Form 4: Republic Bancorp Director Acquires Additional Shares
SEC Form 4 Filing
Michael T. Rust, a director of Republic Bancorp, recently acquired 196.078 shares of Class A Common Stock at a price of $51 per share.
Summary
- On March 29, 2024, Michael T. Rust, a director of Republic Bancorp INC /KY/, acquired 196.078 shares of Class A Common Stock.
- The price per share was $51.
- Following the transaction, Rust directly owns 20,967.578 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a transaction. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders, such as directors and officers, trade in their company's stock. These filings provide transparency to the market regarding insider activity.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 03/29/2024 | Date of transaction: Michael T. Rust acquired shares of Republic Bancorp. |
| 04/02/2024 | Date of signature for the Form 4 filing. |
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