Republic Bancorp (RBCAA) CEO awarded new stock shares in Form 4 filing
Rhea-AI Filing Summary
Republic Bancorp Inc. director and Republic Bank President & CEO Logan Pichel reported a stock award on Class A Common Stock. He received 74.431 shares at $90.43 per share, increasing his direct holdings to 64,346.581 shares, with an additional 1,785.576 shares held indirectly through a 401(k) plan.
The filing also shows outstanding employee stock options over 12,978 shares at an exercise price of $68.02 expiring on January 1, 2031, 17,937 shares at $49.25 expiring on January 1, 2030, and 16,903 shares at $71.36 expiring on January 1, 2032. Footnotes note additional dividend equivalent rights, purchases under an employee stock purchase plan, and changes in the 401(k) plan balance since the prior report.
Positive
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Insider Trade Summary
Net Buyer: 74.431 shares
Net Buy
5 txns
Insider
PICHEL LOGAN
Role
PRESIDENT & CEO, REPUBLIC BANK
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 74.431 | $90.43 | $7K |
| 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 — 64,346.581 shares (Direct);
Employee Stock Option (right to buy) — 47,818 shares (Direct);
Class A Common Stock — 1,785.576 shares (Indirect, By 401(k) Plan)
Footnotes (3)
- F1. Reflects additional dividend equivalent rights acquired since the date of the Reporting Person's last ownership report.
- F2. Includes 44.620 shares acquired under the Issuer's employee stock purchase plan on June 30, 2026.
- F3. 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: 74.431 shares
Award price: $90.43/share
Direct common holdings: 64,346.581 shares
+5 more
8 metrics
Stock award shares
74.431 shares
Class A Common Stock grant at $90.43
Award price
$90.43/share
Price for 74.431-share grant
Direct common holdings
64,346.581 shares
Class A Common Stock after award
Indirect 401(k) holdings
1,785.576 shares
Class A Common Stock via 401(k) plan
Option position 1
12,978 shares at $68.02
Employee Stock Option expiring Jan. 1, 2031
Option position 2
17,937 shares at $49.25
Employee Stock Option expiring Jan. 1, 2030
Option position 3
16,903 shares at $71.36
Employee Stock Option expiring Jan. 1, 2032
ESPP purchase
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
"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.
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
"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.
FAQ
What insider transaction did Republic Bancorp (RBCAA) report for Logan Pichel?
Republic Bancorp reported a stock award for Logan Pichel. He acquired 74.431 shares of Class A Common Stock at $90.43 per share, recorded as a grant or award, increasing his directly held stake to 64,346.581 shares according to the Form 4.
What stock option positions for RBCAA does Logan Pichel retain in this filing?
The filing lists three employee stock option positions on Class A shares. They cover 12,978 shares at $68.02 expiring January 1, 2031, 17,937 shares at $49.25 expiring January 1, 2030, and 16,903 shares at $71.36 expiring January 1, 2032.
Does the Republic Bancorp (RBCAA) Form 4 show any insider selling by Logan Pichel?
The Form 4 does not report any open-market sales. It shows one acquisition coded as a grant or award and several holding entries updating option positions and plan balances, with transaction summaries indicating no buy or sell share counts.
What do the footnotes in the RBCAA Form 4 say about Logan Pichel’s holdings?
Footnotes describe adjustments rather than new market trades. They state additional dividend equivalent rights were acquired, 44.620 shares were bought through an employee stock purchase plan, and 401(k) plan values changed since the prior ownership report.
AI-generated analysis. How Rhea-AI works. Not financial advice.
