Stock Yards Bancorp (SYBT) EVP awarded shares with tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stock Yards Bancorp Executive Vice President Thomas C. Stinnett received a grant of 1,525 shares of Common Stock at $64.46 per share as a compensation award. To cover tax obligations, 655 shares were withheld, leaving him with 64,957 shares held directly. He also has indirect ownership of 497 shares held by his spouse and 13,928 shares in a KSOP account, and retains multiple stock appreciation rights tied to Common Stock with exercise prices between $25.76 and $75.21 expiring from 2026 through 2036.
Positive
- None.
Negative
- None.
Insider Trade Summary
16 transactions reported
Mixed
16 txns
Insider
Stinnett Thomas C
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,525 | $64.46 | $98K |
| Tax Withholding | Common Stock | 655 | $64.46 | $42K |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 65,612 shares (Direct);
Stock Appreciation Right — 6,871 shares (Direct);
Common Stock — 497 shares (Indirect, By Spouse)
Footnotes (1)
FAQ
What insider transaction did SYBT executive Thomas C. Stinnett report on this Form 4?
Thomas C. Stinnett reported receiving a grant of 1,525 Stock Yards Bancorp shares at $64.46 per share. The filing also shows shares withheld to cover taxes and updated direct and indirect holdings in the company’s Common Stock.
What does the tax-withholding entry mean in the SYBT Form 4 for Thomas C. Stinnett?
The tax-withholding entry shows 655 shares of Stock Yards Bancorp used to pay tax liabilities tied to the share award. This disposition is an administrative step and not an open-market sale, reflecting standard treatment of equity-based compensation.
What derivative awards does Thomas C. Stinnett retain in Stock Yards Bancorp (SYBT)?
He holds several stock appreciation rights linked to Stock Yards Bancorp Common Stock, with exercise prices between $25.76 and $75.21. These awards have expiration dates ranging from 2026 through 2036, providing future equity-based participation.