Company: SYBT
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001437749-25-033206
Chunk: 126

Company: Stock Yards Bancorp, Inc.
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 8
Chunk 126
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 Exchange Act is accumulated and communicated to the Company’s management, including its principal executive officer and principal financial officer, or persons performing similar functions, as appropriate, to allow timely decisions regarding required disclosure. Based on that evaluation, Bancorp’s Chief Executive Officer and Chief Financial Officer concluded that as of September 30, 2025, Bancorp’s disclosure controls and procedures were effective.

PART II – OTHER INFORMATION

Item 1.   Legal Proceedings.

Bancorp and the Bank are defendants in various legal proceedings that arise in the ordinary course of business. There is no such proceeding pending or, to the knowledge of management, threatened in which an adverse decision could result in a material adverse change in the business or consolidated financial position of Bancorp or the Bank.

Item 2.   Unregistered Sales of Equity Securities and Use of Proceeds.

The following table shows information relating to the repurchase of shares of common stock by Bancorp during the three months ended September 30, 2025.

			Total number 

			of shares 

			purchased(1)

			Average price

			paid per 

			share

			Total number of shares

			purchased as part of

			publicly announced

			plans or programs

			Average

			price paid

			per share

			Maximum number of 

			shares that may yet be

			purchased under the

			plans or programs

			July 1 - July 31

			—

			$
			—

			—

			$
			—

			August 1- August 31

			2,448

			78.19

			—

			—

			September 1 - September 30

			1,738

			63.92

			—

			—

			Total

			4,186

			$
			72.27

			—

			$
			—

			1,000,000

			(1)

			Shares repurchased during the three month period ended September 30, 2025 represent shares withheld to pay taxes due.

In July 2025, Bancorp’s Board of Directors adopted a share repurchase program authorizing the repurchase of up to 1 million shares, or approximately 4%, of Bancorp’s total common shares outstanding. This share repurchase program replaces the program that expired in May and will expires in two years unless