RBCAA executive granted 58 shares of Class A stock
REPUBLIC BANCORP INC /KY/ senior vice president Scott Nardi reported a compensation-related stock grant.
Rhea-AI Filing Summary
REPUBLIC BANCORP INC /KY/ senior vice president Scott Nardi reported a compensation-related stock grant. On 2026-06-30, he acquired 58.056 shares of Class A Common Stock as a grant at $90.4300 per share, increasing his direct holdings to 2,274.928 shares.
The filing also shows an existing Employee Stock Option to buy 1,352 shares of Class A Common Stock at an exercise price of $71.3600, expiring on 2032-01-01. A footnote states this reflects additional dividend equivalent rights acquired since his last ownership report.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 58.056 shares
Grant/Award
2 txns
Insider
Nardi Scott
Role
SVP, Risk & Compliance Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 58.056 | $90.43 | $5K |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 2,274.928 shares (Direct);
Employee Stock Option (right to buy) — 1,352 contracts (Direct)
Footnotes (1)
- F1. Reflects additional dividend equivalent rights acquired since the date of the Reporting Person's last ownership report.
Key Figures
Stock grant: 58.056 shares
Grant reference price: $90.4300/share
Post-grant holdings: 2,274.928 shares
+3 more
6 metrics
Stock grant
58.056 shares
Class A Common Stock grant on 2026-06-30
Grant reference price
$90.4300/share
Value per granted Class A share
Post-grant holdings
2,274.928 shares
Direct Class A Common Stock after grant
Option exercise price
$71.3600/share
Employee Stock Option for Class A Common
Option underlying shares
1,352 shares
Underlying Class A shares for option
Option expiration
2032-01-01
Employee Stock Option expiry date
Key Terms
Employee Stock Option, Class A Common Stock, dividend equivalent rights, grant, award, or other acquisition
4 terms
Employee Stock Option financial
"The filing lists an Employee Stock Option (right to buy) on Class A Common Stock."
An employee stock option is a promise that lets a worker buy company shares later at a predetermined price, often after they stay for a certain period or meet performance goals — think of it like a coupon that locks in today's price for a future purchase. It matters to investors because options align employees’ incentives with company performance, can increase the number of shares outstanding (dilution) when exercised, and represent a compensation cost that affects reported profits and shareholder value.
Class A Common Stock financial
"Transactions involve Class A Common Stock, including a grant of 58.056 shares."
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
"A footnote states this reflects additional dividend equivalent rights acquired since the 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.
grant, award, or other acquisition financial
"The transaction code description labels the 58.056-share entry as a grant, award, or other acquisition."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did RBCAA executive Scott Nardi report on this Form 4?
Scott Nardi reported receiving a grant of 58.056 shares of Class A Common Stock. The shares were valued at $90.4300 each, and the grant increased his directly held position in Republic Bancorp to 2,274.928 shares as of the transaction date.
What are the key terms of Scott Nardi’s employee stock option at RBCAA?
The filing shows an Employee Stock Option giving rights to buy 1,352 shares of Class A Common Stock. The option has an exercise price of $71.3600 per share and an expiration date of 2032-01-01, with direct ownership indicated.
Was the RBCAA Form 4 transaction a market purchase or a compensation award?
The Form 4 characterizes the 58.056-share transaction as a “grant, award, or other acquisition.” This indicates a compensation-related award of Class A Common Stock to executive Scott Nardi, rather than an open-market purchase or sale of Republic Bancorp shares.
What does the dividend equivalent rights footnote mean in the RBCAA Form 4?
The footnote explains the entry reflects additional dividend equivalent rights acquired since Scott Nardi’s last ownership report. Dividend equivalent rights typically mirror dividends on underlying shares, adjusting derivative or award balances accordingly, as disclosed for Republic Bancorp in this insider filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
