Laura L. Wells, a director of Stock Yards Bancorp, Inc. ( Nasdaq : SYBT), filed a Form 4 on August 3, 2026, reporting changes in beneficial ownership stemming from transactions dated July 30, 2026.

Key Highlights

  • Sale of common stock: Wells disposed of 6,823 shares of common stock on July 30, 2026, at a price of $86.29 per share.
  • Post-transaction ownership: Following the reported transactions, Wells beneficially owned 9,580 shares of common stock directly.
  • SAR exercise: A Stock Appreciation Right with an exercise price of $53.29 was exercised on June 1, 2026, covering 1,000 shares of common stock, with a derivative security price of $0.
  • No remaining derivative securities: Following the SAR exercise, Wells held 0 derivative securities beneficially.
  • Ownership notes: The filing states the post-transaction share count includes shares acquired through automatic Dividend reinvestment , and also reflects a SAR exercise and cancellation of RSUs due to separation.
  • Filing agent: The form was signed by Vycki Seigle under Power of Attorney on August 3, 2026.

Wells Transaction Details: Sale, SAR Exercise, and Separation-Related RSU Cancellation

According to the filing, Laura L. Wells, identified as a director of Stock Yards Bancorp, Inc. (NASDAQ: SYBT), disposed of 6,823 shares of common stock on July 30, 2026, at $86.29 per share. The transaction code recorded is "S," indicating a sale. Following all reported transactions, the filing discloses that Wells directly held 9,580 shares of common stock.

The filing also reports a derivative securities transaction. A Stock Appreciation Right with a conversion or exercise price of $53.29 was exercised (transaction code "M") on June 1, 2026, covering 1,000 shares of underlying common stock, with an expiration date of May 17, 2032. The price of the derivative security is listed as $0, and following this transaction Wells held 0 derivative securities beneficially.

Two explanatory footnotes accompany the filing. The first states that the post-transaction share count includes shares acquired through automatic dividend reinvestment. The second notes that the figure reflects both a SAR exercise and the cancellation of RSUs due to separation. The form was filed by one reporting person and signed by Vycki Seigle under Power of Attorney.

What Was Disclosed

The filing reported a sale of 6,823 common shares at $86.29 each, an SAR exercise covering 1,000 shares, RSU cancellations related to separation, and a resulting direct ownership of 9,580 shares for director Laura L. Wells. Verified against source; unverifiable items removed.