Republic Bancorp EVP receives stock award
Republic Bancorp Inc. executive Juan Montano reported an acquisition of Class A Common Stock through a stock award.
Rhea-AI Filing Summary
Republic Bancorp Inc. executive Juan Montano reported an acquisition of Class A Common Stock through a stock award. On 2026-06-30, he received 59.546 shares at $90.4300 per share as a grant or other acquisition, bringing his direct holdings to 13,593.862 shares of Class A Common Stock.
He also had 4,665.613 shares held indirectly through a 401(k) plan as of the same date, reflecting additions and value changes since his prior ownership report. In addition, Montano held employee stock options to acquire 1,352, 1,622 and 2,242 shares of Class A Common Stock at exercise prices of $71.3600, $68.0200 and $49.2500, respectively, with expirations between 2030 and 2032.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 59.546 shares
Grant/Award
5 txns
Insider
Montano Juan
Role
EVP, CHIEF MTG BANKING OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 59.546 | $90.43 | $5K |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 13,593.862 shares (Direct);
Employee Stock Option (right to buy) — 5,216 contracts (Direct);
Class A Common Stock — 4,665.613 shares (Indirect, By 401(k) Plan)
Footnotes (2)
- F1. Reflects additional dividend equivalent rights acquired since the date of the Reporting Person's last ownership report.
- F2. Reflects additions to and change in value of 401(k) plan since the date of the Reporting Person's last ownership report.
Key Figures
Stock award shares: 59.546 shares
Award price per share: $90.4300/share
Direct shares after award: 13,593.862 shares
+4 more
7 metrics
Stock award shares
59.546 shares
Class A Common Stock grant at $90.4300 on 2026-06-30
Award price per share
$90.4300/share
Grant, award, or other acquisition of Class A Common Stock
Direct shares after award
13,593.862 shares
Class A Common Stock directly held following transaction
401(k) plan shares
4,665.613 shares
Class A Common Stock held indirectly by 401(k) plan
Option block 1
1,352 shares at $71.3600
Employee stock option, expires 2032-01-01
Option block 2
1,622 shares at $68.0200
Employee stock option, expires 2031-01-01
Option block 3
2,242 shares at $49.2500
Employee stock option, expires 2030-01-01
Key Terms
Grant, award, or other acquisition, Employee Stock Option (right to buy), dividend equivalent rights, 401(k) plan, +1 more
5 terms
Grant, award, or other acquisition financial
"transaction code description shows a Grant, award, or other acquisition of shares"
Employee Stock Option (right to buy) financial
"security_title is listed as Employee Stock Option (right to buy) with underlying Class A Common Stock"
dividend equivalent rights financial
"Reflects additional dividend equivalent rights acquired since the date of the Reporting Person's last ownership report"
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.
401(k) plan financial
"Reflects additions to and change in value of 401(k) plan since the date of the Reporting Person's last ownership report"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
indirect ownership financial
"Class A Common Stock held with ownership_type indirect and nature_of_ownership By 401(k) Plan"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did RBCAA executive Juan Montano report?
Juan Montano reported receiving a stock award of 59.546 shares of Republic Bancorp Class A Common Stock at $90.4300 per share. This was classified as a grant or other acquisition, not an open-market purchase or sale, and increased his directly held share count.
Was the RBCAA insider transaction by Juan Montano a market trade or a stock award?
The transaction was a stock award, not an open-market trade. The Form 4 classifies it under code A as a grant, award, or other acquisition of 59.546 Class A Common shares at $90.4300 per share, increasing Montano’s direct ownership rather than reflecting a market buy or sell.
What Republic Bancorp stock option positions does Juan Montano hold?
Juan Montano holds employee stock options to acquire 1,352, 1,622 and 2,242 shares of Class A Common Stock. These options have exercise prices of $71.3600, $68.0200 and $49.2500, respectively, and expire between 2030 and 2032, providing potential future share acquisitions.
How are 401(k) holdings reflected for RBCAA executive Juan Montano?
The filing shows 4,665.613 Class A Common shares held indirectly for Juan Montano through a 401(k) plan. A footnote states this reflects additions and changes in value of the 401(k) plan since his last ownership report, rather than a single new purchase transaction.
What do the dividend equivalent rights mentioned in the RBCAA filing mean?
A footnote explains the filing reflects additional dividend equivalent rights acquired since Juan Montano’s last ownership report. Dividend equivalent rights generally credit holders with amounts linked to dividends on underlying shares, increasing reported balances without open-market trades.
AI-generated analysis. How Rhea-AI works. Not financial advice.
