Republic Bancorp (RBCAA) director receives 510-share stock grant at no cost
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
REPUBLIC BANCORP INC /KY/ director Vidya Ravichandran reported an acquisition of 510 shares of Class A Common Stock. The Form 4 shows these were granted at $0.0000 per share as a "Grant, award, or other acquisition," rather than a market purchase or sale.
Following this grant, Ravichandran directly holds 3,709.069 Class A Common shares. A footnote explains the change reflects additional dividend equivalent rights accumulated since the last ownership report, indicating a routine, compensation-related adjustment instead of an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ravichandran Vidya
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 510 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 3,709.069 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 510 shares
Grant price: $0.0000 per share
Post-transaction holdings: 3,709.069 shares
+1 more
4 metrics
Shares granted
510 shares
Class A Common Stock grant on 2026-05-20
Grant price
$0.0000 per share
Grant, award, or other acquisition
Post-transaction holdings
3,709.069 shares
Direct Class A Common Stock after grant
Transaction code
A
Grant, award, or other acquisition
Key Terms
Grant, award, or other acquisition, dividend equivalent rights, Class A Common Stock, Form 4
4 terms
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.
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.