Republic Bancorp (RBCAA) CFO Reports ESPP Purchase and Option Holdings

Rhea-AI Filing Summary

Kevin D. Sipes, EVP & Chief Financial Officer of Republic Bancorp, Inc. (RBCAA), reported insider purchases and option holdings. The Form 4 shows a purchase on 09/30/2025 of 79.851 Class A shares (including 47.875 shares from the employee stock purchase plan) at $72.25 per share, leaving the reporting person with 73,860.674 beneficially owned Class A shares (direct) plus 3,979.51 shares held indirectly via a 401(k) plan. The filing also discloses three outstanding employee stock options totaling 13,104 underlying shares exercisable at $42.74, $49.25, and $68.02 with expirations in 2026, 2030 and 2031 respectively. The report is signed and dated 10/02/2025.

Insights

Corporate Governance Expert

Insider buying by the CFO signals continued personal investment in the company.

The CFO acquired 79.851 Class A shares on 09/30/2025, including 47.875 shares via the company ESPP, and reports substantial direct beneficial ownership (73,860.674 shares). From a governance perspective, regular participation in employee plans and holding sizable equity stakes aligns executive and shareholder interests and is a routine disclosure under Section 16 filings.

What to watch: Changes in reported beneficial ownership in future Forms 4 or Form 5 filings.

Equity Compensation Analyst

CFO holds multiple employee stock options with staggered exercise windows and varying strike prices.

The filing lists three employee stock options covering 13,104 underlying Class A shares exercisable between 12/31/2025 and 01/01/2028 with expirations through 01/01/2031 and strikes of $42.74, $49.25 and $68.02. These grants reflect typical multi‑year compensation structures and remain unexercised as of the report date.

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

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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).

1. Name and Address of Reporting Person^*

SIPES KEVIN D

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & CHIEF FINANCIAL OFFICER

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025

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	09/30/2025		A		79.851	A	$72.25	73,860.674(1)(2)	D
Class A Common Stock								3,979.51	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	5,376		5,376	D
Employee Stock Option (right to buy)	$49.25							01/01/2027	01/01/2030	Class A Common Stock	4,484		4,484	D
Employee Stock Option (right to buy)	$68.02							01/01/2028	01/01/2031	Class A Common Stock	3,244		3,244	D

Explanation of Responses:

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

2. Includes 47.875 shares acquired under the Issuer's employee stock purchase plan on September 30, 2025.

	/s/ Kevin Sipes	10/02/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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