Stock Yards Bancorp director granted 38 shares
Stock Yards Bancorp director Edwin S. Saunier reported a compensation-related stock award and updated holdings.
Rhea-AI Filing Summary
Stock Yards Bancorp director Edwin S. Saunier reported a compensation-related stock award and updated holdings. He received a grant of 38 shares of common stock at $73.09 per share, credited to a trust under the Director Deferred Compensation Plan, which is reported as indirect ownership. Following these updates, he holds 6,217 common shares directly, including shares acquired through automatic dividend reinvestment, and 5,904 common shares indirectly through the trust. He also holds a stock appreciation right tied to 1,000 underlying common shares at an exercise price of $47.17 per share, expiring on July 20, 2031.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 38 shares
Grant/Award
3 txns
Insider
Saunier Edwin S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 38 | $73.09 | $3K |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 5,904 shares (Indirect, Trust - Director Deferred Comp Plan);
Stock Appreciation Right — 1,000 contracts (Direct);
Common Stock — 6,217 shares (Direct)
Footnotes (1)
- F1. Includes shares acquired through automatic dividend reinvestment.
Key Figures
Stock grant size: 38 shares
Grant price: $73.09 per share
Direct common shares: 6,217 shares
+3 more
6 metrics
Stock grant size
38 shares
Common stock award to Director Deferred Compensation Plan trust
Grant price
$73.09 per share
Value assigned to 38-share common stock grant
Direct common shares
6,217 shares
Direct holdings after transactions, includes dividend reinvestment
Indirect common shares
5,904 shares
Held via Director Deferred Compensation Plan trust after grant
SAR underlying shares
1,000 shares
Underlying common stock for stock appreciation right
SAR exercise price
$47.17 per share
Exercise price for stock appreciation right expiring 2031-07-20
Key Terms
Stock Appreciation Right, Director Deferred Comp Plan, automatic dividend reinvestment
3 terms
Stock Appreciation Right financial
"security_title: "Stock Appreciation Right" with 1,000 underlying shares of 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.
Director Deferred Comp Plan financial
"nature_of_ownership: "Trust - Director Deferred Comp Plan" for indirect shares"
automatic dividend reinvestment financial
"Includes shares acquired through automatic dividend reinvestment."
FAQ
What insider transaction did Edwin S. Saunier report at Stock Yards Bancorp (SYBT)?
Edwin S. Saunier reported receiving a grant of 38 shares of Stock Yards Bancorp common stock. The award was reported as indirect ownership through a Director Deferred Compensation Plan trust and reflects compensation rather than an open-market stock purchase or sale.
At what price was Edwin S. Saunier’s stock grant in Stock Yards Bancorp (SYBT) recorded?
The 38-share stock grant to Edwin S. Saunier was recorded at $73.09 per share. This value reflects the grant price for the compensation award credited to the Director Deferred Compensation Plan trust, not an open-market trading price on an exchange.
What indirect Stock Yards Bancorp (SYBT) holdings does Edwin S. Saunier report?
Edwin S. Saunier reports indirect ownership of 5,904 shares of Stock Yards Bancorp common stock. These shares are held in a trust associated with a Director Deferred Compensation Plan, reflecting deferred compensation rather than open-market acquisitions or sales by the director.
What are the terms of Edwin S. Saunier’s stock appreciation right in Stock Yards Bancorp (SYBT)?
Edwin S. Saunier holds a stock appreciation right linked to 1,000 underlying Stock Yards Bancorp common shares at a $47.17 exercise price. The right expires on July 20, 2031, and represents a derivative-based compensation position rather than a current stock ownership change.
Does the Stock Yards Bancorp (SYBT) Form 4 show any open-market buying or selling by Edwin S. Saunier?
The Form 4 shows a grant of 38 shares as compensation and updated holdings, but no open-market purchases or sales. The main transaction is classified as a grant or award acquisition tied to the Director Deferred Compensation Plan trust, not a discretionary market trade.
AI-generated analysis. How Rhea-AI works. Not financial advice.
