[Form 4] REPUBLIC BANCORP INC /KY/ Insider Trading Activity
Andrew Trager Kusman, a director of Republic Bancorp, filed a Form 4 reporting an acquisition on 09/30/2025. The filing shows he acquired 38.33 shares of Class A common stock at a price of $72.25 per share, and reports 1,566.81 shares owned following that transaction. The report also discloses substantial indirect holdings: 10,867.721 Class A shares held by Jaytee Properties Limited Partnership and 262,603.221 Class A shares held by Teebank Family Limited Partnership. The filing records additional dividend-equivalent rights and convertible Class B shares that are immediately convertible into Class A shares, with Jaytee and Teebank holding 2,435.108 and 64,275.609 underlying Class A shares respectively. The filing includes the reporting person’s relationship to the issuer as a director and notes a disclaimer of beneficial ownership to the extent of pecuniary interest. The form is signed by an attorney-in-fact on 10/02/2025.
Andrew Trager Kusman, un amministratore di Republic Bancorp, ha presentato un modulo 4 segnalando un’acquisizione in data 30/09/2025. La dichiarazione mostra che ha acquistato 38,33 azioni ordinarie di Classe A a 72,25 dollari ciascuna e riporta 1.566,81 azioni possedute dopo la transazione. Il fascicolo rivela inoltre consistenti partecipazioni indirette: 10.867,721 azioni Classe A detenute da Jaytee Properties Limited Partnership e 262.603,221 azioni Classe A detenute da Teebank Family Limited Partnership. La dichiarazione riporta diritti di dividendo-equivalente e azioni di Classe B convertibili immediatamente in azioni di Classe A, con Jaytee e Teebank che detengono rispettivamente 2.435,108 e 64.275,609 azioni Classe A sottostanti. Il fascicolo comprende la relazione tra la persona che presenta la dichiarazione e l’emittente in qualità di amministratore e segnala una rinuncia della proprietà beneficiaria entro l’ambito dell’interesse pecuniario. Il modulo è firmato da un procuratore-in-fatto in data 02/10/2025.
Andrew Trager Kusman, director de Republic Bancorp, presentó un Formulario 4 informando una adquisición el 30/09/2025. El registro indica que adquirió 38,33 acciones ordinarias de Clase A a un precio de 72,25 dólares por acción, y reporta 1.566,81 acciones en propiedad tras dicha operación. El informe también revela participaciones indirectas sustanciales: 10.867,721 acciones Clase A en poder de Jaytee Properties Limited Partnership y 262.603,221 acciones Clase A en poder de Teebank Family Limited Partnership. El registro también divulga derechos de dividendos equivalentes y acciones de Clase B que son convertible de inmediato en acciones de Clase A, con Jaytee y Teebank detentando 2.435,108 y 64.275,609 acciones Clase A subyacentes, respectivamente. El reporte incluye la relación del informante con la emisora como director y señala una renuncia de la titularidad beneficiosa en la medida de interés pecuniario. El formulario está firmado por un apoderado el 02/10/2025.
앤드류 트레이거 쿠스먼은 Republic Bancorp의 이사로 2025년 9월 30일에 형식 4를 제출하여 취득 사실을 보고했습니다. 서류에 따르면 그는 주당 72.25달러에 A 클래스 일반주 38.33주를 매수했고, 그 거래 이후 보유 주식은 1,566.81주로 보고됩니다. 또한 Jaytee Properties Limited Partnership가 보유한 A 클래스 주식 10,867.721주와 Teebank Family Limited Partnership가 보유한 A 클래스 주식 262,603.221주로 상당한 간접 보유가 있음이 공개되었습니다. 보고서는 배당금-동일가 권리와 즉시 A 클래스 주식으로 전환 가능한 B 클래스 주식도 기재하며, Jaytee와 Teebank가 각각 기초 A 주식으로 2,435.108주 및 64,275.609주를 보유하고 있음을 명시합니다. 보고서는 발행자와의 관계를 이사로서의 신분으로 포함하고, 이해 관계의 정도에 따라 실질적 소유권 포기의 면책을 언급합니다. 양식은 2025년 10월 2일에 대리인이 서명했습니다.
