Otten William J. 4
4 · Stock Yards Bancorp, Inc. · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
Stock Yards Bancorp (SYBT) EVP William J. Otten Receives Stock Award
What Happened
William J. Otten, Executive Vice President of Stock Yards Bancorp, was granted a total of 4,332 derivative shares on April 1, 2026. The Form 4 lists two award entries: 1,832 shares and 2,500 shares, each recorded at $0.00 per share (total reported value $0). These are grants/awards (transaction code "A") and not open-market purchases or sales.
Key Details
- Transaction date: 2026-04-01; Form 4 filed: 2026-04-03 (appears timely).
- Awards: 1,832 shares and 2,500 shares — total 4,332 shares; price per share reported $0.00; total cash exchanged $0.
- Transaction type: "A" = Grant/Award; recorded as derivative securities on the Form 4.
- Shares owned after the transaction: not specified in the provided details of this summary/Form 4 excerpt.
- Footnotes/tax withholding: none shown in the provided transaction lines. No 10b5-1 plan or late-filing flag indicated in the supplied data.
Context
Grants recorded as derivative awards typically represent restricted stock units, performance awards, or similar instruments that may vest over time or upon meeting performance conditions; the Form 4 here does not detail vesting or terms. Because no cash changed hands and this is not an open-market trade, it’s a compensation or retention action rather than a direct market sentiment (buy/sell) signal. Retail investors should check the full Form 4 and the company’s proxy/compensation disclosures for vesting schedules and the award’s potential impact on insider ownership.
Insider Transaction Report
- Award
Stock Appreciation Right
2026-04-01+1,832→ 1,832 totalExercise: $66.53From: 2027-04-01Exp: 2036-04-01→ Common Stock (1,832 underlying) - Award
Stock Appreciation Right
2026-04-01+2,500→ 2,500 totalExercise: $66.53From: 2027-04-01Exp: 2036-04-01→ Common Stock (2,500 underlying)
- 2,148
Common Stock
- 882(indirect: KSOP-William J. Otten)
Common Stock