Company: SYBT
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001437749-25-033206
Chunk: 47

Company: Stock Yards Bancorp, Inc.
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 8
Chunk 47
---
			167

			$
			994

			$
			295

			$
			812

			$
			2,268

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

			$
			113

			$
			486

			$
			122

			$
			302

			$
			1,023

			2026

			406

			1,683

			1

			1,209

			3,299

			2027

			336

			1,385

			—

			1,209

			2,930

			2028

			246

			992

			—

			—

			1,238

			2029

			131

			619

			—

			—

			750

			2030

			13

			69

			—

			—

			82

			Total estimated future expense

			$
			1,245

			$
			5,234

			$
			123

			$
			2,720

			$
			9,322

47

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