Stock Yards Bancorp director granted 1,000 SARs

Stock Yards Bancorp, Inc. director Scott P. Davis reported an equity compensation grant rather than an open-market trade.

Rhea-AI Filing Summary

Stock Yards Bancorp, Inc. director Scott P. Davis reported an equity compensation grant rather than an open-market trade. He received a grant of 1,000 Stock Appreciation Rights tied to Common Stock, with an exercise price of $70.21 and an expiration date of May 19, 2036.

The rights become exercisable on May 19, 2027, and represent up to 1,000 underlying shares of Common Stock. The filing also shows that Davis directly holds 13,970 shares of Common Stock after the reported transactions, and there were no reported open-market share purchases or sales.

Insider Trade Summary

Grant/Award: 1,000 shares

Grant/Award 2 txns

Insider Davis Scott P.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Stock Appreciation Right	1,000	$0.00	$0.00
holding	Common Stock	--	--	--

Holdings After Transaction: Stock Appreciation Right — 1,000 contracts (Direct); Common Stock — 13,970 shares (Direct)

Key Figures

Stock Appreciation Rights granted: 1,000 rights Exercise price: $70.21 per right SAR expiration date: May 19, 2036 +3 more

6 metrics

Stock Appreciation Rights granted 1,000 rights Grant to Scott P. Davis on May 19, 2026

Exercise price $70.21 per right Conversion or exercise price for Stock Appreciation Rights

SAR expiration date May 19, 2036 Expiration of granted Stock Appreciation Rights

Underlying shares 1,000 shares Common Stock underlying the Stock Appreciation Rights

Common Stock held 13,970 shares Direct Common Stock holdings after transactions

Net buy/sell shares 0 shares No net open-market buying or selling reported

Key Terms

Stock Appreciation Right, grant/award acquisition, Common Stock, exercise price

4 terms

Stock Appreciation Right financial

"security_title: "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.

grant/award acquisition financial

"transaction_action: "grant/award acquisition""

Common Stock financial

"underlying_security_title: "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

exercise price financial

"conversion_or_exercise_price: "70.2100""

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

FAQ

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

What did Scott P. Davis report in his Form 4 for Stock Yards Bancorp (SYBT)?

Scott P. Davis reported receiving 1,000 Stock Appreciation Rights as equity compensation. These rights relate to Common Stock and are not an open-market purchase or sale, reflecting a grant that adds to his potential future equity exposure in Stock Yards Bancorp.

How many Stock Appreciation Rights did Scott P. Davis receive from SYBT?

He received a grant of 1,000 Stock Appreciation Rights. Each right is tied to one share of Common Stock, giving him the potential economic equivalent of 1,000 shares if exercised in the future, subject to the grant’s terms and vesting schedule.

What is the exercise price and term of the Stock Appreciation Rights granted by SYBT?

The Stock Appreciation Rights have an exercise price of $70.21 per underlying share. They become exercisable on May 19, 2027, and expire on May 19, 2036, giving a long-dated window during which Davis may realize value if the stock price exceeds the exercise level.

Did Scott P. Davis buy or sell SYBT Common Stock in the reported Form 4?

The Form 4 does not show any open-market purchases or sales of Common Stock. It records a compensation-related grant of Stock Appreciation Rights and lists his direct Common Stock holdings, rather than reporting a buy or sell transaction in the market.

How many SYBT Common Stock shares does Scott P. Davis hold after these transactions?

After the reported transactions, Davis directly holds 13,970 shares of SYBT Common Stock. This figure reflects his post-transaction ownership as shown in the Form 4 and provides context for the scale of his existing equity position in the company.

When do the newly granted SYBT Stock Appreciation Rights become exercisable?

The Stock Appreciation Rights become exercisable on May 19, 2027. From that date until their expiration on May 19, 2036, Davis may exercise them if conditions are met and the share price makes the rights economically valuable compared with their $70.21 exercise price.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 05/20/2026 - 11:51 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^*

Davis Scott P.

(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)
05/19/2026

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								13,970	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	$70.21	05/19/2026		A		1,000		05/19/2027	05/19/2036	Common Stock	1,000	$0	1,000	D

Explanation of Responses:

	/s/ Vycki Seigle, by Power of Attorney	05/20/2026
	** 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)