Andrew Trager Kusman, administrateur de Republic Bancorp, a déposé un Formulaire 4 signalant une acquisition le 30/09/2025. Le document indique qu’il a acquis 38,33 actions ordinaires de Classe A au prix de 72,25 dollars par action, et il est indiqué qu’il détient 1.566,81 actions après cette transaction. Le rapport dévoile également d’importantes participations indirectes: 10.867,721 actions Classe A détenues par Jaytee Properties Limited Partnership et 262.603,221 actions Classe A détenues par Teebank Family Limited Partnership. Le dossier mentionne aussi des droits de dividende équivalent et des actions de Classe B convertibles immédiatement en actions de Classe A, Jaytee et Teebank détenant respectivement 2.435,108 et 64.275,609 actions Classe A sous-jacentes. Le document précise la relation de la personne déclarant avec l’émetteur en tant que directeur et note une décharge de la propriété bénéficiaire dans la mesure de l’intérêt pécuniaire. Le formulaire est signé par un mandataire le 02/10/2025.
Andrew Trager Kusman, Direktor von Republic Bancorp, reichte ein Formular 4 ein und meldete am 30.09.2025 eine Anschaffung. In der Einreichung wird angegeben, dass er 38,33 Stammaktien der Klasse A zu einem Preis von 72,25 USD pro Aktie erworben hat und nach dieser Transaktion 1.566,81 Aktien besitzt. Der Bericht offenbart zudem erhebliche indirekte Beteiligungen: 10.867,721 Aktien der Klasse A, gehalten von Jaytee Properties Limited Partnership, und 262.603,221 Aktien der Klasse A, gehalten von Teebank Family Limited Partnership. Der Bericht führt außerdem Dividendengleichwertigkeitsrechte und in sofort in Klasse A wandelbare Klasse-B-Aktien auf, wobei Jaytee und Teebank jeweils 2.435,108 bzw. 64.275,609 zugrunde liegende Klasse-A-Aktien halten. Der Bericht enthält die Beziehung der meldenden Person zum Emittenten als Direktor und vermerkt einen Verzicht auf die wirtschaftliche Eigentümerschaft in dem Ausmaß des wirtschaftlichen Interesses. Das Formular ist von einem Bevollmächtigten am 02.10.2025 unterzeichnet.
أندرو تريجر كوسمان، مدير في Republic Bancorp، قدم نموذج 4 يذكر عملية اكتساب في 30/09/2025. يظهر القيد أنه اشترى 38.33 سهماً من فئة A العادية بسعر 72.25 دولاراً للسهم، ويُبلغ عن امتلاكه 1,566.81 سهماً بعد هذه المعاملة. كما يكشف التقرير عن ممتلكات غير مباشرة كبيرة: 10,867.721 سهماً من فئة A مملوكة لشراكة Jaytee Properties Limited Partnership و262,603.221 سهماً من فئة A مملوكة لشراكة Teebank Family Limited Partnership. يسجل التقرير أيضاً حقوقاً في توزيعات معادلة وأسهم فئة B قابلة للتحويل فوراً إلى أسهم فئة A، مع امتلاك Jaytee وTeebank 2,435.108 و64,275.609 سهماً أساسياً من فئة A على التوالي. يتضمن التقرير علاقة الشخص المبلغ لها مع المُصدر بصفته مديراً، ويشير إلى التخلي عن الملكية المستفادا حتى حد المصلحة المالية. تم توقيع النموذج من قبل وكيل نيابة في التاريخ 02/10/2025.
