Insider Trading March 2, 2026

Republic Bancorp Vice Chairman Adds $10,499 in Class A Shares

Scott Trager purchases 147.613 Class A shares as dividend increased and valuation flagged by InvestingPro

By Maya Rios RBCAA
Republic Bancorp Vice Chairman Adds $10,499 in Class A Shares
RBCAA

Republic Bancorp Vice Chairman Scott Trager purchased 147.613 shares of Class A common stock on February 26, 2026, for $71.13 per share, a transaction totaling $10,499. The move comes amid an InvestingPro assessment that the stock is undervalued at a P/E of 10.52 and following a 10% increase in the company’s quarterly cash dividend to be paid on April 17, 2026.

Key Points

  • Vice Chairman Scott Trager purchased 147.613 Class A shares on February 26, 2026 at $71.13 per share, totaling $10,499.
  • InvestingPro indicates Republic Bancorp trades at a P/E of 10.52 and is undervalued relative to its Fair Value; the company has raised its dividend for 12 consecutive years and yields 2.87%.
  • Republic Bancorp declared a 10% increase in its quarterly cash dividend, with payments of $0.495 per Class A share and $0.45 per Class B share scheduled for April 17, 2026 (record date March 20, 2026).

Republic Bancorp (NASDAQ:RBCAA) reported an insider purchase on February 26, 2026, when Vice Chairman Scott Trager acquired 147.613 shares of the company’s Class A common stock at $71.13 per share. The transaction amounted to $10,499.00.

The purchase accompanies recent market and company-level signals highlighted by third-party analysis. Republic Bancorp trades at a price-to-earnings ratio of 10.52. InvestingPro’s assessment, cited in company filings and market notices, indicates the stock is undervalued relative to its Fair Value. InvestingPro also notes that Republic Bancorp has raised its dividend for 12 consecutive years and currently yields 2.87%.


Insider holdings following the purchase

  • Directly held by Scott Trager: 203,385.679 shares
  • Indirect holdings - 401(k) Plan: 57,684.209 shares
  • Indirect holdings - Jaytee Properties Limited Partnership: 1,985.052 shares
  • Indirect holdings - Teebank Family Limited Partnership: 17,231.037 shares
  • Indirect holdings - Trager Family Irrevocable Trust: 60,420 shares

Those figures reflect the combined direct and indirect stakes tied to Trager following the February 26 transaction.


Dividend action and payout schedule

In a separate corporate action, Republic Bancorp announced a 10% increase in its quarterly cash dividend. The company set the payment for April 17, 2026, with shareholders of record as of March 20, 2026 eligible to receive the distribution. Under the increase, the company will pay $0.495 per share on Class A common stock and $0.45 per share on Class B common stock.

The dividend adjustment was presented as part of recent corporate developments and framed as an element of the company’s approach to returning value to holders. The report did not include specific analyst commentary related to the dividend change.


Investor resources and valuation notes

The InvestingPro service referenced in the filing provides additional context and tools for investors. According to the notice, subscribers can access five additional ProTips and comprehensive valuation metrics on InvestingPro that expand on the assessment that Republic Bancorp is trading below its Fair Value.

The transaction and dividend announcement together supply investors with updated data points on insider behavior, income return via dividends, and third-party valuation perspective. The company’s P/E ratio, the dividend record, and Trager’s combined holdings remain the primary factual elements disclosed in the filings and notices reviewed.

Risks

  • The article does not include analyst reactions to the dividend increase, leaving external market interpretation of the move unspecified - this affects investor sentiment in the banking and financials sector.
  • Valuation conclusions are drawn from InvestingPro analysis; reliance on a single third-party service introduces uncertainty about broader market consensus - relevant to valuation-sensitive investors in financials.
  • Insider buying and dividend increases are factual data points but do not guarantee future performance or changes in share price, creating an uncertainty for equity investors in the banking sector.

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