David Heintzman served as the CEO of Stock Yards Bancorp, Inc. from January 2005 until his retirement in September 2018. He started his career in the banking industry at Stock Yards Bank in 1985 and climbed his way up, becoming...

David Heintzman served as the CEO of Stock Yards Bancorp, Inc. from January 2005 until his retirement in September 2018. He started his career in the banking industry at Stock Yards Bank in 1985 and climbed his way up, becoming President in 1992. Heintzman holds a Bachelor's degree in Business Administration from the University of Louisville and is well-versed in finance. During his time as CEO, he was known for his performance-focused approach to compensation, with his pay reflecting company success linked to metrics like earnings per share growth. Even after stepping down, he remained engaged as Executive Chairman for a brief period to support the transition of his successor. Notably, Heintzman's total compensation varied throughout his tenure, peaking at around $1.6 million in 2014, showcasing his alignment with company performance. Additionally, Heintzman made significant investments in company stock, reinforcing his commitment to Stock Yards Bancorp's growth. After his retirement, he maintained ties with the company by joining the board and continues to influence its direction as a non-executive Chairman.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Stock Yards Bancorp CEOs

S

David Heintzman

Ex-CEO of Stock Yards Bancorp

Education

Bachelor's degree in Business Administration from the University of Louisville

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

January 1, 1966 - 59 years ago

CEO of Stock Yards Bancorp for

12 years 1 month (Jan 2006 - Feb 2018)

Previous Experience

President and CEO of Stock Yards Bank & Trust Company

Rivals

Competitors/colleagues of David Heintzman

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Richard M. Adams, Jr.

CEO of United Bankshares

2023 Compensation

Stock

$609.36K

Salary

$1.00M

Bonus

$1.09M

Other

$59.30K

Total Holdings

$6.01M

S

Christopher J. McComish

CEO of S&T Bancorp

2023 Compensation

Stock

$150.00K

Salary

$350.00K

Bonus

$70.00K

Other

$20.00K

Total Holdings

$715.40K

F

Mark K. Hardwick

CEO of First Merchants Corporation

2023 Compensation

Stock

$611.04K

Salary

$728.00K

Bonus

$369.81K

Other

$78.87K

Total Holdings

$128.69K

U

Jeffrey M. Schweitzer

CEO of Univest Financial Corporation

2022 Compensation

Stock

$0.00

Salary

$806.00K

Bonus

$250.57K

Other

$26.25K

Total Holdings

$2.56M

Holdings

See how much did David Heintzman make over time.

During his tenure as CEO, David Heintzman accumulated substantial holdings in Stock Yards Bancorp, aligning his wealth with the company’s success. In 2014, his holdings reached their peak reported value of approximately $3.98 million, reflecting both his trust in the...

During his tenure as CEO, David Heintzman accumulated substantial holdings in Stock Yards Bancorp, aligning his wealth with the company’s success. In 2014, his holdings reached their peak reported value of approximately $3.98 million, reflecting both his trust in the company's growth and his role in its strategic direction. As he transitioned out of his CEO role in 2018, his holdings remained significant, showcasing a long-term commitment to the company. His holdings demonstrated notable fluctuation, particularly around major performance milestones which influenced his compensation. By strategically timing stock exercises and sales, he effectively managed his investment risk while still participating in the company's growth. This strategy not only reinforced his personal financial interests with those of his shareholders but also underscored his belief in the company's potential. Heintzman’s approach to his holdings reflects the mindset of a leader who understands both corporate growth and personal investment.

Mar 18, 2025

S

shares

SYBT @ $69.69

Total Stock Sold

$13.12M

SYBT

$13.12M

368,263.403 SYBT shares

What if they kept their stock?

If David Heintzman didn't sell their stock, today they would have:
Extra SYBT368,263.403 shares worth $13.13M.
This is 0.09% and $12.41K more than what they got when they sold the stock.

Charitable Transactions

SYBT

62,101 shares

SYBT

Recent Charitable Transactions

SYBT

1,000 shares

SYBT

Nov 12, 2024

Charity

SYBT

1,000 shares

SYBT

Sep 19, 2024

Charity

SYBT

1,000 shares

SYBT

Jul 26, 2024

Charity

SYBT

1,000 shares

SYBT

May 13, 2024

Charity

SYBT

500 shares

SYBT

Nov 3, 2022

Charity

SYBT

1,000 shares

SYBT

Oct 28, 2022

Charity

Insider Trading

See recent insider trades of David Heintzman.

SYBT

767 shares

SYBT

Jan 2, 2025

Received

SYBT

$273.35K

SYBT at $78.10/share

Nov 25, 2024

Sale

SYBT

$730.80K

SYBT at $73.08/share

Nov 15, 2024

Sale

SYBT

1,000 shares

SYBT

Nov 12, 2024

Charity

SYBT

$614.02K

SYBT at $76.75/share

Nov 12, 2024

Sale

SYBT

$223.76K

SYBT at $74.59/share

Nov 6, 2024

Sale

SYBT

$660.15K

SYBT at $66.02/share

Oct 25, 2024

Sale

SYBT

1,000 shares

SYBT

Sep 19, 2024

Charity

SYBT

$170.29K

SYBT at $63.07/share

Sep 19, 2024

Sale

SYBT

$177.47K

SYBT at $59.16/share

Aug 23, 2024

Sale

Compensation History

See how much did David Heintzman make over time.

Over his time as CEO, David Heintzman's compensation reflected both his leadership and the performance of Stock Yards Bancorp. In 2018, his total earnings were around $1.44 million, which included a base salary of $479,000 and substantial vested stock awards that added value to his total compensation. His pay featured various performance metrics including earnings per share growth, which demonstrated a strong link between executive pay and corporate success. Heintzman's compensation philosophy aimed to attract and retain talent by linking pay to performance, ensuring that as the company thrived, so did he. This performance-based system contributed to his rising compensation, especially notable in years like 2014, where he earned a total of $1.61 million due to successful company targets. Overall, his compensation was a reflection of his contributions to the consistency and growth of Stock Yards Bancorp throughout his leadership.

Year

2018

Total Compensation

$1.02M

Salary

$479.00K

Board Justification

The compensation philosophy aims to attract and retain top executive talent while aligning executive interests with shareholder interests, emphasizing performance-based compensation.

Bonus

$0.00

Board Justification

Annual cash bonus payable in 2019 for 2018 performance will be a percentage of his base salary rate at the time of his retirement, rather than his reduced base salary as of the last quarter of 2018.

Other

$85.65K

Board Justification

Includes contributions to retirement plans and other benefits.

Restricted Stock

$450.49K(450.49K PSUs)

Board Justification

Performance stock units (PSUs) that vested based on achievement of performance goals for the year 2018.

Performance Metrics

Performance metrics include earnings per share (EPS) growth and return on assets (ROAA) compared to peers.

Other Stock Yards Bancorp CEOs

Here are other CEOs of Stock Yards Bancorp

Paul J. Bickel, III

Founder and Ex-CEO of Stock Yards Bancorp

February 2018 - May 2021