Mark A. Vogt of Republic Bancorp (RBCAA) reports 510-share stock award and trust holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vogt Mark A reported acquisition or exercise transactions in this Form 4 filing.
Republic Bancorp Inc. director Mark A. Vogt reported a compensation-related award of 510 shares of Class A Common Stock, recorded at $0.00 per share. After this award, he directly holds 22,040.544 shares of Republic Bancorp Class A stock.
The filing also reports 10,000 Class A shares held indirectly through a Delaware Trust for the benefit of Vogt and his family. As Investment Direction Advisor, he has investment discretion over these trust shares but disclaims beneficial ownership of shares in which he has no pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Vogt Mark A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 510 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 22,040.544 shares (Direct, null);
Class A Common Stock — 10,000 shares (Indirect, By Delaware Trust)
Footnotes (1)
- Reflects additional dividend equivalent rights acquired since the date of the Reporting Person's last ownership report. The Reporting Person is the Investment Direction Advisor of a Delaware Trust for the benefit of him and his family. In this capacity, he retains investment discretion over shares of the Issuer held by the Trust. The Reporting Person disclaims beneficial ownership of any shares held by the trust in which he does not have a pecuniary interest.
Key Figures
Stock award: 510 shares
Award price: $0.00 per share
Direct holdings after award: 22,040.544 shares
+1 more
4 metrics
Stock award
510 shares
Grant/award of Class A Common Stock at $0.00 per share
Award price
$0.00 per share
Price per share for 510-share grant
Direct holdings after award
22,040.544 shares
Class A Common Stock held directly after transaction
Indirect trust holdings
10,000 shares
Class A Common Stock held by Delaware Trust
Key Terms
dividend equivalent rights, Investment Direction Advisor, pecuniary interest, Delaware Trust
4 terms
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.
Investment Direction Advisor financial
"The Reporting Person is the Investment Direction Advisor of a Delaware Trust for the benefit of him and his family."
pecuniary interest financial
"The Reporting Person disclaims beneficial ownership of any shares held by the trust in which he does not have a pecuniary interest."
Delaware Trust financial
"The Reporting Person is the Investment Direction Advisor of a Delaware Trust for the benefit of him and his family."
FAQ
What insider transaction did Mark A. Vogt report for RBCAA?
Mark A. Vogt reported receiving an award of 510 shares of Republic Bancorp Class A Common Stock at $0.00 per share. This is a compensation-related acquisition, not an open-market purchase or sale of RBCAA shares.
What indirect RBCAA holdings are associated with Mark A. Vogt?
The filing shows 10,000 Republic Bancorp Class A shares held indirectly through a Delaware Trust for the benefit of Vogt and his family. He serves as Investment Direction Advisor, with investment discretion, but disclaims beneficial ownership where he lacks pecuniary interest.
Does the Delaware Trust increase Mark A. Vogt’s economic exposure to RBCAA?
The trust holds 10,000 RBCAA shares, and Vogt has investment discretion as Investment Direction Advisor. However, he disclaims beneficial ownership of any trust shares in which he has no pecuniary interest, limiting how much of that position reflects his personal economic exposure.