other material
confidence high
sentiment neutral
materiality 0.50
Stock Yards Bancorp awards 51,929 PSUs to CEO and 6 executives; vesting based on 3-year EPS and ROAA
Stock Yards Bancorp, Inc.
- 51,929 PSUs granted to CEO and six other executives under 2015 Omnibus Equity Plan.
- PSUs vest over 3-year performance period (2022-2024) based on cumulative EPS and ROAA percentile ranking.
- Maximum vesting at 90th+ percentile ROAA and target EPS; threshold at 80th percentile and lower EPS.
- Change of control triggers vesting at target; clawback and 1-year post-vesting holding period apply.
- No dividend equivalents during period; shares issued only after vesting certification.