Andrew Trager Kusman，Republic Bancorp 的董事，提交了一个 Form 4，报告于 2025-09-30 的一项收购。 该 filing 显示他以每股 72.25 美元的价格购买了 38.33 股 A 类普通股，交易后持有 1,566.81 股。 filing 还披露了重大间接持有：Jaytee Properties Limited Partnership 持有的 10,867.721 股 A 类股，以及 Teebank Family Limited Partnership 持有的 262,603.221 股 A 类股。 filing 还记载了股息等值权和可立即转换为 A 类股的 B 类股，其中 Jaytee 和 Teebank 分别持有 2,435.108 股和 64,275.609 股的基础 A 类股。 filing 包含披露人与发行人之关系为董事，并注记在经济利益范围内放弃受益所有权。该表格由代理律师于 2025-10-02 签名。
- Director acquisition recorded: 38.33 Class A shares purchased at $72.25, demonstrating an insider buy reported under Section 16
- Large disclosed indirect holdings: 10,867.721 shares via Jaytee Properties LP and 262,603.221 shares via Teebank Family LP increase transparency about related-party ownership
- Convertible shares disclosed: Class B shares are immediately convertible one-for-one into Class A, clarifying potential share conversion impact
- None.
Insights
TL;DR: Director reported a small personal purchase and large indirect family-related holdings, consistent with stewardship but not an immediate market-moving change.
The 38.33-share acquisition at $72.25 is a direct purchase of modest size and is explicitly recorded. More materially, the filing documents large indirect positions via two family limited partnerships: Jaytee Properties LP and Teebank Family LP, totaling 273,470.942 Class A shares combined when adding stated indirect holdings. The disclosure of dividend-equivalent rights and immediately convertible Class B stock increases the effective economic exposure. The reporting person disclaims beneficial ownership beyond pecuniary interest, which is typical for limited partners and trusts. Overall, this is primarily an ownership disclosure rather than a substantive change to corporate control or capital structure.
TL;DR: Filing documents standard Section 16 reporting for a director with family partnership holdings and a small direct acquisition.
The report clarifies relationships: the reporter is a director, a limited partner in Jaytee, and co-trustee/limited partner related to Teebank. Those relationships explain indirect holdings and the disclaimer of broader beneficial ownership. The presence of immediately convertible Class B shares and dividend-equivalent rights is noted but described as standard mechanics with conversion on a one-for-one basis. The signed Form 4 and attorney-in-fact signature indicate timely compliance. From a governance perspective, disclosures appear complete and routine.
Andrew Trager Kusman, un amministratore di Republic Bancorp, ha presentato un modulo 4 segnalando un’acquisizione in data 30/09/2025. La dichiarazione mostra che ha acquistato 38,33 azioni ordinarie di Classe A a 72,25 dollari ciascuna e riporta 1.566,81 azioni possedute dopo la transazione. Il fascicolo rivela inoltre consistenti partecipazioni indirette: 10.867,721 azioni Classe A detenute da Jaytee Properties Limited Partnership e 262.603,221 azioni Classe A detenute da Teebank Family Limited Partnership. La dichiarazione riporta diritti di dividendo-equivalente e azioni di Classe B convertibili immediatamente in azioni di Classe A, con Jaytee e Teebank che detengono rispettivamente 2.435,108 e 64.275,609 azioni Classe A sottostanti. Il fascicolo comprende la relazione tra la persona che presenta la dichiarazione e l’emittente in qualità di amministratore e segnala una rinuncia della proprietà beneficiaria entro l’ambito dell’interesse pecuniario. Il modulo è firmato da un procuratore-in-fatto in data 02/10/2025.
Andrew Trager Kusman, director de Republic Bancorp, presentó un Formulario 4 informando una adquisición el 30/09/2025. El registro indica que adquirió 38,33 acciones ordinarias de Clase A a un precio de 72,25 dólares por acción, y reporta 1.566,81 acciones en propiedad tras dicha operación. El informe también revela participaciones indirectas sustanciales: 10.867,721 acciones Clase A en poder de Jaytee Properties Limited Partnership y 262.603,221 acciones Clase A en poder de Teebank Family Limited Partnership. El registro también divulga derechos de dividendos equivalentes y acciones de Clase B que son convertible de inmediato en acciones de Clase A, con Jaytee y Teebank detentando 2.435,108 y 64.275,609 acciones Clase A subyacentes, respectivamente. El reporte incluye la relación del informante con la emisora como director y señala una renuncia de la titularidad beneficiosa en la medida de interés pecuniario. El formulario está firmado por un apoderado el 02/10/2025.
