Republic Bancorp (RBCAA) Form 4 — Insider Buy and Option Details

Rhea-AI Filing Summary

Republic Bancorp insider William R. Nelson, listed as President, reported transactions on 09/30/2025. The Form 4 shows a non-derivative Class A Common Stock acquisition (listed amount 79.85 at a price of $72.25) and a resulting reported beneficial ownership amount of 32,038.78 shares. The filing also lists three employee stock options covering 5,376, 4,484, and 3,244 Class A shares with exercise prices of $42.74, $49.25, and $68.02 and exercisable dates between 12/31/2025 and 01/01/2028.

Insights

Securities Analyst

TL;DR: Insider reported a small open-market purchase and holds multiple employee stock options, routine disclosure with limited market impact.

The Form 4 shows a reported acquisition of Class A common stock on 09/30/2025 at $72.25 and existing holdings totaling 32,038.78 shares as reported. The filing also details three employee stock options with staggered exercisability and expiration dates through 2031. These entries are standard Section 16 reporting items documenting ownership and option grants; they do not by themselves convey material corporate events or changes to governance or capital structure.

Corporate Governance Expert

TL;DR: Disclosure aligns with Section 16 requirements; entries are factual ownership and option details without material changes.

The form identifies William R. Nelson as a reporting person and President, and records both a non-derivative acquisition and multiple derivative securities (employee stock options). Dates, exercise prices, and share counts are provided for each option. This is a routine insider filing intended to keep public records current about officer ownership and option grants.

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^*

Nelson William R

(Last) (First) (Middle)

601 WEST MARKET STREET

(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)
	PRESIDENT, RPG

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		79.85	A	$72.25	32,038.78	D

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:

	/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 did William R. Nelson report on Form 4 for RBCAA?

The filing reports a non-derivative acquisition of Class A Common Stock on 09/30/2025 at a price of $72.25 and lists total reported beneficial ownership of 32,038.78 shares, plus three employee stock options.

How many employee stock options does the Form 4 list and what are their exercise prices?

Three options are listed covering 5,376, 4,484, and 3,244 shares with exercise prices of $42.74, $49.25, and $68.02 respectively.

When do the reported options become exercisable and when do they expire?

The options show exercisable dates of 12/31/2025, 01/01/2027, and 01/01/2028 with expiration dates of 12/31/2026, 01/01/2030, and 01/01/2031 respectively.

What is William R. Nelson's role at Republic Bancorp as listed on the form?

He is listed as President, RPG and as an officer reporting under Section 16.

Is this Form 4 filing indicative of a material corporate event?

The filing documents ownership and option holdings; it does not disclose any other corporate actions or material changes beyond standard insider transactions.