MARSHALL ERNEST W JR 4
Research Summary
AI-generated summary
Republic Bancorp (RBCAA) Director Ernest W. Marshall, Jr Receives Award
What Happened
- Ernest W. Marshall, Jr, a director of Republic Bancorp, received an award/acquisition of 133.948 shares on 2026-03-31 at an effective price of $70.55 per share, a total value of approximately $9,450. The Form 4 covering this transaction was filed on 2026-04-02 (transaction code A — award/grant/acquisition).
Key Details
- Transaction date and price: 2026-03-31 at $70.55 per share.
- Shares acquired: 133.948; approximate value: $9,450.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes: F1 notes 1.196 of the shares were acquired under the issuer’s dividend reinvestment plan (DRIP) since the last report; F2 reflects additional dividend equivalent rights acquired since the last report.
- Filing timeliness: Form filed 2026-04-02 covering the 2026-03-31 transaction; the filing appears timely.
Context
- This was an award/acquisition rather than an open-market purchase or sale. The footnotes indicate part of the increase came from dividend reinvestment and dividend equivalents, common mechanisms for insiders to accumulate shares without an active market purchase.
- The dollar amount (~$9.5k) is modest; such awards are routine and do not, by themselves, indicate a strong signal about management’s market view.