Stock Yards Bancorp (SYBT) director reports 108-share stock award in Form 4 filing
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stock Yards Bancorp, Inc. director Stephen M. Priebe reported an automatic acquisition of common stock through a directors' deferred compensation plan. On this date, an indirect account associated with him received 108 shares at $66.78 per share, bringing that indirect holding to 34,039 shares. He also reported a separate direct holding of 4,971 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Priebe Stephen M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 108 | $66.78 | $7K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 34,039 shares (Indirect, Trust-Directors' Deferred Comp Plan);
Common Stock — 4,971 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did SYBT director Stephen M. Priebe report?
Stephen M. Priebe reported an automatic acquisition of Stock Yards Bancorp common stock. An indirect account tied to a directors' deferred compensation plan received 108 shares, reflecting a grant or award rather than an open-market purchase.
Was the SYBT Form 4 transaction a market purchase or a grant?
The transaction is coded as a grant, award, or other acquisition, not an open-market purchase. Shares were acquired through a directors' deferred compensation plan, indicating an automatic or compensation-related credit of 108 Stock Yards Bancorp shares.
Is Stephen M. Priebe’s SYBT ownership direct or indirect?
Stephen M. Priebe reports both direct and indirect ownership in Stock Yards Bancorp. The 108-share acquisition increased an indirect holding in a directors' deferred compensation plan, while he separately reports a direct holding of 4,971 common shares.
What does the unknown transaction entry in the SYBT Form 4 represent?
The Form 4 includes a holding line with an unknown transaction code, showing 4,971 shares as a direct holding. This line typically updates or confirms existing ownership rather than recording a new buy or sell transaction.