Republic Bancorp EVP granted stock award
Republic Bancorp executive Cheryl VanAllen, EVP & Chief People Officer, reported a compensation-related stock grant of 59.546 shares of Class A Common Stock at $90.43 per share.
Rhea-AI Filing Summary
Republic Bancorp executive Cheryl VanAllen, EVP & Chief People Officer, reported a compensation-related stock grant of 59.546 shares of Class A Common Stock at $90.43 per share. After this award, she holds 2,284.449 shares directly.
She also holds employee stock options for 1,352 shares at an exercise price of $71.36 expiring on January 1, 2032, and 1,622 shares at $68.02 expiring on January 1, 2031. A footnote explains the entries reflect additional dividend equivalent rights since her last ownership report.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 59.546 shares
Grant/Award
3 txns
Insider
VanAllen Cheryl
Role
EVP & CHIEF PEOPLE 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) | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 2,284.449 shares (Direct);
Employee Stock Option (right to buy) — 2,974 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: 59.546 shares at $90.43
Direct holdings after grant: 2,284.449 shares
Option 1 exercise price: $71.36 per share
+4 more
7 metrics
Stock grant
59.546 shares at $90.43
Class A Common Stock award to EVP Cheryl VanAllen
Direct holdings after grant
2,284.449 shares
Class A Common Stock held directly after Form 4 transactions
Option 1 exercise price
$71.36 per share
Employee stock option on 1,352 underlying shares, expiring January 1, 2032
Option 1 underlying shares
1,352 shares
Class A Common Stock underlying employee stock option at $71.36
Option 2 exercise price
$68.02 per share
Employee stock option on 1,622 underlying shares, expiring January 1, 2031
Option 2 underlying shares
1,622 shares
Class A Common Stock underlying employee stock option at $68.02
Net buy-sell direction
neutral
Transaction summary shows no net buy or sell activity
Key Terms
Employee Stock Option (right to buy), Class A Common Stock, Grant, award, or other acquisition, dividend equivalent rights
4 terms
Employee Stock Option (right to buy) financial
"security_title: Employee Stock Option (right to buy)"
Class A Common Stock financial
"underlying_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.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Cheryl VanAllen report for RBCAA?
Cheryl VanAllen reported receiving a grant of 59.546 Class A Common shares at $90.43 per share. This is a compensation-related award, not an open-market purchase, and increases her direct holdings in Republic Bancorp stock.
Were Cheryl VanAllen’s RBCAA transactions open-market buys or a grant?
The Form 4 shows a Code A transaction, meaning a grant, award, or other acquisition, for 59.546 shares at $90.43. It does not represent an open-market purchase, but rather stock received as part of her compensation.
What stock options does Cheryl VanAllen hold in Republic Bancorp?
She holds employee stock options tied to 1,352 underlying shares at a $71.36 exercise price expiring January 1, 2032, and 1,622 underlying shares at a $68.02 exercise price expiring January 1, 2031, all linked to Class A Common Stock.
What do the dividend equivalent rights in Cheryl VanAllen’s RBCAA filing mean?
A footnote states the entries reflect additional dividend equivalent rights acquired since her last report. Dividend equivalents mirror cash dividends on certain awards, increasing related rights or units without involving open-market share purchases or sales.
Does the VanAllen Form 4 for RBCAA show any stock sales?
The summarized data show an acquisition coded A for 59.546 shares and option holdings, with no reported open-market sales. Net buy-sell activity is neutral in the transaction summary, emphasizing this filing as a routine compensation update.
AI-generated analysis. How Rhea-AI works. Not financial advice.
