SYBT insider now holds 82,940 direct shares; 1,000 SARs outstanding

Rhea-AI Filing Summary

Stock Yards Bancorp (SYBT) reported an insider Form 4 showing a director acquired 94 shares of common stock on 10/24/2025 at $67.91 through the Trust Director Deferred Comp Plan. Following the transactions, the insider beneficially owns 82,940 shares directly and 8,451 shares indirectly via the plan. The insider also holds a stock appreciation right for 1,000 underlying shares with a $38.85 exercise price, expiring 08/28/2028. The filing notes that holdings include shares acquired through automatic dividend reinvestment.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Schutte John

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	94	$67.91	$6K
holding	Stock Appreciation Right	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 8,451 shares (Indirect, Trust Director Deferred Comp Plan); Stock Appreciation Right — 1,000 shares (Direct); Common Stock — 82,940 shares (Direct)

Footnotes (1)

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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^*

Schutte John

(Last) (First) (Middle)

PO BOX 32890

(Street)

LOUISVILLE KY 40232-2890

(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)
10/24/2025

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								82,940	D
Common Stock	10/24/2025		A		94	A	$67.91	8,451(1)	I	Trust Director Deferred Comp Plan

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	$38.85							08/28/2019	08/28/2028	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	10/28/2025
	** 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 did SYBT disclose in this Form 4?

An insider acquired 94 shares on 10/24/2025 at $67.91 via the Trust Director Deferred Comp Plan.

How many SYBT shares does the insider now own?

Post-transaction holdings are 82,940 shares direct and 8,451 shares indirect via the plan.

Were any derivative securities reported for SYBT?

Yes, a stock appreciation right for 1,000 shares at $38.85, expiring 08/28/2028.

What was the price paid for the acquired SYBT shares?

The reported price was $67.91 per share.

Does the filing mention dividend reinvestment for SYBT?

Yes. It states holdings include shares acquired through automatic dividend reinvestment.

What is the relationship of the reporting person to SYBT?

The reporting person is a Director of Stock Yards Bancorp, Inc.