Laura L. Wells elected to Stock Yards Bancorp board effective May 17

Stock Yards Bancorp, Inc.

Initial mutually acceptable director designated by former Commonwealth Bancshares shareholders under Investor Agreement.
Will serve on Risk Committee of Company and Trust Committee of Bank boards.
Granted stock appreciation right for 1,000 shares at $53.29 strike, vesting 20% annually over five years.
Previously a Commonwealth director; current freelance reporter covering Near and Middle East.
Bank assumed lease from entity majority-owned by her father; aggregate payments $1.72M through April 2025.

item 5.02 item 9.01

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Appointed

Laura L. Wells

Director

SYBT · Stock Yards Bancorp, Inc.

Effective: 2022-05-17
Filed: May 20, 2022, 7:59 PM ET

The Company’s board of directors has formally elected Ms. Wells to the boards of directors of the Company and its wholly-owned banking subsidiary, Stock Yards Bank & Trust Company (the “Bank”), effective May 17, 2022.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Laura L. Wells was elected as Director at Stock Yards Bancorp, Inc..

Action: elected
Role: Director

Exact text from the filing

The Company’s board of directors has formally elected Ms. Wells to the boards of directors of the Company and its wholly-owned banking subsidiary, Stock Yards Bank & Trust Company (the “Bank”), effective May 17, 2022.

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Stock Yards Bancorp, Inc. filing history →

Source: SEC EDGAR

accession 0001437749-22-013154

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