Cannon Yoania 4
Research Summary
AI-generated summary
Republic Bancorp (RBCAA) Director Yoania Receives 184 Shares
What Happened
Cannon Yoania, a director of Republic Bancorp, received 184.266 shares as an award (code A) on 2026-03-31. The transaction was recorded at $70.55 per share, for a total reported value of approximately $13,000. This was an award/dividend-equivalent acquisition, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-31; Price per share reported: $70.55; Shares received: 184.266; Total value ≈ $13,000.
- Filing date (accession): 2026-04-02 — filed two business days after the transaction, appearing timely.
- Shares owned after the transaction: not provided in the data supplied.
- Footnote: Reflects additional dividend equivalent rights acquired since the reporting person's last ownership report (i.e., this award represents dividend-equivalent crediting).
- Transaction type: A = Award/Grant (derivative/dividend-equivalent), not a purchase (P) or sale (S).
Context
Dividend-equivalent rights typically credit the holder with value tied to dividends on underlying shares and may be settled in cash or stock depending on the plan. Such awards are routine compensation/benefit actions for insiders and do not necessarily reflect a direct cash purchase or a change in opinion about the company's stock.