Republic Bancorp (NASDAQ: RBCAA) president exercises 5,376 options, nets 33,865 shares

Rhea-AI Filing Summary

Republic Bancorp, Inc. executive William R. Nelson, President of RPG, reported an option exercise and related share withholding. On January 16, 2026, he exercised 5,376 Employee Stock Options at an exercise price of $42.74 per share, acquiring the same number of Class A Common Shares. A separate transaction the same day shows 4,267 Class A Common Shares disposed of at $72.43 per share, reflecting shares withheld to cover taxes or similar obligations, leaving him with 33,865.957 Class A Common Shares held directly. Following the exercise, the option grant for 5,376 shares was fully used, while he still holds stock options for 4,484 shares at $49.25 expiring on January 1, 2030 and 3,244 shares at $68.02 expiring on January 1, 2031. A footnote notes additional dividend equivalent rights accrued since his last report.

Insider Trade Summary

5,376 shares exercised/converted

Mixed 5 txns

Insider Nelson William R

Role PRESIDENT, RPG

Type	Security	Shares	Price	Value
Exercise	Employee Stock Option (right to buy)	5,376	$0.00	--
Exercise	Class A Common Stock	5,376	$42.74	$230K
Tax Withholding	Class A Common Stock	4,267	$72.43	$309K
holding	Employee Stock Option (right to buy)	--	--	--
holding	Employee Stock Option (right to buy)	--	--	--

Holdings After Transaction: Employee Stock Option (right to buy) — 0 shares (Direct); Class A Common Stock — 38,132.957 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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).

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^*

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)
01/16/2026

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	01/16/2026		M		5,376	A	$42.74	38,132.957(1)	D
Class A Common Stock	01/16/2026		F		4,267	D	$72.43	33,865.957	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	01/16/2026		M			5,376	12/31/2025	12/31/2026	Class A Common Stock	5,376	$0	0	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:

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

	/s/ Kevin Sipes, Attorney-in-Fact	01/20/2026
	** 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 William R. Nelson report?

William R. Nelson, President of RPG at Republic Bancorp, Inc. (RBCAA), reported exercising 5,376 Employee Stock Options on January 16, 2026, acquiring the same number of Class A Common Shares.

At what prices did the RBCAA insider option exercise and share withholding occur?

The option exercise was for 5,376 shares at an exercise price of $42.74 per share, and 4,267 Class A Common Shares were disposed of at $72.43 per share, reflecting a tax-related withholding transaction.

How many RBCAA shares does William R. Nelson hold after the reported Form 4 transactions?

After the January 16, 2026 transactions, William R. Nelson directly owns 33,865.957 shares of Republic Bancorp Class A Common Stock, as shown in the filing.

What stock options in RBCAA does William R. Nelson still hold after this Form 4?

He continues to hold Employee Stock Options for 4,484 shares at $49.25 per share expiring on January 1, 2030, and 3,244 shares at $68.02 per share expiring on January 1, 2031.

Were the RBCAA insider transactions reported as direct or indirect ownership?

All reported holdings and transactions in the filing are listed as direct ownership (D) by William R. Nelson, with no separate entity indicated in the ownership description.

What does the footnote in the RBCAA Form 4 for William R. Nelson explain?

The footnote states that the figures reflect additional dividend equivalent rights acquired since the date of the reporting person’s last ownership report, providing context for the updated share totals.