앤드류 트레이거 쿠스먼은 Republic Bancorp의 이사로 2025년 9월 30일에 형식 4를 제출하여 취득 사실을 보고했습니다. 서류에 따르면 그는 주당 72.25달러에 A 클래스 일반주 38.33주를 매수했고, 그 거래 이후 보유 주식은 1,566.81주로 보고됩니다. 또한 Jaytee Properties Limited Partnership가 보유한 A 클래스 주식 10,867.721주와 Teebank Family Limited Partnership가 보유한 A 클래스 주식 262,603.221주로 상당한 간접 보유가 있음이 공개되었습니다. 보고서는 배당금-동일가 권리와 즉시 A 클래스 주식으로 전환 가능한 B 클래스 주식도 기재하며, Jaytee와 Teebank가 각각 기초 A 주식으로 2,435.108주 및 64,275.609주를 보유하고 있음을 명시합니다. 보고서는 발행자와의 관계를 이사로서의 신분으로 포함하고, 이해 관계의 정도에 따라 실질적 소유권 포기의 면책을 언급합니다. 양식은 2025년 10월 2일에 대리인이 서명했습니다.
Andrew Trager Kusman, administrateur de Republic Bancorp, a déposé un Formulaire 4 signalant une acquisition le 30/09/2025. Le document indique qu’il a acquis 38,33 actions ordinaires de Classe A au prix de 72,25 dollars par action, et il est indiqué qu’il détient 1.566,81 actions après cette transaction. Le rapport dévoile également d’importantes participations indirectes: 10.867,721 actions Classe A détenues par Jaytee Properties Limited Partnership et 262.603,221 actions Classe A détenues par Teebank Family Limited Partnership. Le dossier mentionne aussi des droits de dividende équivalent et des actions de Classe B convertibles immédiatement en actions de Classe A, Jaytee et Teebank détenant respectivement 2.435,108 et 64.275,609 actions Classe A sous-jacentes. Le document précise la relation de la personne déclarant avec l’émetteur en tant que directeur et note une décharge de la propriété bénéficiaire dans la mesure de l’intérêt pécuniaire. Le formulaire est signé par un mandataire le 02/10/2025.
Andrew Trager Kusman, Direktor von Republic Bancorp, reichte ein Formular 4 ein und meldete am 30.09.2025 eine Anschaffung. In der Einreichung wird angegeben, dass er 38,33 Stammaktien der Klasse A zu einem Preis von 72,25 USD pro Aktie erworben hat und nach dieser Transaktion 1.566,81 Aktien besitzt. Der Bericht offenbart zudem erhebliche indirekte Beteiligungen: 10.867,721 Aktien der Klasse A, gehalten von Jaytee Properties Limited Partnership, und 262.603,221 Aktien der Klasse A, gehalten von Teebank Family Limited Partnership. Der Bericht führt außerdem Dividendengleichwertigkeitsrechte und in sofort in Klasse A wandelbare Klasse-B-Aktien auf, wobei Jaytee und Teebank jeweils 2.435,108 bzw. 64.275,609 zugrunde liegende Klasse-A-Aktien halten. Der Bericht enthält die Beziehung der meldenden Person zum Emittenten als Direktor und vermerkt einen Verzicht auf die wirtschaftliche Eigentümerschaft in dem Ausmaß des wirtschaftlichen Interesses. Das Formular ist von einem Bevollmächtigten am 02.10.2025 unterzeichnet.
FAQ
What did RBCAA director Andrew Trager Kusman report on Form 4?
How many Republic Bancorp (RBCAA) shares are indirectly held by related partnerships?
Are there convertible securities disclosed in the Form 4 for RBCAA?
What relationship does the reporting person have with Republic Bancorp (RBCAA)?
When was the Form 4 signed and by whom?
