Stock Yards Bancorp (SYBT) director sells 6,823 shares in July 2026

Rhea-AI Filing Summary

Stock Yards Bancorp director Laura L. Wells reported selling 6,823 shares of common stock at $86.29 on July 30, 2026, leaving 9,580 shares held directly, including amounts from automatic dividend reinvestment, SAR exercise and RSU cancellation due to separation. She also exercised 1,000 stock appreciation rights at an exercise price of $53.29 per share, eliminating that derivative position.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 2 txns

Insider Wells Laura L

Role Director

Sold 6,823 shs ($589K)

Approx. gross sale proceeds $589K

Approx. exercise cost $53K

Type	Security	Shares	Price	Value
Sale	Common Stock F1, F2	6,823	$86.29	$589K
Exercise	Stock Appreciation Right	1,000	$0.00	$0.00

Holdings After Transaction: Stock Appreciation Right — 0 shares (Direct); Common Stock — 9,580 shares (Direct)

Footnotes (2)

1. F1. Includes shares acquired through automatic dividend reinvestment.
2. F2. Includes SAR exercise and cancellation of RSU's due to separation

Key Figures

Common shares sold: 6,823 shares Sale price per share: $86.29 Shares held after sale: 9,580 shares +3 more

6 metrics

Common shares sold 6,823 shares Sale of common stock reported on July 30, 2026

Sale price per share $86.29 Per-share price for 6,823 common shares sold

Shares held after sale 9,580 shares Direct common stock holdings following July 30, 2026 sale

Stock appreciation rights exercised 1,000 rights Derivative transaction on June 1, 2026

SAR exercise price $53.29 Exercise price per share for stock appreciation rights

SAR expiration date May 17, 2032 Original expiration date of the exercised stock appreciation rights

Key Terms

Stock Appreciation Right, automatic dividend reinvestment, RSU's, derivative security

4 terms

Stock Appreciation Right financial

"security_title: "Stock Appreciation Right""

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.

automatic dividend reinvestment financial

"Includes shares acquired through automatic dividend reinvestment."

RSU's financial

"Includes SAR exercise and cancellation of RSU's due to separation"

derivative security financial

"Exercise or conversion of derivative security"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/03/2026 - 10:20 AM Accepted by SEC EDGAR 08/03/2026 - 10:19 AM Learn about SEC filing dates

FAQ

What insider transaction did Laura L. Wells report at Stock Yards Bancorp (SYBT)?

Laura L. Wells reported a sale of 6,823 shares of Stock Yards Bancorp common stock and an earlier exercise of 1,000 stock appreciation rights, along with updated post-transaction share holdings.

How many SYBT shares did Laura L. Wells sell and at what price?

She sold 6,823 shares of Stock Yards Bancorp common stock at a per-share price of $86.29. The transaction is coded as a sale in an open market or private transaction on July 30, 2026.

How many Stock Yards Bancorp (SYBT) shares does Laura L. Wells own after the sale?

Following the reported sale, Laura L. Wells holds 9,580 shares of Stock Yards Bancorp common stock directly. This figure includes shares from automatic dividend reinvestment, a SAR exercise, and cancellation of RSUs due to separation.

What derivative securities were involved in Laura L. Wells’s SYBT Form 4?

The filing reports a Stock Appreciation Right covering 1,000 shares of common stock, exercised at an exercise price of $53.29 per share. After this exercise, the reported stock appreciation right position is 0.

What do the footnotes in the SYBT Form 4 for Laura L. Wells explain?

The footnotes state that post-sale holdings include shares acquired through automatic dividend reinvestment and also include a SAR exercise and cancellation of RSUs due to separation, clarifying how the reported 9,580-share balance was reached.

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

X

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 KENTUCKY 40232

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/30/2026

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

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

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

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	07/30/2026		S		6,823	D	$86.29	9,580(1)(2)	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	06/01/2026		M			1,000	05/17/2023	05/17/2032	Common Stock	1,000	$0	0	D

Explanation of Responses:

1. Includes shares acquired through automatic dividend reinvestment.

2. Includes SAR exercise and cancellation of RSU's due to separation

	/s/ Vycki Seigle, by Power of Attorney	08/03/2026
	** 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.
* Form 4: SEC 1474 (03-26)