Director at Republic Bancorp (RBCAA) granted dividend-equivalent shares

Rhea-AI Filing Summary

Republic Bancorp director Vidya Ravichandran reported an acquisition of 184.266 shares of Class A Common Stock on a grant/award basis at $70.55 per share. The filing notes these represent additional dividend equivalent rights, bringing Ravichandran’s direct holdings to 3,185.210 shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Ravichandran Vidya

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	184.266	$70.55	$13K

Holdings After Transaction: Class A Common Stock — 3,185.21 shares (Direct)

Footnotes (1)

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Key Figures

Shares granted: 184.266 shares Grant price: $70.55 per share Total holdings after: 3,185.210 shares +3 more

6 metrics

Shares granted 184.266 shares Class A Common Stock grant/award on 2026-03-31

Grant price $70.55 per share Price associated with 184.266-share award

Total holdings after 3,185.210 shares Direct Class A Common Stock following transaction

Acquire transactions 1 transaction Form 4 transactionSummary acquireCount

Buy transactions 0 transactions Form 4 transactionSummary buyCount

Sell transactions 0 transactions Form 4 transactionSummary sellCount

Key Terms

Class A Common Stock, dividend equivalent rights, Grant, award, or other acquisition, Form 4

4 terms

Class A Common Stock financial

"security_title: "Class A Common Stock" for the reported transaction"

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.

dividend equivalent rights financial

"Reflects additional dividend equivalent rights acquired since the date of the Reporting Person's last ownership report"

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.

Grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Ravichandran Vidya

(Last) (First) (Middle)

601 W MARKET ST

(Street)

LOUISVILLE KENTUCKY 40202

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
REPUBLIC BANCORP INC /KY/ [ RBCAA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	03/31/2026		A		184.266	A	$70.55	3,185.21(1)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects additional dividend equivalent rights acquired since the date of the Reporting Person's last ownership report.

	/s/ Kevin Sipes, Attorney-in-Fact	04/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did RBCAA director Vidya Ravichandran report?

RBCAA director Vidya Ravichandran reported acquiring 184.266 shares of Class A Common Stock. The shares were received as a grant or award tied to dividend equivalent rights, rather than an open-market purchase, and were priced at $70.55 per share in the filing.

How many Republic Bancorp (RBCAA) shares does Vidya Ravichandran now hold?

After the reported transaction, Vidya Ravichandran holds 3,185.210 shares of Republic Bancorp Class A Common Stock directly. This total includes the newly acquired 184.266 shares received as dividend equivalent rights since the prior ownership report.

What was the price per share in the RBCAA Form 4 grant to Vidya Ravichandran?

The Form 4 lists a transaction price of $70.55 per share for the 184.266 Class A Common Stock shares. These were received as a grant or award representing additional dividend equivalent rights, rather than purchased in an open-market transaction.

What does ‘dividend equivalent rights’ mean in the RBCAA Form 4 footnote?

The footnote explains the transaction reflects additional dividend equivalent rights acquired since the last ownership report. This indicates the new 184.266 shares are linked to dividend equivalents on previously awarded interests, instead of being standard market trades.

Was the RBCAA Form 4 transaction a buy or a grant for Vidya Ravichandran?

The transaction is classified as a grant or award acquisition, not an open-market buy. The code “A” and description “Grant, award, or other acquisition” show the 184.266 shares came from compensation-linked dividend equivalent rights, not a discretionary stock purchase.