Stock Yards Bancorp (SYBT) director gets 92-share stock grant
Rhea-AI Filing Summary
Stock Yards Bancorp, Inc. director David L. Hardy reported a grant of 92 shares of common stock on 2026-07-27 at $82.45 per share under a Trust Directors Deferred Compensation Plan, increasing his indirect holdings in that plan to 902 shares, which include shares acquired through automatic dividend reinvestment.
The filing also shows he directly owns 2,856 common shares and holds a stock appreciation right tied to 1,000 underlying shares, exercisable at $67.85 and expiring on 2035-10-21.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 92 shares
Net Buy
3 txns
Insider
Hardy David L.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 92 | $82.45 | $8K |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 902 shares (Indirect, Trust Directors Deferred Comp Plan);
Stock Appreciation Right — 1,000 shares (Direct);
Common Stock — 2,856 shares (Direct)
Footnotes (1)
- F1. Includes shares acquired through automatic dividend reinvestment.
Key Figures
Granted shares: 92 shares
Grant price: $82.45 per share
Indirect common shares after grant: 902 shares
+4 more
7 metrics
Granted shares
92 shares
Common stock grant on 2026-07-27 under Trust Directors Deferred Comp Plan
Grant price
$82.45 per share
Price per share assigned to 92-share common stock award
Indirect common shares after grant
902 shares
Indirect holdings in Trust Directors Deferred Comp Plan after reported award
Direct common shares
2,856 shares
Directly held Stock Yards Bancorp common stock after reported date
Stock Appreciation Right exercise price
$67.85
Exercise price for stock appreciation right over 1,000 underlying shares
Underlying shares for SAR
1,000 shares
Common shares underlying reported Stock Appreciation Right position
SAR expiration date
2035-10-21
Expiration date of Stock Appreciation Right position
Key Terms
Stock Appreciation Right, automatic dividend reinvestment, Trust Directors Deferred Comp Plan
3 terms
Stock Appreciation Right financial
"Security title reported as Stock Appreciation Right with 1,000 underlying shares."
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.
automatic dividend reinvestment financial
"Footnote states holdings include shares acquired through automatic dividend reinvestment."
Trust Directors Deferred Comp Plan financial
"Indirect ownership described as Trust Directors Deferred Comp Plan for common stock grant."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transaction did David L. Hardy report for SYBT on this Form 4?
David L. Hardy reported a grant of 92 shares of Stock Yards Bancorp common stock on 2026-07-27 at $82.45 per share under a Trust Directors Deferred Compensation Plan, classified as an indirect holding rather than an open-market purchase.
What are David L. Hardy’s direct common stock holdings in SYBT after this filing?
The Form 4 shows Hardy directly owns 2,856 shares of Stock Yards Bancorp common stock. A related footnote explains these direct holdings include shares obtained via automatic dividend reinvestment, but the form does not list any new direct-share transaction on the reported date.
What stock appreciation right does David L. Hardy hold in Stock Yards Bancorp (SYBT)?
Hardy holds a Stock Appreciation Right over 1,000 underlying shares of SYBT common stock, with an exercise price of $67.85 and an expiration date of 2035-10-21. This position is reported as a direct holding in the derivative section.
Was David L. Hardy’s SYBT Form 4 transaction under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as relying on a trading plan. The transaction is characterized as a grant or award acquisition in a deferred compensation arrangement, rather than a trade executed under a pre-arranged 10b5-1 plan.