Republic Bancorp (RBCAA) Form 4 — DeWeese Reports Purchase and Option Holdings
Rhea-AI Filing Summary
Steven E. DeWeese, Executive Vice President and Managing Director of Commercial & Private Banking at Republic Bancorp, reported purchases and option holdings on Form 4. On 09/30/2025 he acquired 63.99 shares of Class A common stock at $72.25, bringing his total beneficial ownership to 33,583.54 shares. The filing also shows 9,461 shares held indirectly through a 401(k) plan and four outstanding employee stock options covering 7,552 shares in total with exercise prices of $35.92, $42.74, $49.25 and $68.02 and various exercisable/expiration dates between 03/10/2025 and 01/01/2031. The filing notes additional dividend equivalent rights were acquired since his last report. The document is signed by an attorney-in-fact on 10/02/2025.
Positive
- Acquisition reported: Purchase of 63.99 Class A shares at $72.25 on 09/30/2025
- Substantial beneficial ownership: Total reported beneficial ownership of 33,583.54 Class A shares
- Clear compensation disclosure: Four employee stock options totaling 7,552 underlying shares with specified exercise prices and expirations
- 401(k) holdings disclosed: 9,461 shares held indirectly via a retirement plan
Negative
- None.
Insights
TL;DR: Routine insider acquisition with modest direct purchase and existing option grants; not a material corporate event.
The transaction is a small open-market acquisition of 63.99 Class A shares at $72.25, increasing reported beneficial ownership to 33,583.54 shares. The report documents standard equity compensation: four option grants totaling 7,552 underlying shares with staggered exercise prices and expirations. The filing also discloses 9,461 shares held via a 401(k) plan and additional dividend equivalent rights since the prior report. This Form 4 appears to be a routine disclosure of compensation-related holdings and a minor purchase by an officer.
TL;DR: Filing shows standard executive equity holdings and a small purchase; disclosures are complete and executed by attorney-in-fact.
The Form 4 identifies the reporting person as an officer and provides ownership breakdowns: direct, indirect (401(k)), and derivative option positions. The explanatory note clarifies dividend equivalent rights were added since the last filing. The signature by an attorney-in-fact on 10/02/2025 satisfies execution requirements. There are no departures, grants outside normal compensation, or unusual transfer mechanisms disclosed.