Stock Yards Bank & Trust Co reported beneficial ownership of 1,523,975 shares of Stock Yards Bancorp, Inc. common stock as of the event date of 12/31/2025. This stake is described as being held in various fiduciary capacities, including as agent, personal representative, custodian and trustee for underlying clients or accounts.
The bank has sole voting power over 1,523,975 shares, sole dispositive power over 1,197,260 shares, and shared dispositive power over 139,867 shares. The filing notes that other persons have the right to receive or direct dividends and sale proceeds for certain of these securities. The certifying officer states that the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Stock Yards Bancorp.
Positive
None.
Negative
None.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Stock Yards Bancorp, Inc.
(Name of Issuer)
Common Stock, no par value
(Title of Class of Securities)
861025104
(CUSIP Number)
12/31/2025
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP No.
861025104
1
Names of Reporting Persons
STOCK YARDS BANK & TRUST CO
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
KENTUCKY
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
1,523,975.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
1,197,260.00
8
Shared Dispositive Power
139,867.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,523,975.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.2 %
12
Type of Reporting Person (See Instructions)
BK
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Stock Yards Bancorp, Inc.
(b)
Address of issuer's principal executive offices:
1040 E MAIN ST, LOUISVILLE, KENTUCKY, 40206.
Item 2.
(a)
Name of person filing:
Stock Yards Bank & Trust Co
(b)
Address or principal business office or, if none, residence:
1040 E Main St, Louisville, KY 40206
(c)
Citizenship:
A Kentucky Corporation
(d)
Title of class of securities:
Common Stock, no par value
(e)
CUSIP No.:
861025104
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The Bank, in its various fiduciary capacities as agent, personal representative, custodian and trustee, is the beneficial owner (as that term is defined in Rule 13d-3) of 1,523,975 shares of the Common Stock, no par value, of Stock Yards Bancorp, Inc., the Bank's parent company.
(b)
Percent of class:
0.00 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
1,523,975
(ii) Shared power to vote or to direct the vote:
0.00
(iii) Sole power to dispose or to direct the disposition of:
1,197,260
(iv) Shared power to dispose or to direct the disposition of:
139,867
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Other persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, certain of the securities held by the Stock Yards Bank & Trust Company in its various fiduciary capacities.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
How many SYBT shares does Stock Yards Bank & Trust Co report owning?
The bank reports being the beneficial owner of 1,523,975 shares of Stock Yards Bancorp, Inc. common stock in its various fiduciary capacities.
What level of control does Stock Yards Bank & Trust Co have over SYBT shares?
The bank has sole voting power over 1,523,975 shares, sole dispositive power over 1,197,260 shares, and shared dispositive power over 139,867 shares.
Is Stock Yards Bank & Trust Co filing this SYBT Schedule 13G as a passive holder?
Yes. The certification states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Stock Yards Bancorp, Inc.
Why does Stock Yards Bank & Trust Co have beneficial ownership of SYBT shares?
The filing explains that the bank is beneficial owner of the shares because it holds them in various fiduciary capacities as agent, personal representative, custodian, and trustee.
Do others have rights to income or sale proceeds on these SYBT shares?
Yes. The document states that other persons have the right to receive or to direct the receipt of dividends and sale proceeds on certain securities held by the bank in its fiduciary accounts.
What is the relationship between Stock Yards Bank & Trust Co and Stock Yards Bancorp, Inc.?
The filing notes that the common stock belongs to Stock Yards Bancorp, Inc., described as the parent company of Stock Yards Bank & Trust Co.