Vogt Mark A 4
Research Summary
AI-generated summary
Republic Bancorp (RBCAA) Director Mark Vogt Receives Award
What Happened
- Mark A. Vogt, a director of Republic Bancorp, received an award/acquisition of 226.79 shares on March 31, 2026. The reported per-share value was $70.55 for a total reported value of $16,000. The transaction is coded as an award/grant (A), reflecting additional dividend equivalent rights rather than an open-market purchase.
Key Details
- Transaction date and terms: 2026-03-31; 226.79 shares @ $70.55 each; total reported value $16,000.
- Filing: Form 4 filed 2026-04-02 (appears timely under Form 4 reporting rules).
- Shares owned after transaction: not stated in the provided filing excerpt.
- Footnotes:
- F1: These shares reflect additional dividend equivalent rights acquired since the reporter’s last ownership report.
- F2: Vogt is the investment direction advisor of a Delaware trust that holds issuer shares; he disclaims beneficial ownership of trust shares in which he has no pecuniary interest.
Context
- This was an award of dividend-equivalent rights (not an open-market buy); such awards are typically compensation-related and do not necessarily signal a personal market bet.
- Because the transaction was an acquisition (award), it increases reported holdings for the recipient but may reflect company compensation or plan mechanics rather than a direct purchase by the insider.