Director gets 828 shares at Stock Yards Bancorp (SYBT) grant award
Rhea-AI Filing Summary
Stock Yards Bancorp director Arvin Shannon Bishop received 828 shares of common stock on a no-cash basis as an equity grant described as restricted stock units with one year vesting. After this award, he beneficially owned 6,366 common shares in direct form. He also directly holds stock appreciation rights covering 1,000 shares of common stock at an exercise price of
Positive
- None.
Negative
- None.
FAQ
What insider transaction did SYBT director Arvin Shannon Bishop report?
Arvin Shannon Bishop, a director of Stock Yards Bancorp, Inc. (SYBT), reported acquiring 828 shares of common stock as an equity award on
Was the SYBT director stock transaction a purchase or an equity grant?
The filing describes the transaction as a restricted stock unit grant with one year vesting, meaning the 828 common shares were awarded as compensation rather than bought on the open market.
How many Stock Yards Bancorp (SYBT) shares does the director own after this grant?
Following the reported transaction, Arvin Shannon Bishop beneficially owned 6,366 shares of Stock Yards Bancorp common stock in direct ownership.
What derivative securities related to SYBT does the director hold?
The director holds stock appreciation rights on 1,000 shares of common stock with an exercise price of
Does the Form 4 indicate any indirect ownership for the SYBT director?
The reported holdings of both the 6,366 common shares and the 1,000 stock appreciation rights are shown as direct (D) ownership, with no separate indirect ownership entity listed.
What is the vesting term for the SYBT restricted stock unit grant?
The explanatory note states that the restricted stock unit grant has one year vesting, meaning the 828-share award vests over a one-year period.