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.
Positive
- None.
Negative
- None.
Insights
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.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 79.851 | $72.25 | $6K |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- Reflects additional dividend equivalent rights acquired since the date of the Reporting Person's last ownership report. Includes 47.875 shares acquired under the Issuer's employee stock purchase plan on September 30, 2025.