---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-028358"
form_type: "8-K"
ticker: "SYBT"
cik: "0000835324"
company_name: "Stock Yards Bancorp, Inc."
filed_at: "2023-10-17T23:59:59+00:00"
generated_at: "2026-06-09T22:59:25.829906+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# SYBT enters CICS agreements with CFO and CLO; CFO's severance tripled to 3x base+bonus

## Summary
- Rehm (EVP & CLO) gets new CICS: severance = 2x highest monthly base + highest annual bonus plus 2-year health coverage.
- Stinnett (CFO) amendment: severance increased from 2x to 3x base+bonus; health coverage from 2 to 3 years; adds 18-month non-compete and extends non-solicit to 18 months.
- Both agreements include 280G tax gross-up provision allowing greater of full amount less excise tax or just below threshold.
- Agreements not made in response to any known or anticipated change in control; effective Oct. 16-17, 2023.

## SEC filing metadata
- accession: 0001437749-23-028358
- form_type: 8-K
- ticker: SYBT
- cik: 0000835324
- company_name: Stock Yards Bancorp, Inc.
- filed_at: 2023-10-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/835324/000143774923028358/0001437749-23-028358-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/835324/000143774923028358/sybt20231017_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-028358
- JSON: https://secwatch.observer/filing/0001437749-23-028358.json
- Plain text: https://secwatch.observer/filing/0001437749-23-028358.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.