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    Stock Yards Bancorp Inc. filed SEC Form 8-K: Changes in Registrant's Certifying Accountant

    7/9/25 8:17:41 AM ET
    $SYBT
    Major Banks
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    Get the next $SYBT alert in real time by email
    sybt20250708_8k.htm
    false 0000835324 0000835324 2025-07-08 2025-07-08
     
    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549
     
    FORM 8-K
     
    CURRENT REPORT
     
    PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
     
    Date of Report (Date of earliest event reported): July 8, 2025
     
    STOCK YARDS BANCORP, INC.
    (Exact name of registrant as specified in its charter)
     
     
    Kentucky 001-13661 61-1137529
    (State or other jurisdiction of
    incorporation or organization)
    (Commission File Number)
    (I.R.S. Employer
    Identification No.)
     
    1040 East Main Street, Louisville, Kentucky, 40206
    (Address of principal executive offices)
     
    (502) 582-2571
    (Registrant's telephone number, including area code)
     
    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
     
    ☐
    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
     
    ☐
    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
     
    ☐
    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
     
    ☐
    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
     
    Securities registered pursuant to Section 12(b) of the Act:
     
    Title of each class
    Trading Symbol(s)
    Name of each exchange on which registered
    Common stock, no par value
    SYBT
    The NASDAQ Stock Market, LLC
     
    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).          
    Emerging growth company ☐
     
    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
     
     

     
     
    Item 4.01. Engagement of New Independent Registered Public Accounting Firm.
     
    (b) On July 8, 2025, the Audit Committee of the Board of Directors (the “Audit Committee”) of Stock Yards Bancorp, Inc. (the “Company”) approved the engagement of BDO USA, P.C. (“BDO”) as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2025, effective beginning with the review of the Company’s condensed consolidated financial statements for the quarter ending June 30, 2025. The Audit Committee’s appointment of BDO marks the conclusion of the Company’s previously disclosed strategic request-for-proposal process, which solicited proposals from accounting firms to provide audit services to the Company as its independent registered public accounting firm for the fiscal year ending December 31, 2025.
     
    During the Company’s two most recent fiscal years ended December 31, 2024 and 2023, and during the subsequent interim period through March 31, 2025, neither the Company nor anyone on its behalf has consulted with BDO regarding either (1) the application of accounting principles to a specific transaction, completed or proposed, or the type of audit opinion that might be rendered on the Company’s consolidated financial statements, and neither a written report nor oral advice was provided to the Company that BDO concluded was an important factor considered by the Company in reaching a decision as to any accounting, auditing, or financial reporting issue, or (2) any matter that was either the subject of a “disagreement” (as defined in Item 304(a)(1)(iv) of Regulation S-K) or a “reportable event” (as described in Item 304(a)(1)(v) of Regulation S-K).
     
     

     
     
    SIGNATURE
     
     
    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
     
     
    STOCK YARDS BANCORP, INC.
     
     
     
     
     
     
     
     
    Dated: July 9, 2025
    By:
     /s/ T. Clay Stinnett
    T. Clay Stinnett, Executive Vice President,
    Treasurer and Chief Financial Officer
     
     
     
     
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