Company: SYBT
Filing Date: 2025-08-25
Form Type: 8-K
Source: 0001437749-25-027667
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Company: Stock Yards Bancorp, Inc.
Filing Date: 2025-08-25
Form: 8-K
Item: Item 5.02
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Item 5.02  Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
 
(b)  On August 19, 2025, the Board of Directors (the “Board”) of Stock Yards Bancorp, Inc. (the “Company”), appointed David L. Hardy, age 60, to fill the vacancy on the Board created by the retirement of David Heintzman.  Mr. Hardy’s appointment is effective upon the commencement of the Board’s next regularly scheduled meeting on October 21, 2025.  Upon the effectiveness of his appointment, Mr. Hardy is expected to serve on the Board’s audit committee.  Effective simultaneously with this appointment, Mr. Hardy will serve as a director of Stock Yards Bank & Trust Company (the “Bank”), the Company’s principal banking subsidiary.  Mr. Hardy is expected to serve on the Bank’s trust committee.
 
Mr. Hardy has been the Managing Director for CBRE’s Kentucky operations since 2005 while also serving as a producer and team leader for the office properties division. CBRE is the global leader in the commercial real estate industry. Mr. Hardy has been advising clients in the Louisville market with a focus on office building owners and tenants since 1988.
 
There are no arrangements or understandings with any person pursuant to which Mr. Hardy has been selected to serve as a director of the Company and the Bank. There have been no transactions directly or indirectly involving Mr. Hardy that would be required to be disclosed pursuant to Item 404(a) of Regulation S-K of the Securities and Exchange Commission.
 
Mr. Hardy will receive cash and stock compensation in the same manner as all of the other non-employee directors of the Board as described in the Company’s most recent proxy statement, filed with the Securities and Exchange Commission on March 12, 2025.