Republic Bancorp CFO awarded 65 Class A shares
Republic Bancorp, Inc. EVP & CFO Kevin D. Sipes reported a compensation-related acquisition of 65.422 shares of Class A Common Stock on March 31, 2026 at $70.55 per share.
Rhea-AI Filing Summary
Republic Bancorp, Inc. EVP & CFO Kevin D. Sipes reported a compensation-related acquisition of 65.422 shares of Class A Common Stock on March 31, 2026 at $70.55 per share. A footnote states this amount includes 49.025 shares acquired under the issuer's employee stock purchase plan on the same date.
Following the award, he directly owns 75,347.281 Class A shares and indirectly holds 3,979.509 Class A shares through a 401(k) plan. He also retains multiple employee stock options on Class A Common Stock with exercise prices between $42.74 and $71.36, expiring from 2026 through 2032.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 65.422 shares
Grant/Award
6 txns
Insider
SIPES KEVIN D
Role
EVP & CHIEF FINANCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 65.422 | $70.55 | $5K |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| 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 — 75,347.281 shares (Direct);
Employee Stock Option (right to buy) — 15,977 contracts (Direct);
Class A Common Stock — 3,979.509 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- F1. Includes 49.025 shares acquired under the Issuer's employee stock purchase plan on March 31, 2026.
Key Figures
Stock award: 65.422 shares
Award price: $70.55 per share
Direct holdings after award: 75,347.281 shares
+5 more
8 metrics
Stock award
65.422 shares
Class A Common Stock granted on March 31, 2026
Award price
$70.55 per share
Value assigned to Class A shares in the award
Direct holdings after award
75,347.281 shares
Class A Common Stock held directly after transaction
Indirect 401(k) holdings
3,979.509 shares
Class A Common Stock held indirectly via 401(k) plan
Option strike price
$42.74
Employee stock option exercise price expiring December 31, 2026
Option strike price
$49.25
Employee stock option exercise price expiring January 1, 2030
Option strike price
$68.02
Employee stock option exercise price expiring January 1, 2031
Option strike price
$71.36
Employee stock option exercise price expiring January 1, 2032
Key Terms
Employee Stock Option (right to buy), employee stock purchase plan, Class A Common Stock, 401(k) Plan, +1 more
5 terms
Employee Stock Option (right to buy) financial
"Employee Stock Option (right to buy) ... underlying security title: Class A Common Stock"
employee stock purchase plan financial
"Includes 49.025 shares acquired under the Issuer's employee stock purchase plan on March 31, 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.
Class A Common Stock financial
"security_title: Class A Common Stock ... transaction_shares: 65.4220"
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.
401(k) Plan financial
"nature_of_ownership: By 401(k) Plan ... total_shares_following_transaction: 3979.5090"
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.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Republic Bancorp (RBCAA) CFO Kevin Sipes report in this Form 4?
Kevin Sipes reported receiving 65.422 shares of Class A Common Stock as a compensation-related award. The shares were valued at $70.55 each, and the grant increased his direct holdings to 75,347.281 shares, plus additional indirect holdings through a 401(k) plan.
Is the RBCAA CFO’s March 31, 2026 transaction an open-market stock purchase?
No, the Form 4 characterizes the 65.422 shares as a grant or award, not an open-market purchase. The footnote explains the total includes 49.025 shares acquired under Republic Bancorp’s employee stock purchase plan on March 31, 2026.
Does this Form 4 show any stock sales by the Republic Bancorp CFO?
The transaction summary shows one acquisition and no reported sales. There are no open-market sale codes; the main activity is a grant or award of 65.422 Class A Common shares, plus updated holdings and existing employee stock options.
AI-generated analysis. How Rhea-AI works. Not financial advice.
