Nardi Scott 4

What Happened

• Nardi Scott, Senior Vice President and Risk & Compliance Officer of Republic Bancorp, was granted/received a total of 1,705 shares on January 20, 2026. That consisted of 1,352 derivative shares with a reported value of $71.36 each (total value ~$96,479) and 353 dividend-equivalent shares reported at $0.00. These transactions are reported as awards/acquisitions (code A) rather than open-market purchases or sales.

Key Details

• Transaction date: 2026-01-20 (reported on Form 4 filed 2026-01-22).
• Items acquired: 1,352 derivative shares @ $71.36 each (total ~$96,479) and 353 dividend-equivalent shares @ $0.00.
• Footnote: F1 indicates the 353 shares reflect additional dividend-equivalent rights acquired since the last ownership report.
• Shares owned after transaction: not disclosed in the supplied summary of the filing.
• Timeliness: Form 4 was filed two days after the transaction date (appears timely under the 2-business-day rule).

Context

• These entries are award/acquisition events (often RSUs, dividend equivalents, or similar deferred equity compensation) rather than open-market trades. The $0.00 line typically reflects dividend-equivalent units added to an award and does not represent a cash purchase. Such awards are routine for executives and employees and do not by themselves indicate an intent to buy or sell company stock on the open market.