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

Rhea-AI Filing Summary

Stock Yards Bancorp, Inc. (SYBT) reported an insider ownership update by a director. On 11/19/2025, the director acquired 125 shares of common stock at $64.97 through a transaction reported as an acquisition. After this, the director beneficially owned 15,203 shares in a Directors' Deferred Compensation Plan trust, 9,175 shares in an irrevocable trust, 580 shares in a GST exempt trust, and 11,267 shares held directly. The filing also shows a stock appreciation right covering 1,000 shares of common stock at a $38.3 exercise price, exercisable from 01/16/2019 until 01/16/2028.

Insider Trade Summary

5 transactions reported

Mixed 5 txns

Insider Bickel Paul J III

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	125	$64.97	$8K
holding	Stock Appreciation Right	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 15,203 shares (Indirect, Trust Directors' Deferred Comp Plan); Stock Appreciation Right — 1,000 shares (Direct); Common Stock — 11,267 shares (Direct)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

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^*

Bickel Paul J III

(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)
11/19/2025

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	11/19/2025		A		125	A	$64.97	15,203	I	Trust Directors' Deferred Comp Plan
Common Stock								9,175	I	Held in Irrevocable Trust
Common Stock								11,267	D
Common Stock								580	I	Held in GST Exempt Trust

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	$38.3							01/16/2019	01/16/2028	Common Stock	1,000		1,000	D

Explanation of Responses:

	/s/ Vycki Seigle, by Power of Attorney	11/20/2025
	** 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 insider transaction was reported for Stock Yards Bancorp (SYBT)?

A director of Stock Yards Bancorp reported acquiring 125 shares of common stock on 11/19/2025 at a price of $64.97 per share.

How many Stock Yards Bancorp (SYBT) shares does the reporting person now beneficially own?

After the transaction, the director beneficially owned 15,203 shares in a Directors' Deferred Compensation Plan trust, 9,175 shares in an irrevocable trust, 580 shares in a GST exempt trust, and 11,267 shares held directly.

What type of relationship does the reporting person have with Stock Yards Bancorp (SYBT)?

The reporting person is identified as a Director of Stock Yards Bancorp, Inc. on the ownership report.

Were any derivative securities reported for the SYBT insider?

Yes. The filing lists a stock appreciation right on common stock for 1,000 shares with an exercise price of $38.3, exercisable from 01/16/2019 until 01/16/2028.

Is the Stock Yards Bancorp (SYBT) Form 4 filed by one or multiple reporting persons?

The report indicates it is a Form filed by one reporting person, not a joint filing.

How are some of the SYBT shares held by the reporting person structured?

Shares are held in several forms: a Directors' Deferred Compensation Plan trust, an irrevocable trust, a GST exempt trust, and direct ownership of common stock.