[Form 4] Republic Bancorp Inc/KY Insider Trading Activity

Rhea-AI Filing Summary

On 06/30/2025, Republic Bancorp (RBCAA) director Heather V. Howell executed an open-market purchase of 68.39 Class A common shares at $73.11 per share, for a total consideration of roughly $5,000. The transaction lifts her direct holding to 8,480.17 shares. Insider buying can be read as a confidence signal, yet the trade represents a negligible fraction of the company’s outstanding shares and is unlikely to affect ownership structure or valuation. Overall, this Form 4 is a routine disclosure with limited market impact.

Positive

• Insider buy by a board director signals incremental confidence in RBCAA’s prospects.

Negative

• Transaction size is immaterial, offering limited insight into broader insider sentiment or company valuation.

Insights

Securities Analyst

TL;DR: Small insider buy; positive signal but immaterial to valuation.

The 68-share purchase adds less than 0.01% to Republic Bancorp’s float and only modestly increases Howell’s stake. While insider buying typically suggests optimism about future performance, the dollar value (~$5k) is too small to materially shift sentiment or forecast earnings trends. I view the filing as neutral; investors may note the insider’s confidence but should not alter their models or risk assessments based solely on this event.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Howell Heather V

(Last) (First) (Middle)

601 W MARKET ST

(Street)

LOUISVILLE KY 40202

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
REPUBLIC BANCORP INC /KY/ [ RBCAA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	06/30/2025		A		68.39	A	$73.11	8,480.17	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Kevin Sipes, Attorney-in-Fact	07/02/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

Who was the insider in the RBCAA Form 4 filing?

Heather V. Howell, a director of Republic Bancorp, was the reporting person.

How many RBCAA shares were purchased and at what price?

The filing reports a purchase of 68.39 shares at $73.11 per share.

What is the insider's total direct ownership after the trade?

Howell now directly owns 8,480.17 Class A shares.

When did the transaction occur and when was the Form 4 filed?

The trade occurred on June 30, 2025, and the Form 4 was filed on July 2, 2025.

Does this filing indicate a significant change in RBCAA's ownership structure?

No; the purchase is small relative to total shares outstanding and does not materially alter insider ownership.

Was the trade executed under a Rule 10b5-1 plan?

The Form 4 does not indicate that the transaction was made pursuant to a Rule 10b5-1 plan.