Stock Yards Bancorp director granted share award

Stock Yards Bancorp, Inc. director Paul J. Bickel III reported an acquisition of 4 shares of common stock on April 23, 2026, recorded as a grant or award at $70.44 per share into a Trust Directors' Deferred Compensation Plan, held indirectly.

Rhea-AI Filing Summary

Stock Yards Bancorp, Inc. director Paul J. Bickel III reported an acquisition of 4 shares of common stock on April 23, 2026, recorded as a grant or award at $70.44 per share into a Trust Directors' Deferred Compensation Plan, held indirectly.

After this grant, that deferred compensation plan holds 17,319 shares of common stock. Bickel is also shown with 10,500 shares held directly, plus 9,175 shares in an irrevocable trust and 580 shares in a GST exempt trust. He additionally holds a stock appreciation right tied to 1,000 underlying shares at an exercise price of $38.30 expiring on January 16, 2028.

Insider Trade Summary

Grant/Award: 4 shares

Grant/Award 5 txns

Insider Bickel Paul J III

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	4	$70.44	$281.76
holding	Stock Appreciation Right	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 17,319 shares (Indirect, Trust Directors' Deferred Comp Plan); Stock Appreciation Right — 1,000 contracts (Direct); Common Stock — 9,175 shares (Indirect, Held in Irrevocable Trust); Common Stock — 10,500 shares (Direct); Common Stock — 580 shares (Indirect, Held in GST Exempt Trust)

Footnotes (2)

1. F1. Includes movement of vested restricted stock units deferred.
2. F2. Includes shares acquired through automatic dividend reinvestment.

Key Figures

Grant size: 4 shares Grant price: $70.44 per share Deferred plan holdings: 17,319 shares +5 more

8 metrics

Grant size 4 shares Common stock grant on April 23, 2026

Grant price $70.44 per share Price for 4-share common stock grant

Deferred plan holdings 17,319 shares Trust Directors' Deferred Comp Plan after grant

Direct holdings 10,500 shares Common stock held directly following reported transactions

Irrevocable trust holdings 9,175 shares Common stock held in irrevocable trust

GST exempt trust holdings 580 shares Common stock held in GST exempt trust

Stock appreciation right 1,000 underlying shares SAR on common stock expiring January 16, 2028

SAR exercise price $38.30 Exercise price for stock appreciation right

Key Terms

Stock Appreciation Right, Trust Directors' Deferred Comp Plan, restricted stock units, automatic dividend reinvestment, +2 more

6 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.

Trust Directors' Deferred Comp Plan financial

"nature_of_ownership": "Trust Directors' Deferred Comp Plan""

restricted stock units financial

"Includes movement of vested restricted stock units deferred."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

automatic dividend reinvestment financial

"Includes shares acquired through automatic dividend reinvestment."

GST Exempt Trust financial

"nature_of_ownership": "Held in GST Exempt Trust""

Irrevocable Trust financial

"nature_of_ownership": "Held in Irrevocable Trust""

An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.

FAQ

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

What did Paul J. Bickel III report in this SYBT Form 4 filing?

He reported receiving a grant of 4 shares of Stock Yards Bancorp common stock at $70.44 per share. The shares were credited to a Trust Directors' Deferred Compensation Plan and are held indirectly rather than as an open-market purchase or sale.

How many Stock Yards Bancorp (SYBT) shares are in the director’s deferred plan?

Following the reported grant, the Trust Directors' Deferred Compensation Plan holds 17,319 shares of Stock Yards Bancorp common stock. This reflects previously deferred director compensation, including movements of vested restricted stock units and shares from automatic dividend reinvestment.

What other Stock Yards Bancorp (SYBT) holdings does Paul J. Bickel III report?

He reports 10,500 shares of common stock held directly. Indirectly, he reports 9,175 shares held in an irrevocable trust and 580 shares in a GST exempt trust, in addition to the 17,319 shares in the Trust Directors' Deferred Compensation Plan.

What derivative position related to SYBT does Paul J. Bickel III hold?

He holds a stock appreciation right linked to 1,000 underlying shares of Stock Yards Bancorp common stock. The right has an exercise price of $38.30 per share and an expiration date of January 16, 2028, and is reported as a direct holding.

Was the SYBT Form 4 transaction a market buy or sell of shares?

No, the reported Form 4 transaction is coded as a grant, award, or other acquisition of 4 shares. It reflects compensation-related stock credited to a directors' deferred compensation plan, not an open-market purchase or sale of Stock Yards Bancorp shares.

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

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Accepted by SEC EDGAR 04/27/2026 - 04:46 PM 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^*

Bickel Paul J III

(Last) (First) (Middle)

PO BOX 32890

(Street)

LOUISVILLE KENTUCKY 40232

(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)
04/23/2026

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	04/23/2026		A		4	A	$70.44	17,319(1)(2)	I	Trust Directors' Deferred Comp Plan
Common Stock								9,175	I	Held in Irrevocable Trust
Common Stock								10,500(1)	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:

1. Includes movement of vested restricted stock units deferred.

2. Includes shares acquired through automatic dividend reinvestment.

	/s/ Vycki Seigle, by Power of Attorney	04/27/2026
	** 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)