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Stock Yards Bancorp, Inc. (SYBT) reported an initial Form 3 for a reporting person who is a Director. The filing states that no securities are beneficially owned by the reporting person.
The Form 3 reflects a Date of Event of 10/21/2025 and indicates the submission was made by one reporting person. The signature was provided by an attorney-in-fact on 10/22/2025.
Michael W. Woods, Sr. Vice President of Stock Yards Bancorp, Inc. (SYBT), reported a purchase of 100 shares of the company's common stock on 09/29/2025 at a price of $69.9489 per share. After the transaction he beneficially owned 1,100 shares directly. The Form 4 was executed by a power of attorney on 09/30/2025.
Amendment No. 1 to a Schedule 13D for Stock Yards Bancorp, Inc. (SYBT) updates ownership after open-market sales. On September 18, 2025, reporting person Darrell R. Wells sold 18,000 shares, reducing beneficial ownership held by the reporting parties to below 5%. As of that date Darrell R. Wells beneficially owns 1,253,975 shares (4.25%), Margaret Cowley Wells beneficially owns 176,598 shares (0.60%), and the Darrell R. Wells Trust owns 31,905 shares (0.11%). Collectively the parties may be deemed to beneficially own 1,462,478 shares (approximately 4.96%). The filing states the Reporting Persons' rights under the previously disclosed Investor Agreement and Registration Rights Agreement have terminated as a result of the ownership reduction.
Stock Yards Bancorp insider Paul J. Bickel III reported transactions on 09/18/2025. The filing shows an acquisition of 63 shares of common stock at $76.54 per share and a disposition of 11,267 shares. Following the transactions, the filing reports 14,909 shares beneficially owned in a trust and other indirect holdings (including 9,175 in an irrevocable trust and 580 in a GST exempt trust). A stock appreciation right for 1,000 shares remains outstanding and exercisable through 01/16/2028.
Stephen M. Priebe, a director of Stock Yards Bancorp, Inc. (SYBT), reported a purchase of 127 shares of common stock on 09/18/2025 at a reported price of $76.54 per share. The filing shows 32,336 shares beneficially owned following the reported transaction, held indirectly through a "Trust-Directors' Deferred Comp Plan." The form also records a reported disposition of 4,885 common shares in the filing.
Edwin S. Saunier, a director of Stock Yards Bancorp, Inc. (SYBT), reported both a disposal and an acquisition of company stock on this Form 4. He disposed of 6,156 shares and acquired 41 shares on 09/18/2025 at a price of $76.54 per share. Following the transactions he beneficially owns 4,675 shares indirectly through a trust related to the Director Deferred Compensation Plan. The filing also reports 1,000 stock appreciation rights exercisable and outstanding that cover 1,000 underlying shares and expire 07/20/2031.
Insider transaction summary for Stock Yards Bancorp (SYBT). Director John Schutte reported a sale of 82,940 shares of common stock and a purchase of 63 shares at $76.54 on 09/18/2025. After these transactions he beneficially owned 8,319 shares indirectly through a trust or deferred compensation plan. He also holds a direct stock appreciation right exercisable into 1,000 shares that expires on 08/28/2028. The Form 4 was signed by a power of attorney on 09/22/2025.
Michael W. Woods, Senior Vice President of Stock Yards Bancorp, Inc. (SYBT), acquired 1,000 shares of the issuer's common stock on 09/03/2025 as a Restricted Stock Award that vests over five years. The Form 4 reports the transaction as an acquisition, leaving Mr. Woods with 1,000 shares beneficially owned following the grant. The filing was executed via power of attorney and dated 09/04/2025. No derivative transactions or additional cash prices are reported in this Form 4.
Michael W. Woods filed an Initial Statement of Beneficial Ownership (Form 3) reporting his relationship to Stock Yards Bancorp, Inc. (SYBT) as a Senior Vice President and officer/director. The filing, dated 09/02/2025 with signature on 09/03/2025, states no securities are beneficially owned by the reporting person.
Stock Yards Bancorp appointed Michael W. Woods as Senior Vice President and Principal Accounting Officer, effective immediately. Mr. Woods is a Certified Public Accountant with over 25 years of financial reporting and internal control experience and previously served as SVP and Corporate Controller and Principal Accounting Officer at Old National Bancorp. He will oversee general accounting, SEC and regulatory reporting, the Bank's treasury function, and budgeting. His compensation package includes a $240,000 base salary, an annual cash incentive bonus opportunity up to 30% of base salary, stock awards up to 20% of base salary, an initial grant of 1,000 restricted shares vesting over five years, and a double-trigger change-in-control severance of one times base salary plus historic bonus. The prior Principal Accounting Officer, T. Clay Stinnett, will step down from that specific role but remain Executive Vice President and Chief Financial Officer.