Republic Bancorp (RBCAA) director adds shares through dividend-linked stock grant

Rhea-AI Filing Summary

Republic Bancorp, Inc. (RBCAA) director Heather V. Howell reported a compensation-related share acquisition. On the reported date, she received a grant of 141.743 shares of Class A Common Stock at a reference price of $70.55 per share, reflecting additional dividend equivalent rights. Following this award, her direct holdings increased to 8,989.93 Class A shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Howell Heather V

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	141.743	$70.55	$10K

Holdings After Transaction: Class A Common Stock — 8,989.93 shares (Direct)

Footnotes (1)

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Key Figures

Shares granted: 141.743 shares Reference price per share: $70.55 per share Total shares after transaction: 8,989.93 shares +1 more

4 metrics

Shares granted 141.743 shares Grant, award, or other acquisition of Class A Common Stock

Reference price per share $70.55 per share Associated price for the 141.743-share grant

Total shares after transaction 8,989.93 shares Direct holdings of Class A Common Stock following the grant

Acquisition transactions in filing 1 transaction Transaction summary shows one acquire-type entry

Key Terms

Class A Common Stock, dividend equivalent rights, Grant, award, or other acquisition

3 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 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.

Grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Howell Heather V

(Last) (First) (Middle)

601 W MARKET ST

(Street)

LOUISVILLE KENTUCKY 40202

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
REPUBLIC BANCORP INC /KY/ [ RBCAA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	03/31/2026		A		141.743	A	$70.55	8,989.93(1)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects additional dividend equivalent rights acquired since the date of the Reporting Person's last ownership report.

	/s/ Kevin Sipes, Attorney-in-Fact	04/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did RBCAA director Heather Howell report?

Heather V. Howell reported acquiring 141.743 shares of RBCAA Class A Common Stock as a grant. The filing describes this as a “grant, award, or other acquisition” reflecting additional dividend equivalent rights since her last ownership report, not an open-market purchase or sale.

Was Heather Howell’s RBCAA transaction a market buy or sell?

The transaction was not a market buy or sell; it was coded as an acquisition grant. The Form 4 classifies it as a “grant, award, or other acquisition,” tied to dividend equivalent rights, indicating a compensation-related entry rather than trading in the open market.

How many RBCAA shares does Heather Howell hold after this transaction?

After the reported grant, Heather V. Howell directly holds 8,989.93 shares of RBCAA Class A Common Stock. This total includes the additional 141.743 shares acquired through dividend equivalent rights since her prior ownership report, as reflected in the Form 4 filing.

What price is associated with Heather Howell’s new RBCAA share grant?

The Form 4 associates a price of $70.55 per share with the 141.743 RBCAA Class A shares. This figure functions as a reference price for the grant of shares linked to dividend equivalent rights, rather than a price paid in an open-market purchase transaction.

What do “dividend equivalent rights” mean in Heather Howell’s RBCAA filing?

The filing notes the shares reflect additional dividend equivalent rights since Heather Howell’s last report. This typically means she received extra share-based amounts corresponding to dividends on underlying awards, increasing her Class A Common Stock position without direct market buying or selling.