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

Director Mark A. Vogt increased his holdings in Republic Bancorp through the acquisition of dividend equivalent rights and maintains investment discretion over shares held by a Delaware Trust.

Summary

• On May 21, 2025, Mark A. Vogt, a director of Republic Bancorp INC /KY/, acquired 557 shares of Class A Common Stock through dividend equivalent rights at a price of $0.
• Following the transaction, Vogt directly owns 20,269.089 shares of Class A Common Stock.
• Vogt also indirectly owns 10,000 shares of Class A Common Stock through a Delaware Trust, where he serves as the Investment Direction Advisor.
• Vogt disclaims beneficial ownership of shares held by the trust in which he does not have a pecuniary interest.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of a director's stock acquisition through dividend rights. It doesn't inherently indicate positive or negative sentiment, but rather provides transparency.

Positives

• The director's increased stake in the company could be seen as a positive signal to investors.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding the director's holdings.

Key Dates

Keywords

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