Company: SYBT
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001437749-25-014698
Chunk: 105

Company: Stock Yards Bancorp, Inc.
Filing Date: 2025-05-06
Form: 10-Q
Item: Part I, Item 8
Chunk 105
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	purchased under the 

			plans or programs

			January 1 - January 31

			2,549

			$
			61.98

			—

			$
			—

			February 1 - February 28

			10,386

			74.74

			—

			—

			March 1 - March 31

			6,124

			68.54

			—

			—

			Total

			19,059

			$
			71.04

			—

			$
			—

			741,196

			(1)

			Shares repurchased during the three month period ended March 31, 2025 represent shares withheld to pay taxes due.

In May 2023, Bancorp’s Board of Directors extended its share repurchase program authorizing the repurchase of up to 1 million shares, or approximately 4% of Bancorp’s total common shares outstanding at the time. The plan, which will expire in May 2025 unless otherwise extended or completed at an earlier date, does not obligate Bancorp to repurchase any specific dollar amount or number of shares prior to the plan’s expiration. No shares were repurchased in 2024, nor the first three months of 2025, as Bancorp continues to prioritize capital preservation and liquidity management. As of March 31, 2025, approximately 741,000 shares remain eligible for repurchase under the current repurchase plan.

There were no equity securities of the registrant sold without registration during the quarter covered by this report.

81

			Item 5. 

			Other Information

(c) During the three months ended March 31, 2025, no director or officer (as defined in Rule 16a-1(f) of the Exchange Act) of the Company adopted or terminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408(a) of Regulation S-K.

			Item 6.

			Exhibits.

The following exhibits are filed or furnished as a part of this report:

			Exhibit

			Number

			Description of exhibit

			31.1

			Certification of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act

			31.2