4//SEC Filing
Montano Juan 4
Accession 0001647430-26-000004
CIK 0000921557other
Filed
Jan 21, 7:00 PM ET
Accepted
Jan 22, 10:19 AM ET
Size
11.8 KB
Accession
0001647430-26-000004
Research Summary
AI-generated summary of this filing
Republic Bancorp (RBCAA) EVP Juan Montano Receives Stock Award
What Happened
- Juan Montano, EVP & Chief Mortgage Banking Officer at Republic Bancorp (RBCAA), received awards on 2026-01-20. The Form 4 reports acquisition of 1,352 derivative shares at $71.36 each (total value $96,479) and 353 shares reported at $0 (dividend-equivalent rights). Transaction code A indicates these were grants/awards, not open-market purchases or sales.
Key Details
- Transaction date: 2026-01-20; Form 4 filed: 2026-01-22 (timely filing).
- Awarded: 1,352 derivative shares @ $71.36 = $96,479.
- Also reported: 353 shares @ $0 (per footnote F1, these reflect additional dividend equivalent rights).
- Footnote F2 notes changes related to a 401(k) plan since the last report (included in the filing).
- Shares owned after the transaction: not specified on the information provided in this summary.
Context
- Code A = grant/award. The 1,352 "derivative" shares are likely restricted stock units or similar equity awards rather than stock bought in the open market; the 353 $0 shares reflect dividend-equivalent rights (per F1). Such awards are common as compensation and do not necessarily indicate the insider’s personal buying/selling sentiment.
Insider Transaction Report
Form 4
Montano Juan
EVP, CHIEF MTG BANKING OFFICER
Transactions
- Award
Class A Common Stock
[F1]2026-01-20+353→ 12,781.888 total - Award
Employee Stock Option (right to buy)
2026-01-20$71.36/sh+1,352$96,479→ 1,352 totalExercise: $71.36From: 2029-01-01Exp: 2032-01-01→ Class A Common Stock (1,352 underlying)
Holdings
- 4,538.927(indirect: By 401(k))
Class A Common Stock
[F2] - 2,688
Employee Stock Option (right to buy)
Exercise: $42.74From: 2025-12-31Exp: 2026-12-31→ Class A Common Stock (2,688 underlying) - 2,242
Employee Stock Option (right to buy)
Exercise: $49.25From: 2027-01-01Exp: 2030-01-01→ Class A Common Stock (2,242 underlying) - 1,622
Employee Stock Option (right to buy)
Exercise: $68.02From: 2028-01-01Exp: 2031-01-01→ Class A Common Stock (1,622 underlying)
Footnotes (2)
- [F1]Reflects additional dividend equivalent rights acquired since the date of the Reporting Person's last ownership report.
- [F2]Reflects additions to and change in value of 401(k) plan since the date of the Reporting Person's last ownership report.
Signature
/s/ Kevin Sipes, Attorney-in-Fact|2026-01-22
Documents
Issuer
REPUBLIC BANCORP INC /KY/
CIK 0000921557
Entity typeother
Related Parties
1- filerCIK 0001647430
Filing Metadata
- Form type
- 4
- Filed
- Jan 21, 7:00 PM ET
- Accepted
- Jan 22, 10:19 AM ET
- Size
- 11.8 KB