VanAllen Cheryl 4

What Happened Cheryl VanAllen, EVP & Chief People Officer of Republic Bancorp (RBCAA), received an equity award on Jan 20, 2026. The Form 4 reports two acquisitions: 353 shares reported at $0.00 (award/grant) and 1,352 derivative units priced at $71.36 each, valued at $96,479. Both items are coded as "A" (award/grant), so these are compensation-related grants rather than open-market purchases or sales.

Key Details

• Transaction date: 2026-01-20; Form 4 filed: 2026-01-22 (timely).
• Items acquired: 353 shares @ $0.00 (award) + 1,352 derivative units @ $71.36 (total $96,479).
• Total units received: 1,705.
• Shares owned after transaction: not disclosed in the provided filing.
• Footnote F1: reflects additional dividend equivalent rights acquired since the reporting person’s last ownership report (i.e., part of the derivative/ dividend-equivalent component).
• Transaction code: A = Award/Grant. No sales or open-market purchases reported.

Context Awards and derivative/dividend-equivalent units are common forms of executive compensation and do not represent an open-market purchase (a direct bullish vote) or a sale. The derivative units reported here reflect dividend-equivalent rights tied to previously granted awards, per the footnote. This filing is informational — it shows receipt of compensation-related equity but does not by itself indicate the executive’s trading sentiment.