Schutte John 4
Research Summary
AI-generated summary
Stock Yards Bancorp (SYBT) Director John Schutte Receives 60-Share Award
What Happened
John Schutte, a director of Stock Yards Bancorp, received an award/acquisition of 60 shares on February 25, 2026. The reported acquisition price was $66.78 per share, for a total value of approximately $4,007. This transaction is coded as an award/grant (A), which is typically compensation-related rather than an open-market purchase.
Key Details
- Transaction date: 2026-02-25; Form 4 filed: 2026-02-26 (filed the next day).
- Price: $66.78 per share; Total value: ~$4,007.
- Transaction type: Award/Grant (code A).
- Shares owned after the transaction: not specified in the provided filing details.
- No 10b5-1 plan, tax withholding, or cashless sale information noted in the excerpt provided.
- Filing timeliness: filed next day (no late filing indicated in the provided information).
Context
Director awards are commonly part of compensation or equity-retention programs and may be subject to vesting or transfer restrictions, so they do not necessarily signal immediate bullish buying. The size of this grant (~$4k) is modest; retail investors should view it as routine director compensation unless accompanied by larger or repeated purchases.