Director Edwin Saunier (NASDAQ: SYBT) reports 43-share stock grant and SAR position
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stock Yards Bancorp director Edwin S. Saunier reported an equity award rather than a market trade. He received 43 shares of Common Stock at $72.32 per share into a trust under the Director Deferred Comp Plan, bringing indirect holdings to 5,993 shares and direct holdings to 6,217 shares. He also holds a Stock Appreciation Right over 1,000 underlying shares at an exercise price of $47.17 expiring on July 20, 2031.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Saunier Edwin S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 43 | $72.32 | $3K |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 5,993 shares (Indirect, Trust - Director Deferred Comp Plan);
Stock Appreciation Right — 1,000 shares (Direct, null);
Common Stock — 6,217 shares (Direct, null)
Footnotes (1)
Key Figures
Common Stock award: 43 shares at $72.32
Indirect holdings after award: 5,993 shares
Direct Common Stock holdings: 6,217 shares
+2 more
5 metrics
Common Stock award
43 shares at $72.32
Grant to Director Deferred Comp Plan trust on June 17, 2026
Indirect holdings after award
5,993 shares
Common Stock held through Director Deferred Comp Plan trust
Direct Common Stock holdings
6,217 shares
Directly held Common Stock position reported as of June 17, 2026
Stock Appreciation Right exercise price
$47.17 per share
SAR over 1,000 underlying Common Stock shares expiring July 20, 2031
Underlying SAR shares
1,000 shares
Common Stock underlying the Stock Appreciation Right position
Key Terms
Stock Appreciation Right, Director Deferred Comp Plan, indirect, exercise price
4 terms
Stock Appreciation Right financial
"The filing lists a Stock Appreciation Right tied to 1,000 underlying shares of Common Stock."
A stock appreciation right (SAR) is a form of employee pay that gives the holder the right to receive the increase in a company's share price over a set reference price, paid in cash or shares, without having to buy stock first. It matters to investors because SARs can create future cash outflows or dilute existing shareholders if settled in stock, and they align employee incentives with share-price performance like a bonus tied to a home's price rise.
Director Deferred Comp Plan financial
"The 43-share Common Stock award is held indirectly in a trust described as a Director Deferred Comp Plan."
indirect financial
"He received 43 shares of Common Stock at $72.32 per share into a trust, bringing indirect holdings to 5,993 shares."
exercise price financial
"A Stock Appreciation Right over 1,000 underlying shares at an exercise price of $47.17 expiring on July 20, 2031."
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
What did SYBT director Edwin S. Saunier report in this Form 4?
Edwin S. Saunier reported an equity award of 43 shares of Common Stock credited to a trust under the Director Deferred Comp Plan. This is a compensation-related acquisition, not an open-market purchase or sale of Stock Yards Bancorp shares.
What derivative position is disclosed for Edwin S. Saunier in SYBT?
The filing lists a Stock Appreciation Right tied to 1,000 underlying shares of Common Stock with an exercise price of $47.17. This derivative position is scheduled to expire on July 20, 2031, indicating ongoing potential equity exposure.