Stock Yards director granted 46 SYBT shares

Stock Yards Bancorp director Edwin S. Saunier reported a compensation-related share grant.

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Form Type

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.

Insider Trade Summary

Grant/Award: 46 shares

Grant/Award 3 txns

Insider Saunier Edwin S

Role Director

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 contracts (Direct); Common Stock — 6,217 shares (Direct)

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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

How many Stock Yards Bancorp (SYBT) shares does Edwin S. Saunier hold after this Form 4?

After the reported transactions, Saunier holds 6,217 SYBT Common Stock shares directly. A related trust under the Director Deferred Comp Plan holds an additional 5,950 shares indirectly for him, as disclosed in the Form 4 ownership table.

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.

How many SYBT shares were granted to the Director Deferred Comp Plan trust?

The trust associated with the Director Deferred Comp Plan received 46 shares of Stock Yards Bancorp Common Stock. This grant raised the trust’s indirect holdings for Edwin S. Saunier to 5,950 shares, according to the post-transaction ownership figures in the Form 4.

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Accepted by SEC EDGAR 05/22/2026 - 01:52 PM EDT

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^*

Saunier Edwin S

(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)
05/21/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock								6,217	D
Common Stock	05/21/2026		A		46	A	$71.28	5,950	I	Trust - Director Deferred Comp Plan

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Appreciation Right	$47.17							07/20/2022	07/20/2031	Common Stock	1,000		1,000	D

Explanation of Responses:

	/s/ Vycki Seigle, by Power of Attorney	05/22/2026
	** 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)

Source: View Original Filing on SEC EDGAR