secwatch.observer — SEC 8-K summary
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Issuer:     Stock Yards Bancorp, Inc. (SYBT)
CIK:        0000835324
Form:       8-K
Filed at:   2022-03-01T23:59:59+00:00
Accession:  0001437749-22-004882
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stock Yards Bancorp awards 51,929 PSUs to CEO and 6 executives; vesting based on 3-year EPS and ROAA
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/835324/000143774922004882/0001437749-22-004882-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/835324/000143774922004882/sybt20220301_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-004882

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer