Stock Yards Bancorp director Hardy acquires 96 shares

The directly held stock appreciation right has a $67.85 exercise price and expires October 21, 2035.

Rhea-AI Filing Summary

Stock Yards Bancorp, Inc. (SYBT) director David L. Hardy reported an award-related acquisition of 96 common shares at $79.19 per share on October 26, 2026, held indirectly through the Trust Directors Deferred Comp Plan. His reported indirect common-stock position after the acquisition was 1,122 shares, including shares acquired through automatic dividend reinvestment. He also reported 2,856 directly held common shares and a direct stock appreciation right covering 1,000 common shares, with a $67.85 exercise price.

Insider Trade Summary

Grant/Award: 96 shares

Grant/Award 3 txns

Insider Hardy David L.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	96	$79.19	$8K
holding	Stock Appreciation Right	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 1,122 shares (Indirect, Trust Directors Deferred Comp Plan); Stock Appreciation Right — 1,000 contracts (Direct); Common Stock — 2,856 shares (Direct)

Footnotes (1)

1. F1. Includes shares acquired through automatic dividend reinvestment.

Key Figures

Award-related acquisition: 96 shares Reported acquisition price: $79.19 per share Indirect common shares after acquisition: 1,122 shares +4 more

7 metrics

Award-related acquisition 96 shares October 26, 2026

Reported acquisition price $79.19 per share October 26, 2026

Indirect common shares after acquisition 1,122 shares Trust Directors Deferred Comp Plan; October 26, 2026

Direct common shares 2,856 shares Reported October 26, 2026

Common shares underlying stock appreciation right 1,000 shares Direct position reported October 26, 2026

Stock appreciation right exercise price $67.85 Direct position reported October 26, 2026

Stock appreciation right expiration October 21, 2035 Direct position

Key Terms

Stock Appreciation Right, Trust Directors 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.

Trust Directors Deferred Comp Plan financial

"Trust Directors 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.

How many shares did David Hardy acquire in SYBT?

David L. Hardy, a director of SYBT, reported an award-related acquisition of 96 common shares on October 26, 2026, at $79.19 per share. The shares were held indirectly through the Trust Directors Deferred Comp Plan; his reported post-acquisition position in that plan was 1,122 shares, including shares acquired through automatic dividend reinvestment.

When does David Hardy's SYBT stock appreciation right expire?

The directly held stock appreciation right covers 1,000 common shares, has a $67.85 exercise price, and expires on October 21, 2035.

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

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Available on EDGAR 10/28/2026 - 04:01 PM EDT Accepted by SEC EDGAR 10/28/2026 - 04:00 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^*

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)
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	10/26/2026		A		96	A	$79.19	1,122(1)	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:

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)