Republic Bancorp (RBCAA) director gains 184.266 shares in stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Republic Bancorp Inc. director David P. Feaster reported a compensation-related share acquisition. On this Form 4, he acquired 184.266 shares of Class A Common Stock at $70.55 per share as a grant or award, rather than an open-market purchase. A footnote explains this reflects additional dividend equivalent rights acquired since his last ownership report. Following the transaction, he directly holds a total of 5,707.464 Class A Common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Feaster David P
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 184.266 | $70.55 | $13K |
Holdings After Transaction:
Class A Common Stock — 5,707.464 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares acquired: 184.266 shares
Price per share: $70.55 per share
Total holdings after transaction: 5,707.464 shares
3 metrics
Shares acquired
184.266 shares
Grant/award acquisition on Class A Common Stock
Price per share
$70.55 per share
Valuation used for the reported award
Total holdings after transaction
5,707.464 shares
Direct Class A Common Stock owned by David P. Feaster
Key Terms
Class A Common Stock, dividend equivalent rights, grant/award acquisition, Form 4
4 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.
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.
grant/award acquisition financial
"transaction_action: "grant/award acquisition""
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.
FAQ
What insider transaction did RBCAA director David P. Feaster report?
David P. Feaster reported acquiring 184.266 shares of Republic Bancorp Class A Common Stock. The filing classifies this as a grant or award acquisition, not an open-market purchase, and it is tied to dividend equivalent rights accumulated since his prior ownership report.
Is the RBCAA Form 4 transaction a market buy or a compensation award?
The transaction is categorized as a grant or award acquisition, not an open-market buy. The Form 4 and its footnote clarify that the 184.266 shares represent additional dividend equivalent rights credited since David P. Feaster’s last reported ownership position.
What does the dividend equivalent rights footnote mean for RBCAA investors?
The footnote states the new shares reflect additional dividend equivalent rights since the last report. This suggests the transaction is a routine, compensation-linked adjustment rather than a discretionary market trade, providing context for how Feaster’s ownership increased modestly over time.