Stock Yards Bancorp (SYBT) Form 4: Director Reports Small Purchase and Deferred-Comp Sale

Rhea-AI Filing Summary

Stephen M. Priebe, a director of Stock Yards Bancorp, Inc. (SYBT), reported an open-market acquisition of 73 shares of the issuer's common stock on 08/21/2025 at a reported price of $77.05 per share. After the transaction he is shown as beneficially owning 32,209 shares indirectly. The filing also reports a disposition of 4,885 shares held in the Trust-Directors' Deferred Compensation Plan.

Insights

Financial Analyst

TL;DR: Insider purchase of 73 shares is immaterial to valuation but signals director reinvestment.

The reported purchase of 73 shares at $77.05 is small relative to the director's total indirect holding of 32,209 shares, so the transaction is not material to SYBT's capitalization or short-term valuation. The simultaneous reporting of a 4,885-share disposition from a deferred compensation trust reflects routine plan activity rather than a major change in ownership stake.

Corporate Governance Expert

TL;DR: Routine Section 16 disclosure of small purchase and deferred-comp plan disposition; governance implications limited.

This Form 4 properly discloses a director-level acquisition and a trustee-held disposition under the Directors' Deferred Compensation Plan. The amounts are small and consistent with routine director compensation and elections to convert deferred pay to stock or cash. No governance or control shifts are indicated.

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

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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^*

Priebe Stephen M

(Last) (First) (Middle)

PO BOX 32890

(Street)

LOUISVILLE KY 40232

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/21/2025

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	08/21/2025		A		73	A	$77.05	32,209	I	Trust-Directors' Deferred Comp Plan
Common Stock								4,885	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:

	/s/ Donna Cleek, Power of Attorney	08/22/2025
	** 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 did SYBT director Stephen M. Priebe report on Form 4?

The director reported acquiring 73 shares on 08/21/2025 at $77.05 per share and a disposition of 4,885 shares from the Trust-Directors' Deferred Compensation Plan.

How many SYBT shares does Stephen M. Priebe beneficially own after the reported transaction?

The filing shows beneficial ownership of 32,209 shares indirectly following the reported acquisition.

Was the Form 4 filing for SYBT joint or individual?

The filing was made by one reporting person (individual filing).

What was the transaction date and price reported on the SYBT Form 4?

Transaction date: 08/21/2025; reported price: $77.05 per share.

Does the Form 4 indicate a change in control of SYBT?

No. The reported amounts (73 shares acquired, 4,885 shares disposed from a deferred plan) are small and do not indicate any change in control.