Stock Yards Bancorp (SYBT) EVP gains stock award, tax shares withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stock Yards Bancorp, Inc. Executive Vice President Michael Croce received a grant of 770 shares of Common Stock at $64.46 per share. On the same date, 290 shares were disposed of to cover tax obligations related to this compensation award, a non-market transaction. Following these entries, he directly holds 25,338 Common Stock shares and indirectly holds 8,884 shares through a 401k/ESOP account.
Positive
- None.
Negative
- None.
Insider Trade Summary
13 transactions reported
Mixed
13 txns
Insider
CROCE MICHAEL
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 770 | $64.46 | $50K |
| Tax Withholding | Common Stock | 290 | $64.46 | $19K |
| 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 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 25,628 shares (Direct);
Stock Appreciation Right — 3,162 shares (Direct);
Common Stock — 8,884 shares (Indirect, by 401k/ESOP-fbo Michael Croce)
Footnotes (1)
FAQ
What insider transaction did SYBT Executive Vice President Michael Croce report?
Michael Croce reported a compensation-related stock grant. He received 770 shares of Stock Yards Bancorp Common Stock, with part of the award settled in shares and a portion withheld in shares to satisfy tax obligations rather than through an open-market sale.
Were any open-market buys or sells reported in this SYBT Form 4?
No open-market purchases or sales were reported. The filing shows a stock grant classified as an acquisition and a related tax-withholding share disposition, which is a routine administrative step rather than a discretionary market trade.
What derivative awards linked to SYBT stock does Michael Croce hold?
Croce holds multiple Stock Appreciation Rights tied to Common Stock. These rights cover various underlying share amounts and exercise prices, with expiration dates ranging from 2027 through 2036, providing long-term, performance-linked exposure to the company’s share price.