Republic Bancorp (RBCAA) EVP awarded stock options and dividend shares

Rhea-AI Filing Summary

Republic Bancorp Inc. executive Juan Montano, EVP and Chief Mortgage Banking Officer, reported new equity awards in the company’s Class A common stock. On January 20, 2026, he received an employee stock option grant for 1,352 shares of Class A common stock at an exercise price of $71.36 per share, which becomes exercisable on January 1, 2029 and expires on January 1, 2032. He also acquired 353 shares of Class A common stock at $0, reflecting additional dividend equivalent rights since his last ownership report.

Following these transactions, Montano directly holds 12,781.888 Class A shares and indirectly holds 4,538.927 Class A shares through a 401(k) plan, which reflects additions and changes in plan value since his prior filing.

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

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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).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Montano Juan

(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 MTG BANKING OFFICER

3. Date of Earliest Transaction (Month/Day/Year)
01/20/2026

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	01/20/2026		A		353	A	$0	12,781.888(1)	D
Class A Common Stock								4,538.927(2)	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)	$71.36	01/20/2026		A		1,352		01/01/2029	01/01/2032	Class A Common Stock	1,352	$71.36	1,352	D
Employee Stock Option (right to buy)	$42.74							12/31/2025	12/31/2026	Class A Common Stock	2,688		2,688	D
Employee Stock Option (right to buy)	$49.25							01/01/2027	01/01/2030	Class A Common Stock	2,242		2,242	D
Employee Stock Option (right to buy)	$68.02							01/01/2028	01/01/2031	Class A Common Stock	1,622		1,622	D

Explanation of Responses:

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

2. 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	01/22/2026
	** 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 insider transaction did RBCAA executive Juan Montano report?

Juan Montano, EVP and Chief Mortgage Banking Officer of Republic Bancorp Inc. (RBCAA), reported a grant of 1,352 employee stock options and the acquisition of 353 Class A common shares on January 20, 2026.

What are the terms of Juan Montano’s new stock options at Republic Bancorp (RBCAA)?

Montano received an employee stock option grant covering 1,352 shares of Class A common stock at an exercise price of $71.36 per share, exercisable from January 1, 2029 until January 1, 2032.

How many Republic Bancorp (RBCAA) shares does Juan Montano own after the latest Form 4?

After the reported transactions, Montano directly owns 12,781.888 Class A shares and indirectly owns 4,538.927 Class A shares through a 401(k) plan.

Why did Juan Montano receive 353 Class A shares of RBCAA at $0?

The filing states that the 353 Class A shares acquired at $0 reflect additional dividend equivalent rights accumulated since his last ownership report.

What does the 401(k) plan holding mean in the RBCAA Form 4 filing?

The Form 4 notes that the 4,538.927 Class A shares are held indirectly by Montano through a 401(k) plan, reflecting additions and changes in plan value since his previous report.

Is the RBCAA Form 4 transaction a purchase or a grant of securities?

The Form 4 shows an award (grant) of stock options to Montano and an acquisition of shares tied to dividend equivalent rights, rather than an open-market purchase.