Form 4: Republic Bancorp Executive Acquires Shares and Dividend Equivalents
SEC Form 4
Jeff Starke, EVP and Chief Information Officer of Republic Bancorp, reports acquisition of shares and dividend equivalent rights, along with adjustments to holdings in the 401(k) plan.
Summary
- On March 31, 2025, Jeff Starke, EVP and Chief Information Officer of Republic Bancorp, acquired 90.399 shares of Class A Common Stock at $63.82 per share.
- Starke also acquired additional dividend equivalent rights.
- There were additions to and changes in the value of Starke's 401(k) plan.
- Starke holds employee stock options with various exercise prices and expiration dates.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It simply reports transactions.
Positives
- The acquisition of shares by an executive could be interpreted as a positive signal about the executive's confidence in the company's future prospects.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives.
Stakeholder Impact
- The acquisition of shares by an executive could increase investor confidence.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Expiration date for employee stock options with an exercise price of $51.39. |
| 12/31/2025 | Expiration date for employee stock options with an exercise price of $51.39. |
| 12/31/2025 | Expiration date for employee stock options with an exercise price of $42.74. |
| 12/31/2026 | Expiration date for employee stock options with an exercise price of $42.74. |
| 01/01/2027 | Exercisable date for employee stock options with an exercise price of $49.25. |
| 01/01/2030 | Expiration date for employee stock options with an exercise price of $49.25. |
| 01/01/2028 | Exercisable date for employee stock options with an exercise price of $68.02. |
| 01/01/2031 | Expiration date for employee stock options with an exercise price of $68.02. |
| 03/31/2025 | Date of transaction: acquisition of Class A Common Stock and dividend equivalent rights. |
| 04/02/2025 | Date of filing of the Form 4. |
Keywords
Republic Bancorp, RBCAA, Jeff Starke, insider trading, Form 4, stock options, dividend reinvestment, 401(k), executive compensation
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