Stock Yards Bancorp director Saunier acquires 40 shares

The director's reported position also includes 6,217 directly held shares and a stock appreciation right covering 1,000 common shares.

Rhea-AI Filing Summary

Stock Yards Bancorp, Inc. director Edwin S. Saunier reported an acquisition of 40 common shares indirectly through the Trust - Director Deferred Comp Plan on October 26, 2026, at $79.19 per share. The trust's reported position afterward was 6,203 shares, including shares acquired through automatic dividend reinvestment. Saunier also reported 6,217 directly held common shares and a stock appreciation right covering 1,000 common shares, with a $47.17 exercise price and an expiration date of July 20, 2031.

Insider Trade Summary

Grant/Award: 40 shares

Grant/Award 3 txns

Insider Saunier Edwin S

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	40	$79.19	$3K
holding	Stock Appreciation Right	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 6,203 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

Common shares acquired: 40 shares Price per share: $79.19 per share Trust common shares after transaction: 6,203 shares +4 more

7 metrics

Common shares acquired 40 shares Reported acquisition on October 26, 2026, through the Trust - Director Deferred Comp Plan

Price per share $79.19 per share For the reported 40-share acquisition on October 26, 2026

Trust common shares after transaction 6,203 shares Reported after the October 26, 2026 transaction; includes shares acquired through automatic dividend reinvestment

Direct common shares 6,217 shares Direct holding reported on October 26, 2026

Common shares underlying stock appreciation right 1,000 shares Direct derivative holding reported on October 26, 2026

Exercise price $47.17 Stock appreciation right

Expiration date July 20, 2031 Stock appreciation right

Key Terms

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

3 terms

Stock Appreciation Right financial

"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.

Director Deferred Comp Plan financial

"Trust - Director Deferred Comp Plan"

automatic dividend reinvestment financial

"shares acquired through automatic dividend reinvestment"

FAQ

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

What share acquisition did SYBT director Edwin S. Saunier report?

The reported acquisition was 40 common shares through the Trust - Director Deferred Comp Plan on October 26, 2026, at $79.19 per share. The trust's reported position afterward was 6,203 shares, including shares acquired through automatic dividend reinvestment.

What stock appreciation right did SYBT director Edwin S. Saunier report?

The reported stock appreciation right covered 1,000 underlying common shares, had a $47.17 exercise price and an expiration date of July 20, 2031.

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

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Available on EDGAR 10/28/2026 - 03:52 PM EDT Accepted by SEC EDGAR 10/28/2026 - 03:51 PM EDT 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)
10/26/2026

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	10/26/2026		A		40	A	$79.19	6,203(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	10/28/2026
	** 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)