Stock Yards Bancorp director reports gifted shares

Stock Yards Bancorp, Inc. director Laura L. Wells reported changes in her holdings of the company’s common stock.

Rhea-AI Filing Summary

Stock Yards Bancorp, Inc. director Laura L. Wells reported changes in her holdings of the company’s common stock. On 12/01/2025, she received 1,136 shares of common stock as gifts for each minor child, reported with transaction code G and a price of $0.00 per share. Following this transaction, she directly beneficially owned 16,492 shares of common stock.

She also reported a previously granted stock appreciation right with an exercise price of $53.29 per share, exercisable from 05/17/2023 and expiring on 05/17/2032, covering 1,000 shares of common stock. A footnote explains that the transaction reflects gifted shares received for each minor child.

Insider Trade Summary

1,136 shares gifted

Gift 2 txns

Insider Wells Laura L

Role Director

Type	Security	Shares	Price	Value
Gift	Common Stock	1,136	$0.00	$0.00
holding	Stock Appreciation Right	--	--	--

Holdings After Transaction: Common Stock — 16,492 shares (Direct); Stock Appreciation Right — 1,000 contracts (Direct)

Footnotes (1)

1. F1. Received gifted shares for each minor child

FAQ

What insider activity did Laura L. Wells report for SYBT?

Laura L. Wells, a director of Stock Yards Bancorp, Inc. (SYBT), reported receiving 1,136 shares of common stock on 12/01/2025 as a gift for each minor child, and updated her total direct holdings to 16,492 shares.

How many Stock Yards Bancorp (SYBT) shares did the director receive as a gift?

On 12/01/2025, the director reported a transaction coded G (gift) for 1,136 shares of common stock at a price of $0.00 per share, described in a footnote as gifted shares received for each minor child.

What is Laura L. Wells’ total direct ownership in SYBT after the reported transaction?

After the gifted-share transaction, Laura L. Wells directly beneficially owned 16,492 shares of Stock Yards Bancorp, Inc. common stock, as shown in the Form 4 holdings column.

What derivative securities related to SYBT does the director hold?

The filing shows a stock appreciation right with an exercise price of $53.29, exercisable from 05/17/2023 until 05/17/2032, tied to 1,000 shares of common stock, all held directly.

What does the footnote in the SYBT Form 4 filing explain about the shares?

The footnote states that the director received gifted shares for each minor child, clarifying the nature of the 1,136-share transaction reported on 12/01/2025.

Does the SYBT Form 4 indicate any sale of shares by the director?

No sales are reported. The non-derivative transaction is coded G, indicating shares received as a gift, with the director’s direct holdings increasing to 16,492 shares.

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Accepted by SEC EDGAR 01/15/2026 - 01:35 PM Learn about SEC filing dates

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^*

Wells Laura L

(Last) (First) (Middle)

PO BOX 32890

(Street)

LOUISVILLE KY 40232

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
12/01/2025

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

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

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

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	12/01/2025		G		1,136	A	(1)	16,492	D

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	$53.29							05/17/2023	05/17/2032	Common Stock	1,000		1,000	D

Explanation of Responses:

1. Received gifted shares for each minor child

	/s/ Vycki Seigle, by Power of Attorney	01/15/2026
	** 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.