Budnick Shannon 4

What Happened

Shannon Budnick, Executive Vice President of Stock Yards Bancorp, received an award/other acquisition of 2,552 shares on Feb 19, 2026. The Form 4 reports the acquisition as a derivative award (transaction code A) with a $0.00 per-share price (i.e., no cash paid in the filing).

Key Details

• Transaction date: 2026-02-19; Form 4 filed 2026-02-23 (timely within the two-business-day reporting window).
• Transaction type/code: A — Grant, award or other acquisition (derivative).
• Shares reported acquired: 2,552 shares at $0.00 (filing lists acquisition price as $0).
• Shares owned after transaction: Not specified in the filing.
• Footnote: F1 — "Includes employer contribution with automatic dividend reinvestment."
• Filing timeliness: Report appears timely (filed within required reporting window).

Context

This was an award/derivative acquisition (not an open-market purchase or sale). Such awards often reflect compensation, employer contributions or plan activity rather than a directional buy/sell signal by the insider. The footnote indicates the award includes employer contributions and automatic dividend reinvestment, which suggests plan-based allocation rather than an active market trade.