Stinnett Thomas C 4
Research Summary
AI-generated summary
Stock Yards Bancorp (SYBT) EVP Thomas Stinnett Receives 4,093 Shares
What Happened
Thomas C. Stinnett, Executive Vice President of Stock Yards Bancorp, received a grant/award of 4,093 shares on February 19, 2026. The filing reports the acquisition as a derivative award at $0.00 per share (no cash paid at grant). This was an award/acquisition (not a market purchase or sale), typically issued as compensation.
Key Details
- Transaction date and price: 2026-02-19; 4,093 shares acquired at $0.00 (derivative grant).
- Shares owned after transaction: Not specified in the Form 4 filing.
- Filing date: Form 4 filed 2026-02-23 (4 days after the transaction date); this is later than the typical two-business-day Form 4 deadline.
- Footnotes in filing:
- F1: Includes shares acquired through automatic dividend reinvestment.
- F2: Includes employer contribution with automatic dividend reinvestment.
- No 10b5-1 plan, tax-withholding, or immediate sale of shares was reported in this filing.
Context
This was a compensation-related derivative award (e.g., restricted stock/unit or similar) rather than an open-market purchase or sale. Such awards usually represent company compensation and do not by themselves indicate a near-term buy or sell decision by the insider. Retail investors should note the grant but consider overall insider patterns and company fundamentals when interpreting significance.