Rehm Michael 4

What Happened
Michael Rehm, Executive Vice President of Stock Yards Bancorp (SYBT), received an award/acquisition of 2,899 shares on February 19, 2026. The Form 4 lists the acquisition price as $0.00 (derivative), indicating the shares were issued as part of a grant or plan contribution rather than an open-market purchase; no cash value is reported on the filing.

Key Details

• Transaction date: 2026-02-19 (reported on Form 4 filed 2026-02-23) — filing appears timely.
• Transaction type/code: A (Grant, award or other acquisition); treated as a derivative transaction on the form.
• Shares acquired: 2,899; price listed: $0.00; total cash paid shown: $0.
• Shares owned after transaction: not specified in the provided filing details.
• Footnote: F1 — "Includes employer contribution with automatic dividend reinvestment."
• No indication in the filing of a 10b5-1 plan, tax withholding sale, or immediate sale of the shares.

Context
Awards or employer-contributed shares (reported as $0 acquisitions) are typically compensation or plan transactions and are routine for insiders; they do not necessarily signal the insider’s market view. Because this was a grant/award (a derivative acquisition), it may reflect vesting, plan contributions, or conversion of equity units rather than a cash purchase.