Stock Yards Bancorp (NASDAQ: SYBT) director receives grant of 55 shares

Rhea-AI Filing Summary

Saunier Edwin S reported acquisition or exercise transactions in this Form 4 filing.

Stock Yards Bancorp director Edwin S. Saunier reported an award of 55 shares of common stock on February 25, 2026 at an indicated price of $66.78 per share. The shares are held indirectly through a Trust - Director Deferred Comp Plan, bringing that indirect position to 5,783 shares. As of the same date, he also reported direct holdings of 6,217 common shares and 1,000 stock appreciation rights.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Saunier Edwin S

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	55	$66.78	$4K
holding	Stock Appreciation Right	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 5,783 shares (Indirect, Trust - Director Deferred Comp Plan); Stock Appreciation Right — 1,000 shares (Direct); Common Stock — 6,217 shares (Direct)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

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 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)
02/25/2026

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								6,217	D
Common Stock	02/25/2026		A		55	A	$66.78	5,783	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
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	02/26/2026
	** 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.

FAQ

What insider transaction did SYBT director Edwin S. Saunier report?

Edwin S. Saunier reported an award of 55 shares of Stock Yards Bancorp, Inc. common stock on February 25, 2026. The indicated price was $66.78 per share, and the shares are held indirectly through a Director Deferred Compensation Plan trust.

How many SYBT shares does Edwin S. Saunier hold after this Form 4?

After the reported award, Edwin S. Saunier holds 5,783 shares of Stock Yards Bancorp common stock indirectly via a deferred compensation trust and 6,217 shares directly. He also reports 1,000 stock appreciation rights as of February 25, 2026.

Was the SYBT Form 4 transaction a market purchase or a grant?

The Form 4 for Stock Yards Bancorp, Inc. (SYBT) shows a grant or award acquisition of 55 common shares, not an open-market purchase. The transaction is coded as a grant and is held indirectly through a Director Deferred Compensation Plan trust.

How is Edwin S. Saunier’s ownership in SYBT structured after the award?

Edwin S. Saunier’s ownership includes indirect holdings of 5,783 SYBT common shares in a Director Deferred Compensation Plan trust and direct holdings of 6,217 common shares. He also reports 1,000 stock appreciation rights, all as of February 25, 2026.

What does the Director Deferred Comp Plan mean for SYBT share ownership?

The Director Deferred Comp Plan holds 5,783 SYBT common shares for Edwin S. Saunier indirectly. These shares reflect compensation deferred into stock-based awards rather than direct open-market purchases, aligning part of director compensation with Stock Yards Bancorp’s share performance.