Company: SYBT
Filing Date: 2025-03-12
Form Type: DEF 14A
Source: 0001437749-25-007118
Chunk: 75

Company: Stock Yards Bancorp, Inc.
Filing Date: 2025-03-12
Form: DEF 14A
Chunk 75
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 | -#                  |       |     | -$             |         |
| Hillebrand |     |                      | 26,747 |     |                | 1,037,773 |     |                     | 3,295 |     |                | 235,955 |
| Poindexter |     |                      | 17,567 |     |                |   794,672 |     |                     | 1,726 |     |                | 123,599 |
| Stinnett   |     |                      |  5,481 |     |                |   216,774 |     |                     | 1,300 |     |                |  93,093 |
| Rehm       |     |                      | 10,000 |     |                |   361,500 |     |                     | 1,088 |     |                |  77,912 |
| Budnick    |     |                      |      - |     |                |         - |     |                     |   600 |     |                |  28,090 |

<div align='center'>54</div>

Contributory Nonqualified Deferred Compensation Plan

The Executive Nonqualified Deferred Compensation Plan (the “NQ Plan”) allows the executive to defer taxable income of up to 10% of base salary and 50% of annual incentive compensation. In addition, based on those deferrals, executives are credited with any match or basic ESOP contribution that they do not receive under the Bank’s KSOP applicable to employees generally, because of plan and Internal Revenue Code limits on pay that can be taken into account in calculating the qualified plan benefits. This Bank credit to the Executive’s Plan accounts is vested in accordance with the same vesting schedule as applies in the KSOP, but all executives in the Summary Compensation Table have sufficient tenure with the Bank to be 100% vested in all contributions to the NQ Plan.

As amounts are credited to the NQ Plan, the value of the plan will increase or decrease based on the actual investment performance of certain investment funds selected by the Company, from which the executives can designate (and re-designate as often as they wish) how their account balances should be allocated.

The executives have elected between a lump sum distribution or annual installments over no more than 10 years from the NQ Plan, but that election applies only if they leave the Bank's employ due to death or after age 55. If the executive's termination of employment occurs other than on account