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

Rhea-AI Filing Summary

Republic Bancorp Inc. (RBCAA) filed a Form 4 disclosing that President & CEO Logan Pichel acquired 92.06 Class A common shares on 30 June 2025 at an average price of $73.11. Following the transaction, he holds 56,221.79 shares directly and 1,509.73 shares indirectly through the company’s 401(k) plan.

The report also adjusts totals for dividend reinvestment, employee stock purchase plan activity and fractional-share rounding under a new plan administrator. No shares were sold, and no new derivative grants or option exercises occurred; existing options covering 52,420 shares remain outstanding with strike prices between $42.74 and $68.02.

With an implied purchase value of roughly $6.7 thousand, the trade is immaterial relative to Pichel’s stake and the company’s market capitalisation. While continued net buying by the chief executive can be interpreted as a modest vote of confidence, the size suggests a routine, low-impact insider transaction rather than a catalyst for the stock.

Insights

Securities Analyst

TL;DR: Small CEO purchase; negligible financial effect; neutral signal for valuation.

The 92-share buy is worth about $7 k and raises Logan Pichel’s direct ownership by less than 0.2 %. With no sales or option exercises, insider bias stays marginally positive, yet the dollar amount is far below thresholds that typically precede price outperformance. The filing appears administrative—reflecting dividend equivalents and ESPP activity—so I rate the impact on Republic Bancorp’s investment thesis as neutral.

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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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^*

PICHEL LOGAN

(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
X	Officer (give title below)		Other (specify below)
	PRESIDENT & CEO, REPUBLIC BANK

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		92.06	A	$73.11	56,221.79(1)(2)(3)(4)	D
Class A Common Stock								1,509.73(5)	I	By 401(k) Plan

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
Employee Stock Option (right to buy)	$42.74							12/31/2025	12/31/2026	Class A Common Stock	21,505		21,505	D
Employee Stock Option (right to buy)	$49.25							01/01/2027	01/01/2030	Class A Common Stock	17,937		17,937	D
Employee Stock Option (right to buy)	$68.02							01/01/2028	01/01/2031	Class A Common Stock	12,978		12,978	D

Explanation of Responses:

1. Reflects additional dividend equivalent rights acquired since the date of the Reporting Person's last ownership report.

2. Includes 55.20 shares acquired under the Issuer's employee stock purchase plan on June 30, 2025.

3. Total shares have been adjusted due to a change in the Republic Bancorp, Inc. Employee Stock Purchase Plan administrator and how fractional shares are reported by the new administrator. Fractional shares granted through the Employee Stock Purchase Plan were cashed out when the Issuer engaged the new plan administrator.

4. Includes 242.48 shares acquired under the Issuer's dividend reinvestment plan since the date of the Reporting Person's last ownership report.

5. Reflects additions to and change in value of 401(k) plan since the date of the Reporting Person's last ownership report.

	/s/ Logan Pichel	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.
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FAQ

How many Republic Bancorp (RBCAA) shares did CEO Logan Pichel buy?

He purchased 92.06 Class A common shares on 30 June 2025.

At what price were the RBCAA shares acquired?

The shares were bought at an average price of $73.11 per share.

What is Logan Pichel’s total RBCAA share ownership after the transaction?

He now owns 56,221.79 shares directly and 1,509.73 shares indirectly via the 401(k) plan.

Did the Form 4 report any stock sales or option exercises?

No sales or option exercises were reported; only a small share purchase and routine adjustments.

How many stock options does Logan Pichel hold?

He holds 52,420 options across three grants with strikes of $42.74, $49.25 and $68.02, expiring between 2026 and 2031.

Is the purchase linked to a Rule 10b5-1 trading plan?

The filing does not indicate that the transaction was made under a Rule 10b5-1 plan.