Republic Bancorp SVP Nardi Scott Surrenders 118 Shares for Taxes

What Happened Nardi Scott, Senior VP & Risk & Compliance Officer at Republic Bancorp, surrendered 118 shares on 2026-09-18 to satisfy a tax withholding obligation. The shares were valued at $93.84 each, totaling about $11,073. This was a withholding/disposition to cover taxes (routine), not an open-market sale or a directional bet.

Key Details

• Transaction date: 2026-09-18; Filing date: 2026-09-22 (filed within the required reporting window).
• Price per share: $93.84; Total value of shares surrendered: $11,073.
• Shares owned after transaction: not specified in the provided filing.
• Transaction code: F (payment of exercise price or tax liability via share withholding).
• Footnote: F1 notes additional dividend-equivalent rights were acquired since the Reporting Person's last ownership report.

Context This transaction reflects tax withholding (shares retained/surrendered to the issuer) related to award/dividend-equivalent compensation, a routine administrative action that does not necessarily indicate the insider's view on the stock. It differs from an open-market sale because the shares were used to cover tax liabilities rather than sold for cash to a third party.