[Form 4] Stock Yards Bancorp, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Michael W. Woods, Senior Vice President of Stock Yards Bancorp, Inc. (SYBT), acquired 1,000 shares of the issuer's common stock on 09/03/2025 as a Restricted Stock Award that vests over five years. The Form 4 reports the transaction as an acquisition, leaving Mr. Woods with 1,000 shares beneficially owned following the grant. The filing was executed via power of attorney and dated 09/04/2025. No derivative transactions or additional cash prices are reported in this Form 4.

Insights

Financial Analyst

TL;DR: Insider received a restricted stock award of 1,000 shares with five-year vesting; transaction is routine and not material to valuation.

The reported grant aligns management and shareholder interests by delivering equity compensation rather than cash. The size (1,000 shares) is small in isolation and the five-year vesting delays economic realization, so the immediate market impact is likely negligible. This disclosure is a standard Section 16 filing and provides transparency about executive pay structure, but it does not change near-term financial metrics or capital structure.

Corporate Governance Expert

TL;DR: A standard restricted stock award for a senior officer; the five-year vesting suggests long-term retention intent.

Granting restricted stock with extended vesting indicates the company is using long-term equity incentives to retain senior management. The filing shows proper compliance with Section 16 reporting via a timely Form 4 signed under power of attorney. There is no indication of accelerated vesting, sales, or other governance concerns in this disclosure.

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

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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^*

WOODS MICHAEL W

(Last) (First) (Middle)

1040 EAST MAIN STREET

(Street)

LOUISVILLE KY 40206

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Stock Yards Bancorp, Inc. [ SYBT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Sr. Vice President

3. Date of Earliest Transaction (Month/Day/Year)
09/03/2025

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

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

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

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	09/03/2025		A		1,000	A	(1)	1,000	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

Explanation of Responses:

1. Restricted Stock Award Grant with 5 year vesting

	/s/ Vycki Seigle, Power of Attorney	09/04/2025
	** 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.

FAQ

What transaction did Michael W. Woods report on Form 4 for SYBT?

The Form 4 reports a Restricted Stock Award of 1,000 shares acquired on 09/03/2025.

How many shares does the reporting person beneficially own after the transaction?

The filing states Mr. Woods beneficially owned 1,000 shares following the reported transaction.

What are the key terms of the restricted stock award reported by SYBT insider?

The award is a Restricted Stock Award with a five-year vesting period as explained in the filing.

When was the Form 4 dated and who signed it?

The signature block shows the Form 4 was signed under power of attorney by Vycki Seigle on 09/04/2025.

Does the Form 4 report any derivative transactions or sales by the reporting person?

No; Table II (derivative securities) shows no entries and the reported transaction is a non-derivative acquisition.