# EDGAR Filing Document

**Accession Number:** 0001314458
**File Stem:** 0001437749-23-003534
**Filing Date:** 2023-2
**Character Count:** 7143
**Document Hash:** 838709a4234ec7b60a0c3783b785d4a4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001437749-23-003534.hdr.sgml**: 20230215

**ACCESSION NUMBER**: 0001437749-23-003534

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230213

**FILED AS OF DATE**: 20230215

**DATE AS OF CHANGE**: 20230215

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Hillebrand James A
- **CENTRAL INDEX KEY:** 0001314458

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-13661
- **FILM NUMBER:** 23636057

**MAIL ADDRESS:**
- **STREET 1:** 13308 LONGWOOD LANE
- **CITY:** GOSHEN
- **STATE:** KY
- **ZIP:** 40026
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Stock Yards Bancorp, Inc.
- **CENTRAL INDEX KEY:** 0000835324
- **STANDARD INDUSTRIAL CLASSIFICATION:** STATE COMMERCIAL BANKS [6022]
- **IRS NUMBER:** 611137529
- **STATE OF INCORPORATION:** KY
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 1040 E MAIN ST
- **CITY:** LOUISVILLE
- **STATE:** KY
- **ZIP:** 40206
- **BUSINESS PHONE:** 5025822571

**MAIL ADDRESS:**
- **STREET 1:** 1040 EAST MAIN STREET
- **CITY:** LOUISVILLE
- **STATE:** KY
- **ZIP:** 40206

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** S Y BANCORP INC
- **DATE OF NAME CHANGE:** 19920703

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Hillebrand James A<br><sub>(Last) (First) (Middle)</sub><br>PO BOX 32890<br><sub>(Street)</sub><br>LOUISVILLE, KY 40232<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-02-13 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_Chairman & CEO_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Stock Yards Bancorp, Inc. [ SYBT ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock |  |  |  |  |  |  |  | 484<sup>(1)</sup> | I | Trust-Directors' Deferred Comp Plan |
| Common Stock |  |  |  |  |  |  |  | 24001<sup>(2)</sup> | I | KSOP-fbo James Hillebrand |
| Common Stock |  |  |  |  |  |  |  | 86944 | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Stock Appreciation Right | $35.9000 |  |  |  |  |  |  | 2019-02-20 | 2028-02-20 | Common Stock | 7423 |  | 7423 | D |  |
| Stock Appreciation Right | $19.3700 |  |  |  |  |  |  | 2015-02-18 | 2024-02-18 | Common Stock | 16425 |  | 16425 | D |  |
| Stock Appreciation Right | $22.9600 |  |  |  |  |  |  | 2016-03-17 | 2025-03-17 | Common Stock | 12319 |  | 12319 | D |  |
| Stock Appreciation Right | $40 |  |  |  |  |  |  | 2018-03-21 | 2027-03-21 | Common Stock | 7571 |  | 7571 | D |  |
| Stock Appreciation Right | $25.7600 |  |  |  |  |  |  | 2017-03-15 | 2026-03-15 | Common Stock | 14428 |  | 14428 | D |  |
| Stock Appreciation Right | $39.3200 |  |  |  |  |  |  | 2019-10-01 | 2028-10-01 | Common Stock | 25000 |  | 25000 | D |  |
| Stock Appreciation Right | $36.6500 |  |  |  |  |  |  | 2020-02-19 | 2029-02-19 | Common Stock | 12254 |  | 12254 | D |  |
| Stock Appreciation Right | $37.3000 |  |  |  |  |  |  | 2021-02-25 | 2030-02-25 | Common Stock | 14482 |  | 14482 | D |  |
| Stock Appreciation Right | $50.7100 |  |  |  |  |  |  | 2022-02-25 | 2031-02-25 | Common Stock | 8615 |  | 8615 | D |  |
| Stock Appreciation Right | $54.9100 |  |  |  |  |  |  | 2023-02-14 | 2032-02-14 | Common Stock | 10142 |  | 10142 | D |  |
| Stock Appreciation Right | $60.76 | 2023-02-13 |  | A |  | 9855 |  | 2024-02-13 | 2033-02-13 | Common Stock | 9855 | $0 | 9855 | D |  |

---

### Footnotes:

(1) Includes shares acquired through automatic dividend reinvestment.

(2) Includes employer contribution with automatic dividend reinvestment

**Signature:** /s/ Donna Cleek, by power of attorney  
**Date:** 2023-02-15

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**