Stock Yards Bancorp director granted 69 SYBT shares

Rhea-AI Filing Summary

Stock Yards Bancorp, Inc. (SYBT) reported that director David L. Hardy received a grant of 69 shares of Common Stock on August 20, 2026, at a reference value of $82.05 per share, credited to a Trust Directors Deferred Comp Plan, bringing his indirect holdings there to 971 shares. Separately, he reports direct ownership of 2,856 Common Shares and a Stock Appreciation Right over 1,000 underlying Common Shares with a $67.85 exercise price, exercisable from October 21, 2026 and expiring on October 21, 2035.

Insider Trade Summary

Grant/Award: 69 shares

Grant/Award 3 txns

Insider Hardy David L.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	69	$82.05	$6K
holding	Stock Appreciation Right	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 971 shares (Indirect, Trust Directors Deferred Comp Plan); Stock Appreciation Right — 1,000 contracts (Direct); Common Stock — 2,856 shares (Direct)

Key Figures

Grant shares: 69 shares of Common Stock Grant reference price: $82.05 per share Indirect holdings after grant: 971 shares of Common Stock +5 more

8 metrics

Grant shares 69 shares of Common Stock Grant, award, or other acquisition on August 20, 2026

Grant reference price $82.05 per share Value associated with 69-share Common Stock grant

Indirect holdings after grant 971 shares of Common Stock Held through Trust Directors Deferred Comp Plan after transaction

Direct Common Stock holdings 2,856 shares Direct ownership following reported transactions

Stock Appreciation Right exercise price $67.85 Exercise price for Stock Appreciation Right over 1,000 shares

Stock Appreciation Right underlying shares 1,000 shares of Common Stock Underlying security for Stock Appreciation Right, direct ownership

Stock Appreciation Right exercise date October 21, 2026 Date from which the Stock Appreciation Right becomes exercisable

Stock Appreciation Right expiration date October 21, 2035 Expiration of Stock Appreciation Right linked to 1,000 shares

Key Terms

Stock Appreciation Right, Trust Directors Deferred Comp Plan, underlying security

3 terms

Stock Appreciation Right financial

"The security title is listed as Stock Appreciation Right with underlying Common Stock"

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.

Trust Directors Deferred Comp Plan financial

"Nature of ownership shows Trust Directors Deferred Comp Plan for indirect shares"

underlying security financial

"The Stock Appreciation Right lists an underlying security title of Common Stock"

FAQ

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

What insider transaction did SYBT director David L. Hardy report?

David L. Hardy reported a grant of 69 shares of Stock Yards Bancorp, Inc. Common Stock on August 20, 2026, credited to a Trust Directors Deferred Comp Plan at a reference value of $82.05 per share, classified as a grant, award, or other acquisition.

How many SYBT shares does David L. Hardy hold indirectly after this Form 4?

After the reported grant, David L. Hardy has 971 shares of Stock Yards Bancorp, Inc. Common Stock held indirectly through a Trust Directors Deferred Comp Plan, according to the Form 4 holdings data.

What are David L. Hardy’s direct Common Stock holdings in SYBT?

The Form 4 shows that David L. Hardy directly owns 2,856 shares of Stock Yards Bancorp, Inc. Common Stock following the reported transactions. This is separate from his indirect holdings in the Trust Directors Deferred Comp Plan.

What Stock Appreciation Right position does David L. Hardy report for SYBT?

David L. Hardy reports a Stock Appreciation Right linked to 1,000 underlying shares of Stock Yards Bancorp, Inc. Common Stock, with an exercise price of $67.85, exercisable starting October 21, 2026 and expiring on October 21, 2035.

Were there any open-market buys or sells of SYBT shares in this Form 4?

No open-market purchases or sales are reported. The filing lists a grant/award acquisition of 69 shares and updates to holding balances for Common Stock and a Stock Appreciation Right, with zero buy or sell transactions counted.

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

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Accepted by SEC EDGAR 08/21/2026 - 11:25 AM 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^*

Hardy David L.

(Last) (First) (Middle)

1040 EAST MAIN STREET

(Street)

LOUISVILLE KENTUCKY 40206

(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)
08/20/2026

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	08/20/2026		A		69	A	$82.05	971	I	Trust Directors Deferred Comp Plan
Common Stock								2,856	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
Stock Appreciation Right	$67.85							10/21/2026	10/21/2035	Common Stock	1,000		1,000	D

Explanation of Responses:

	/s/ Vycki Seigle, by Power of Attorney	08/21/2026
	** 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)