Director Edwin Saunier granted 46 Stock Yards (SYBT) shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stock Yards Bancorp director Edwin S. Saunier reported a compensation-related share grant. He received 46 shares of Common Stock on 2026-05-21 at $71.28 per share, credited to a Trust under the Director Deferred Comp Plan as an indirect holding.
Following this grant, the trust holds 5,950 shares of Common Stock indirectly for him, while he also holds 6,217 shares directly. He additionally holds a Stock Appreciation Right linked to 1,000 shares of Common Stock with a $47.17 exercise price expiring on 2031-07-20.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Saunier Edwin S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 46 | $71.28 | $3K |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 5,950 shares (Indirect, Trust - Director Deferred Comp Plan);
Stock Appreciation Right — 1,000 shares (Direct, null);
Common Stock — 6,217 shares (Direct, null)
Footnotes (1)
Key Figures
Share grant: 46 shares
Grant price: $71.28/share
Direct holdings: 6,217 shares
+4 more
7 metrics
Share grant
46 shares
Common Stock grant on May 21, 2026 to deferred comp trust
Grant price
$71.28/share
Price for 46-share Common Stock grant
Direct holdings
6,217 shares
Common Stock held directly after transactions
Indirect trust holdings
5,950 shares
Common Stock held indirectly via Director Deferred Comp Plan trust
SAR underlying shares
1,000 shares
Underlying Common Stock for Stock Appreciation Right
SAR exercise price
$47.17/share
Exercise price of Stock Appreciation Right
SAR expiration
July 20, 2031
Expiration date of Stock Appreciation Right
Key Terms
Stock Appreciation Right, Director Deferred Comp Plan, grant/award acquisition, indirect
4 terms
Stock Appreciation Right financial
"security_title": "Stock Appreciation Right""
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.
Director Deferred Comp Plan financial
"nature_of_ownership": "Trust - Director Deferred Comp Plan""
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
indirect financial
"ownership_type": "indirect""
FAQ
What insider transaction did SYBT director Edwin S. Saunier report?
Edwin S. Saunier reported receiving 46 shares of Stock Yards Bancorp Common Stock. The shares were granted on May 21, 2026 at $71.28 each and credited to a trust under the Director Deferred Comp Plan, increasing his indirect holdings.
What are the terms of Edwin S. Saunier’s Stock Appreciation Right in SYBT?
Saunier holds a Stock Appreciation Right tied to 1,000 shares of SYBT Common Stock. It has a $47.17 exercise price and expires on July 20, 2031, providing derivative exposure rather than immediate share ownership until exercised.
Was the SYBT Form 4 transaction a market purchase or sale?
The Form 4 shows a grant of 46 SYBT shares as compensation, coded as an acquisition (A), not an open-market trade. Two additional entries simply report existing holdings in Common Stock and a Stock Appreciation Right, with no recorded market buy or sell.