Director at Republic Bancorp (NASDAQ: RBCAA) receives additional share-based award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Republic Bancorp Inc. director David P. Feaster reported a small share-based award. On June 30, 2026, he acquired 16.587 shares of Class A Common Stock at a reference price of $90.43 per share through a grant classified as a “grant, award, or other acquisition.”
Following this award, Feaster directly owns 5,738.017 Class A shares. A footnote explains the change reflects additional dividend equivalent rights credited since his prior ownership report, indicating this is a routine compensation-related adjustment rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Feaster David P
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 16.587 | $90.43 | $1K |
Holdings After Transaction:
Class A Common Stock — 5,738.017 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares acquired: 16.587 shares
Reference price per share: $90.43 per share
Total direct holdings after transaction: 5,738.017 shares
+1 more
4 metrics
Shares acquired
16.587 shares
Grant of Class A Common Stock on June 30, 2026
Reference price per share
$90.43 per share
Value used in the June 30, 2026 grant
Total direct holdings after transaction
5,738.017 shares
Class A Common Stock held by David P. Feaster
Transaction type
Grant, award, or other acquisition
Form 4 code A, non-derivative acquisition
Key Terms
Class A Common Stock, Grant, award, or other acquisition, dividend equivalent rights
3 terms
Class A Common Stock financial
"16.5870 shares of Class A Common Stock at $90.4300 per share"
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
What did RBCAA director David P. Feaster report in this Form 4?
Director David P. Feaster reported acquiring 16.587 shares of Republic Bancorp Class A Common Stock. The acquisition was a grant classified as an award, not an open-market purchase, and reflects dividend equivalent rights credited to his account.
Was the RBCAA Form 4 transaction an open-market buy or a grant?
The transaction was a grant, not an open-market buy. It is coded as a grant, award, or other acquisition and reflects additional shares credited as dividend equivalent rights rather than a discretionary stock purchase.
What does the dividend equivalent rights footnote mean in RBCAA’s Form 4?
The footnote states the additional shares reflect dividend equivalent rights since Feaster’s last report. Dividend equivalent rights credit share-based amounts corresponding to dividends, making this a routine adjustment to an existing equity award position.