Director at Stock Yards Bancorp (SYBT) reports 98-share stock award grant

Rhea-AI Filing Summary

Bickel Paul J III reported acquisition or exercise transactions in this Form 4 filing.

Stock Yards Bancorp director reports stock award. Director Paul J. Bickel III reported receiving an award of 98 shares of Stock Yards Bancorp, Inc. common stock on 2026-02-25, at $66.78 per share, credited to a Trust Directors' Deferred Compensation Plan. The Form 4 also updates his direct and various trust holdings of common stock and stock appreciation rights, without reporting any open-market purchases or sales.

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

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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^*

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)
02/25/2026

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	02/25/2026		A		98	A	$66.78	16,347	I	Trust Directors' Deferred Comp Plan
Common Stock								9,175	I	Held in Irrevocable Trust
Common Stock								11,328	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	02/26/2026
	** 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.

FAQ

What insider transaction did SYBT director Paul J. Bickel III report?

Paul J. Bickel III reported receiving an award of 98 shares of Stock Yards Bancorp common stock. The shares were valued at $66.78 each and credited to a Trust Directors' Deferred Compensation Plan on 2026-02-25, reflecting compensation rather than an open-market purchase.

Was the SYBT Form 4 transaction a buy or sell of common stock?

The Form 4 for SYBT shows an acquisition as a grant or award of 98 common shares, not an open-market buy or sell. The remaining entries in the filing simply update reported holdings in common stock and stock appreciation rights without indicating additional purchases or sales.

How many SYBT shares were included in the director’s stock award?

The reported stock award to the SYBT director covered 98 shares of common stock. These were credited at a price of $66.78 per share to a Trust Directors' Deferred Compensation Plan, representing non-cash compensation rather than a traditional market transaction for those shares.

What types of SYBT securities does Paul J. Bickel III report holding?

Paul J. Bickel III reports holdings in SYBT common stock both directly and through several trusts, as well as stock appreciation rights. The Form 4 lists updated share totals for each ownership category, including direct ownership and interests held in irrevocable and GST exempt trusts.

Does the SYBT Form 4 show any stock appreciation right activity?

The Form 4 lists 1,000 stock appreciation rights for the SYBT director as a holding. It does not report a new grant, exercise, or disposition for these rights, only the number of rights held following the reported date of 2026-02-25 in the filing.