Stock Yards Bancorp president exercises 4,968 SARs
Stock Yards Bancorp, Inc. President Philip Poindexter exercised 4,968 Stock Appreciation Rights on May 11, 2026 at an exercise price of 40.0000 per share, receiving 4,968 shares of common stock.
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Form Type
4
Rhea-AI Filing Summary
Stock Yards Bancorp, Inc. President Philip Poindexter exercised 4,968 Stock Appreciation Rights on May 11, 2026 at an exercise price of 40.0000 per share, receiving 4,968 shares of common stock. 3,747 shares were disposed of at 70.7200 per share to satisfy tax obligations. After these transactions, he holds 68,598 Stock Appreciation Rights and 54,597 shares of common stock directly, plus 15,259 shares indirectly through a 401k/ESOP account.
Insider Trade Summary
4,968 shares exercised/converted
Exercise
14 txns
Insider
Poindexter Philip
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Appreciation Right | 4,968 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,968 | $40.00 | $199K |
| Exercise Price or Tax Liability | Common Stock | 3,747 | $70.72 | $265K |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Appreciation Right — 68,598 contracts (Direct);
Common Stock — 54,597 shares (Direct);
Common Stock — 15,259 shares (Indirect, 401k/ESOP-FBO Philip Poindexter)
Key Figures
Stock Appreciation Rights exercised: 4,968
Exercise price per share: 40.0000
Shares disposed for tax withholding: 3,747
+5 more
8 metrics
Stock Appreciation Rights exercised
4,968
Number of Stock Appreciation Rights exercised on May 11, 2026
Exercise price per share
40.0000
Exercise price per share for the Stock Appreciation Rights
Shares disposed for tax withholding
3,747
Common shares disposed of in a tax-withholding transaction at 70.7200 per share
Tax-withholding price per share
70.7200
Per-share price for the tax-withholding disposition of common stock
Post-transaction Stock Appreciation Rights
68,598
Direct Stock Appreciation Right holdings after the reported transactions
Post-transaction common stock (direct)
54,597
Direct common stock holdings after the reported transactions
Indirect 401k/ESOP holdings
15,259
Common shares held indirectly via 401k/ESOP-FBO Philip Poindexter
Remaining derivative positions reported
10
Number of Stock Appreciation Right positions listed in the derivative summary
Key Terms
Stock Appreciation Right, tax-withholding disposition, underlying security, 401k/ESOP-FBO
4 terms
Stock Appreciation Right financial
"security_title "Stock Appreciation Right" with underlying Common Stock"
A stock appreciation right (SAR) is a form of employee pay that gives the holder the right to receive the increase in a company's share price over a set reference price, paid in cash or shares, without having to buy stock first. It matters to investors because SARs can create future cash outflows or dilute existing shareholders if settled in stock, and they align employee incentives with share-price performance like a bonus tied to a home's price rise.
tax-withholding disposition financial
"transaction_action "tax-withholding disposition" for Common Stock"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
underlying security financial
"underlying_security_title "Common Stock" for derivative positions"
401k/ESOP-FBO financial
"nature_of_ownership "401k/ESOP-FBO Philip Poindexter""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did SYBT President Philip Poindexter do in this Form 4 filing?
Philip Poindexter exercised 4,968 Stock Appreciation Rights at an exercise price of 40.0000 per share, receiving the same number of SYBT common shares. In connection with this exercise, 3,747 shares were disposed of at 70.7200 per share to cover tax obligations.
How many SYBT Stock Appreciation Rights does Philip Poindexter hold after this filing?
After the reported transactions, Philip Poindexter holds 68,598 Stock Appreciation Rights linked to SYBT common stock. These remaining rights, with various exercise prices and expiration dates, represent unexercised derivative incentives that continue to align his compensation with Stock Yards Bancorp’s share performance.
Does this SYBT Form 4 indicate any net market purchase or sale by Poindexter?
The filing shows a derivative exercise and a tax-withholding disposition, resulting in both acquisition and disposition of shares. According to the transaction summary, net buy-sell shares are reported as neutral, reflecting primarily compensation-related activity rather than an open-market trade.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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