Stock Yards Bancorp director gets 39-share award

Stock Yards Bancorp, Inc. director Edwin S. Saunier reported acquiring 39 shares of common stock on July 27, 2026 at a reported value of $82.45 per share, credited to a trust under the Director Deferred Comp Plan.

Rhea-AI Filing Summary

Stock Yards Bancorp, Inc. director Edwin S. Saunier reported acquiring 39 shares of common stock on July 27, 2026 at a reported value of $82.45 per share, credited to a trust under the Director Deferred Comp Plan. After this award, that trust held 6,057 shares, which the company notes include shares acquired through automatic dividend reinvestment. Saunier also held 6,217 common shares directly and a stock appreciation right over 1,000 underlying shares with a $47.17 exercise price expiring July 20, 2031.

Insider Trade Summary

Grant/Award: 39 shares

Grant/Award 3 txns

Insider Saunier Edwin S

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	39	$82.45	$3K
holding	Stock Appreciation Right	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 6,057 shares (Indirect, Trust - Director Deferred Comp Plan); Stock Appreciation Right — 1,000 contracts (Direct); Common Stock — 6,217 shares (Direct)

Footnotes (1)

1. F1. Includes shares acquired through automatic dividend reinvestment.

Key Figures

Shares acquired: 39 shares of Common Stock Award value per share: $82.4500 per share Indirect common stock holdings: 6,057 shares +4 more

7 metrics

Shares acquired 39 shares of Common Stock Grant, award, or other acquisition on July 27, 2026

Award value per share $82.4500 per share Reported value for 39-share common stock acquisition

Indirect common stock holdings 6,057 shares Trust - Director Deferred Comp Plan after July 27, 2026 award; includes automatic dividend reinvestment

Direct common stock holdings 6,217 shares Direct ownership of Stock Yards Bancorp common stock as reported

Stock Appreciation Right underlying shares 1,000 shares Underlying common shares for reported Stock Appreciation Right

Stock Appreciation Right exercise price $47.1700 Exercise price for Stock Appreciation Right expiring July 20, 2031

Stock Appreciation Right expiration July 20, 2031 Expiration date of Stock Appreciation Right over 1,000 shares

Key Terms

Stock Appreciation Right, automatic dividend reinvestment, Director Deferred Comp Plan

3 terms

Stock Appreciation Right financial

"Reports a Stock Appreciation Right over 1,000 shares at a $47.17 exercise price."

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 in the trust balance."

Director Deferred Comp Plan financial

"Trust - Director Deferred Comp Plan holds indirect common stock for the director."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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

Edwin S. Saunier reported acquiring 39 shares of Stock Yards Bancorp common stock on July 27, 2026 at a reported value of $82.45 per share. The shares were credited to a trust associated with the Director Deferred Comp Plan rather than held directly.

How many Stock Yards Bancorp (SYBT) shares does Saunier now hold indirectly?

Following the reported award, a trust linked to Edwin S. Saunier held 6,057 shares of Stock Yards Bancorp common stock. The company specifies this balance includes shares acquired through automatic dividend reinvestment under the relevant plan.

What are Edwin S. Saunier’s direct common stock holdings in SYBT?

Edwin S. Saunier reported holding 6,217 shares of Stock Yards Bancorp common stock directly. This direct ownership is separate from the 6,057 shares held indirectly through a trust under the Director Deferred Comp Plan disclosed in the same report.

What stock appreciation right did Saunier report in the SYBT Form 4?

Saunier reported a Stock Appreciation Right tied to 1,000 underlying shares of Stock Yards Bancorp common stock. The right carries a $47.17 exercise price and an expiration date of July 20, 2031, and is held directly.

Was Saunier’s 39-share SYBT acquisition a market purchase?

The 39-share acquisition is coded as a grant, award, or other acquisition rather than an open-market purchase. It was credited to a trust under the Director Deferred Comp Plan, with a reported per-share value of $82.45 on July 27, 2026.

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

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Available on EDGAR 07/28/2026 - 12:58 PM Accepted by SEC EDGAR 07/28/2026 - 12:57 PM Learn about SEC filing dates

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 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)
07/27/2026

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								6,217	D
Common Stock	07/27/2026		A		39	A	$82.45	6,057(1)	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:

1. Includes shares acquired through automatic dividend reinvestment.

	/s/ Vycki Seigle, by Power of Attorney	07/28/2026
	** 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)