Republic Bancorp insider files Form 4; 22,465 options disclosed

Rhea-AI Filing Summary

Republic Bancorp insider Jeff Starke reported transactions in the company’s Class A common stock and holds several employee stock options. On 09/30/2025 he acquired 79.851 shares at $72.25 and, after the reported transactions and adjustments, beneficially owns 5,037.294 Class A shares in total. The report also shows 833.52 shares held indirectly through a 401(k) plan and dividend reinvestment additions of 11.68 shares since his last report. In addition, Mr. Starke holds employee stock options covering 22,465 underlying shares with exercise prices of $51.39, $42.74, $49.25, and $68.02 and various exercisability and expiration dates through 2031. The filing documents routine insider acquisition activity and the executive’s outstanding option exposure, all disclosed under Section 16.

Positive

• Direct acquisition of 79.851 Class A shares at $72.25, increasing the reporting person’s direct stake to 5,037.294 shares
• 401(k) and dividend reinvestment activity added to indirect ownership, including 833.52 shares in the 401(k) and 11.68 shares from dividend reinvestment
• Transparency on equity compensation: disclosure of employee stock options covering 22,465 underlying shares with specified exercise prices and dates

Negative

• None.

Insights

Corporate Insider / Governance Analyst

Insider increased direct holdings modestly and retains substantial option exposure.

The reported purchase of 79.851 shares at $72.25 modestly raises Mr. Starke’s direct stake to 5,037.294 shares, with an additional 833.52 shares indirectly held in a 401(k) plan. This is a routine disclosure showing both direct purchases and plan-related ownership changes.

The officer also holds 22,465 optioned shares across four grants with exercise prices ranging from $42.74 to $68.02, indicating ongoing potential equity dilution and future insider alignment with shareholder outcomes when options are exercised.

Compensation / Equity Specialist

Outstanding option grants create significant future equity exposure for the reporting person.

The four employee stock option grants total 22,465 underlying shares with staggered exercisability and expirations through 2031. These option positions are a common element of executive compensation and represent potential future purchases of stock by the insider at preset prices.

Such option holdings can affect share count and executive incentive alignment but the filing only presents quantities and strike prices without change-in-control or acceleration details.

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^*

Starke Jeff

(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 INFORMATION 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	5,037.294(1)(2)	D
Class A Common Stock								833.52(3)	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)	$51.39							12/31/2024	12/31/2025	Class A Common Stock	6,085		6,085	D
Employee Stock Option (right to buy)	$42.74							12/31/2025	12/31/2026	Class A Common Stock	6,720		6,720	D
Employee Stock Option (right to buy)	$49.25							01/01/2027	01/01/2030	Class A Common Stock	5,605		5,605	D
Employee Stock Option (right to buy)	$68.02							01/01/2028	01/01/2031	Class A Common Stock	4,055		4,055	D

Explanation of Responses:

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

2. Includes 11.68 shares acquired under the Issuer's dividend reinvestment plan since the date of the Reporting Person's last ownership report.

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

	/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 transactions did Jeff Starke report on the Form 4 for RBCAA?

The Form 4 shows Mr. Starke acquired 79.851 Class A shares at $72.25 and reports changes in indirect and option holdings.

How many Class A shares does Jeff Starke beneficially own after the reported transaction?

He beneficially owns 5,037.294 Class A shares following the reported transaction.

Does the filing show any shares held indirectly for RBCAA?

Yes. The filing reports 833.52 shares held indirectly through a 401(k) plan and notes 11.68 shares added via dividend reinvestment.

What employee stock options does the reporting person hold for RBCAA?

He holds options underlying a total of 22,465 shares with exercise prices of $51.39, $42.74, $49.25, and $68.02 and expirations through 2031.

Are there any indications of large or unusual insider sales in this Form 4 for RBCAA?

No. The filing reports a modest acquisition and disclosures of existing option positions; it does not show material insider sales.