Company: SYBT
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001437749-25-014698
Chunk: 43

Company: Stock Yards Bancorp, Inc.
Filing Date: 2025-05-06
Form: 10-Q
Item: Part I, Item 8
Chunk 43
---
	55

			$
			332

			$
			98

			$
			260

			$
			745

Detail of unrecognized stock-based compensation expense follows:

			Stock 

			(in thousands)

			Appreciation

			Restricted

			Restricted

			Performance

			Year ended

			Rights

			Stock Awards

			Stock Units

			Stock Units

			Total

			Remainder of 2025

			$
			338

			$
			1,484

			$
			406

			$
			1,153

			$
			3,381

			2026

			406

			1,719

			1

			1,537

			3,663

			2027

			336

			1,405

			—

			600

			2,341

			2028

			246

			996

			—

			—

			1,242

			2029

			131

			613

			—

			—

			744

			2030

			13

			57

			—

			—

			70

			Total estimated future expense

			$
			1,470

			$
			6,274

			$
			407

			$
			3,290

			$
			11,441

45

The following table summarizes SARs activity and related information:

			Weighted

			Weighted

			Weighted

			average

			average

			Aggregate

			average

			remaining

			Exercise

			exercise

			intrinsic

			fair

			contractual

			(in thousands, except per share and life data)

			SARs

			price

			price

			value(1)

			value

			life (in years)

			Outstanding, January 1, 2024

			440

			$19.44
			-
			
			$74.92

			$
			38.11

			$
			6,297

			$
			6.86

			4.7

			Granted

			42