Republic Bancorp (RBCAA) Director Reports Purchase, Now Owns 20,901.5 Shares

Rhea-AI Filing Summary

Insider acquisition reported: Mark A. Vogt, a director of Republic Bancorp, purchased 145.33 shares of the company's Class A common stock on 09/30/2025 at a price of $72.25 per share. Following the transaction, Mr. Vogt is reported to beneficially own 20,901.5 shares directly and has investment discretion over an additional 10,000 shares held by a Delaware trust for his family. The filing also notes the addition of dividend equivalent rights since his last report and clarifies he disclaims beneficial ownership of trust shares in which he lacks a pecuniary interest.

Positive

• Director purchase recorded: Mark A. Vogt acquired 145.33 shares at $72.25, increasing direct beneficial ownership to 20,901.5 shares.

Negative

• None.

Insights

Financial Analyst

TL;DR Insider purchase of 145.33 shares at $72.25 signals limited but constructive insider buying.

The reported acquisition is a direct purchase by a company director and increases his direct beneficial holdings to 20,901.5 shares, with discretionary control over 10,000 trust shares. The trade size is modest relative to the total holding and does not indicate a material shift in ownership. The note about additional dividend equivalent rights is administrative and does not change outstanding share count. Overall, this is a routine Section 16 disclosure showing continued insider alignment with the issuer.

Corporate Governance Expert

TL;DR Disclosure is clear: director purchased stock and maintains investment discretion for a family trust.

The Form 4 accurately differentiates direct ownership from indirect holdings via a Delaware trust and includes a standard disclaimer of non-pecuniary trust interests. The filing documents a small open-market acquisition and updates on dividend equivalent rights. From a governance perspective, the report adheres to Section 16 reporting norms and raises no compliance concerns based on the information provided.

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
Estimated average burden
hours per response:			0.5

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^*

Vogt Mark A

(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
	Officer (give title below)		Other (specify below)

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		145.33	A	$72.25	20,901.5(1)	D
Class A Common Stock								10,000	I	By Delaware Trust(2)

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

Explanation of Responses:

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

2. The Reporting Person is the Investment Direction Advisor of a Delaware Trust for the benefit of him and his family. In this capacity, he retains investment discretion over shares of the Issuer held by the Trust. The Reporting Person disclaims beneficial ownership of any shares held by the trust in which he does not have a pecuniary interest.

	/s/ Kevin Sipes, Attorney-in-Fact	10/02/2025
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Mark A. Vogt report on Form 4 for RBCAA?

He reported a direct purchase of 145.33 Class A shares on 09/30/2025 at $72.25 per share.

How many RBCAA shares does Mark A. Vogt beneficially own after the reported transaction?

He is reported to beneficially own 20,901.5 shares directly and has discretion over 10,000 shares held by a Delaware trust.

What is the nature of the indirect holdings reported by Vogt in RBCAA?

He is the investment direction advisor of a Delaware trust that holds 10,000 shares for the benefit of him and his family and disclaims beneficial ownership where he lacks a pecuniary interest.

Did the Form 4 report any derivative transactions or options for RBCAA?

No derivative securities or option transactions are reported in the provided content; only non-derivative Class A common stock is listed.

What additional note did the filing include about dividend rights?

The filing states it reflects additional dividend equivalent rights acquired since the reporting person's last ownership report.