Stock Yards Bancorp (SYBT) director gets 62-share stock award

Rhea-AI Filing Summary

Stock Yards Bancorp director Paul J. Bickel III received a grant of 62 shares of Common Stock valued at $64.46 per share. The award was credited to a Trust Directors' Deferred Comp Plan, increasing that indirect holding to 16,408 shares.

In addition, he now holds 11,328 Common Stock shares directly, plus indirect stakes of 9,175 shares in an irrevocable trust and 580 shares in a GST exempt trust. He also holds a Stock Appreciation Right over 1,000 underlying shares of Common Stock with a $38.30 exercise price expiring on January 16, 2028. The Form 4 reflects compensation-related awards and updated holdings rather than open-market buying or selling.

Insights

Equity compensation analyst

Filing shows a small stock award and updated holdings, not market trades.

The Form 4 for Stock Yards Bancorp director Paul J. Bickel III reports an award of 62 Common Stock shares at $64.46 per share into a Trust Directors' Deferred Comp Plan. Code A indicates a grant or award, making this a compensation event rather than an open-market purchase.

The filing also lists direct ownership of 11,328 Common Stock shares and several indirect trust holdings, plus a Stock Appreciation Right over 1,000 underlying shares at a $38.30 exercise price expiring on January 16, 2028. These updates clarify his total equity exposure but do not signal significant buying or selling activity.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Bickel Paul J III

(Last) (First) (Middle)

PO BOX 32890

(Street)

LOUISVILLE KENTUCKY 40232

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Stock Yards Bancorp, Inc. [ SYBT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/23/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/23/2026		A		62	A	$64.46	16,408	I	Trust Directors' Deferred Comp Plan
Common Stock								9,175	I	Held in Irrevocable Trust
Common Stock								11,328	D
Common Stock								580	I	Held in GST Exempt Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Appreciation Right	$38.3							01/16/2019	01/16/2028	Common Stock	1,000		1,000	D

Explanation of Responses:

	/s/ Vycki Seigle, by Power of Attorney	03/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did SYBT director Paul J. Bickel III report?

Paul J. Bickel III reported receiving a grant of 62 shares of Stock Yards Bancorp Common Stock at $64.46 per share. The award was credited to a Trust Directors' Deferred Comp Plan and reflects equity compensation rather than an open-market stock purchase or sale.

Was the SYBT Form 4 transaction a stock purchase or compensation grant?

The Form 4 reports a compensation-related stock grant, not a market purchase. Transaction code A identifies the 62 Common Stock shares as a grant or award credited to a Trust Directors' Deferred Comp Plan for director Paul J. Bickel III on March 23, 2026.

How many SYBT shares does Paul J. Bickel III hold after this filing?

After this filing, Bickel’s reported holdings include 11,328 Common Stock shares directly and several indirect trust positions. These indirect holdings include 16,408 shares in a directors’ deferred compensation trust, 9,175 shares in an irrevocable trust, and 580 shares in a GST exempt trust.

What derivative position did the SYBT Form 4 disclose for Paul J. Bickel III?

The Form 4 shows a Stock Appreciation Right linked to 1,000 underlying shares of Common Stock. This derivative has an exercise price of $38.30 per share and an expiration date of January 16, 2028, representing additional potential equity exposure.

Does the SYBT Form 4 indicate any insider selling activity?

The Form 4 does not report any selling transactions. It shows one compensation grant of 62 Common Stock shares to a directors’ deferred compensation trust and several holding entries updating direct and indirect ownership positions, without any sale-related transaction codes.