Company: SYBT
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001437749-25-024786
Chunk: 45

Company: Stock Yards Bancorp, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 8
Chunk 45
---
			(20
			)
			 
			25.76
			-
			25.76

			25.76

			1,007

			3.56

			Forfeited

			—

			 —

			—

			—

			—

			Outstanding, June 30, 2025

			345

			$25.76
			
			-
			$75.21

			$
			46.77

			$
			11,115

			$
			10.09

			5.4

			Vested and exercisable

			252

			$25.76
			
			-
			$60.76

			$
			42.20

			$
			9,284

			$
			7.72

			4.3

			Unvested

			93

			47.17
			-
			75.21

			59.21

			1,831

			16.54

			3.6

			Outstanding, June 30, 2025

			345

			$25.76
			
			-
			$75.21

			$
			46.77

			$
			11,115

			$
			10.09

			5.4

			Vested in the current year

			33

			$36.65
			
			-
			$60.76

			$
			49.26

			$
			974

			$
			11.27

(1) – Aggregate intrinsic value for SARs is defined as the amount by which the current market price of the underlying stock exceeds the exercise or grant price. 

The following table summarizes activity for RSAs granted:

			Grant date

			weighted

			(in thousands, except per share data)

			RSAs

			average cost

			Unvested at January 1, 2024

			98

			$
			54.23

			Shares awarded

			46

			52.06

			Restrictions lapsed and shares released

			(33
			)

			49.49

			Shares cancelled

			(9