Form 4: Republic Bancorp Director Acquires Additional Shares Through Dividend Equivalent Rights

Director Mark A. Vogt increases his holdings in Republic Bancorp through the acquisition of dividend equivalent rights and maintains indirect ownership via a Delaware Trust.

Summary

• On March 31, 2025, Mark A. Vogt, a director of Republic Bancorp INC /KY/, acquired 250.705 shares of Class A Common Stock at a price of $63.82 per share.
• This acquisition was due to dividend equivalent rights.
• Following the transaction, Vogt directly owns 19,627.744 shares of Class A Common Stock.
• Vogt also indirectly owns 10,000 shares through a Delaware Trust, where he acts as the Investment Direction Advisor but disclaims beneficial ownership except to the extent of his pecuniary interest.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction, but insider buying is generally viewed as a positive sign.

Positives

• The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. They provide insights into the actions of company insiders, such as directors, and their confidence in the company's stock.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment due to the director's increased investment in the company.

Key Dates

Keywords

Republic Bancorp, Director, Share Acquisition, Form 4, Dividend Equivalent Rights, Beneficial Ownership, Delaware Trust, RBCAA