RBCAA (RBCAA) director Oyler granted 510 Class A shares in Form 4 filing
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
REPUBLIC BANCORP INC /KY/ director William Kennett Oyler II received an award of 510 shares of Class A Common Stock. The shares were granted at a price of $0.00 per share as a compensation-related grant, not an open-market purchase or sale.
Following this grant, Oyler directly holds a total of 4,348.557 shares of Class A Common Stock. A footnote explains that the transaction reflects additional dividend equivalent rights acquired since his last ownership report, indicating a routine, incremental increase in his equity-based holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Oyler William Kennett II
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 510 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 4,348.557 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 510 shares
Grant price: $0.00 per share
Total holdings after grant: 4,348.557 shares
3 metrics
Shares granted
510 shares
Class A Common Stock award on 2026-05-20
Grant price
$0.00 per share
Compensation-related stock grant
Total holdings after grant
4,348.557 shares
Direct Class A Common Stock ownership post-transaction
Key Terms
Class A Common Stock, Grant, award, or other acquisition, dividend equivalent rights
3 terms
Class A Common Stock financial
"security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
dividend equivalent rights financial
"Reflects additional dividend equivalent rights acquired since the date"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
FAQ
What insider transaction did RBCAA director William Kennett Oyler II report?
Director William Kennett Oyler II reported receiving an award of 510 shares of RBCAA Class A Common Stock. The shares were granted at $0.00 per share as compensation, increasing his direct holdings to 4,348.557 shares according to the Form 4 filing.
Was the RBCAA Form 4 transaction a market purchase or sale?
The transaction was not a market purchase or sale. It is coded as an "A" transaction, described as a grant, award, or other acquisition at $0.00 per share, reflecting compensation-related shares rather than an open-market trade in RBCAA stock.
What does the footnote about dividend equivalent rights mean in the RBCAA Form 4?
The footnote states the entry "reflects additional dividend equivalent rights acquired" since Oyler’s last report. This indicates the 510-share increase is tied to dividend equivalent rights accruing on prior awards, resulting in a routine, incremental adjustment to his equity-based holdings.
How is the RBCAA Form 4 transaction coded and what does it signify?
The transaction is coded "A" for "Grant, award, or other acquisition" and labeled as an acquisition. This signifies Oyler received 510 RBCAA Class A Common shares as a compensation-related award, not through buying them on the open market or selling existing holdings.