Republic Bancorp (RBCAA) Director Alejandro Sanchez Sells 1,044 Shares

What Happened

• Alejandro M. Sanchez, a director of Republic Bancorp, reported an open-market sale of 1,044 shares on February 26, 2026. The shares were disposed at $71.04 per share for total proceeds of $74,166. This was a sale (S) transaction; sales by directors are often routine and do not necessarily indicate a change in company outlook.

Key Details

• Transaction date: 2026-02-26
• Transaction type: Open market sale (code S)
• Shares sold: 1,044 at $71.04 each
• Gross proceeds: $74,166
• Footnote: F1 — "Reflects additional dividend equivalent rights acquired by Reporting Person."
• Filing date: 2026-03-02 (filed two business days after the transaction; appears timely)
• Shares owned after transaction: Not specified in the provided filing excerpt

Context

• The filing notes the reporter also acquired additional dividend equivalent rights (see F1); the filing does not explain the source or nature of those rights beyond the footnote. No indication of options exercise, 10b5-1 plan, or gift was provided in the excerpt. This summary is factual and does not infer motivation behind the sale.