Republic Bancorp (RBCAA) CFO receives stock award and reports options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
REPUBLIC BANCORP INC /KY/ EVP & Chief Financial Officer Kevin D. Sipes reported an equity award and updated holdings. He received a grant of 59.546 shares of Class A common stock at $90.43 per share, bringing his directly held Class A shares to 76,745.092.
The filing also updates indirect ownership of 3,979.509 Class A shares through a 401(k) plan and shows remaining employee stock options for 2,873, 3,244, and 4,484 underlying Class A shares at exercise prices of $71.36, $68.02, and $49.25, respectively. Footnotes note additional dividend equivalent rights and 44.620 shares acquired under the employee stock purchase plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
SIPES KEVIN D
Role
EVP & CHIEF FINANCIAL 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 — 76,745.092 shares (Direct, null);
Employee Stock Option (right to buy) — 4,484 shares (Direct, null);
Class A Common Stock — 3,979.509 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- Reflects additional dividend equivalent rights acquired since the date of the Reporting Person's last ownership report. Includes 44.620 shares acquired under the Issuer's employee stock purchase plan on June 30, 2026.
Key Figures
Equity award: 59.546 shares at $90.43/share
Direct Class A holdings: 76,745.092 shares
Indirect 401(k) holdings: 3,979.509 shares
+4 more
7 metrics
Equity award
59.546 shares at $90.43/share
Class A Common Stock grant to CFO on June 30, 2026
Direct Class A holdings
76,745.092 shares
Total Class A Common Stock directly owned after award
Indirect 401(k) holdings
3,979.509 shares
Class A Common Stock held indirectly by 401(k) plan
Option position 1
2,873 underlying shares at $71.36
Employee stock option, expires January 1, 2032
Option position 2
3,244 underlying shares at $68.02
Employee stock option, expires January 1, 2031
Option position 3
4,484 underlying shares at $49.25
Employee stock option, expires January 1, 2030
ESPP acquisition
44.620 shares
Shares acquired under employee stock purchase plan on June 30, 2026
Key Terms
Employee Stock Option (right to buy), dividend equivalent rights, employee stock purchase plan, 401(k) Plan
4 terms
Employee Stock Option (right to buy) financial
"security_title: "Employee Stock Option (right to buy)""
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.
employee stock purchase plan financial
"Includes 44.620 shares acquired under the Issuer's employee stock purchase plan on June 30, 2026."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
401(k) Plan financial
"nature_of_ownership: "By 401(k) Plan""
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.
FAQ
What insider transaction did RBCAA CFO Kevin D. Sipes report on this Form 4?
Kevin D. Sipes reported receiving an equity grant of 59.546 Class A common shares at $90.43 per share. This award increased his directly held Class A common stock position to 76,745.092 shares as of the reported date.
What stock option positions are disclosed for RBCAA CFO Kevin D. Sipes?
The filing shows three employee stock option positions over Class A common stock: 2,873 shares at $71.36, 3,244 shares at $68.02, and 4,484 shares at $49.25, each with expiration dates between 2030 and 2032.