Schutte John 4
Research Summary
AI-generated summary
Stock Yards Bancorp (SYBT) Director John Schutte Receives 74-Share Award
What Happened John Schutte, a director of Stock Yards Bancorp, Inc. (SYBT), received an award/acquisition of 74 shares on March 23, 2026. The reported transaction price was $64.46 per share, for a total value of approximately $4,770. This filing reports an award/other acquisition (transaction code A), which is commonly a form of compensation or equity grant rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-23; filing date: 2026-03-24 (timely filing).
- Transaction type/code: Award/other acquisition (A).
- Shares received: 74; price per share: $64.46; total value ≈ $4,770.
- Shares owned after transaction: Not specified in the provided filing.
- Notable footnotes: None disclosed in the provided details (no 10b5-1 plan, tax withholding, or cashless-sale notes provided).
Context An "A" code award typically reflects compensation-related equity (e.g., restricted stock or a grant) and does not on its own indicate a buy/sell market sentiment. The award value here is modest relative to many insider transactions, and the filing appears timely. Retail investors often view director awards as routine compensation; purchases (direct market buys) generally carry more weight when interpreting insider confidence.