RBCAA CEO acquires 79.851 shares; options remain exercisable through 2031

Rhea-AI Filing Summary

Logan Pichel, President & CEO of Republic Bank and a director of Republic Bancorp, Inc. (RBCAA), reported an acquisition of 79.851 Class A common shares on 09/30/2025 at a price of $72.25. After the transaction the report lists 56,573.348 Class A shares beneficially owned (combining direct and indirect holdings). The filing also shows participation in the issuer's employee stock purchase plan (47.875 shares) and dividend reinvestment plan (199.497 shares) added since the last report. Separately, the reporting person holds three employee stock options exercisable at $42.74, $49.25, and $68.02 covering 21,505, 17,937, and 12,978 Class A shares, respectively, with exercisable/expiration dates between 12/31/2025 and 01/01/2031.

Positive

• Direct purchase of 79.851 Class A shares at $72.25 on 09/30/2025
• Total beneficial ownership of 56,573.348 Class A shares following the transaction
• Participation in issuer programs: 47.875 ESPP shares and 199.497 DRIP shares added since last report
• Existing employee stock options in place, indicating ongoing executive equity alignment

Negative

• Outstanding employee stock options for 21,505, 17,937, and 12,978 Class A shares could lead to future dilution if exercised
• Form 4 discloses acquisitions over time but does not state whether purchases were part of a pre-arranged plan

Insights

Insider Transactions Analyst

TL;DR: CEO acquired 79.851 Class A shares at $72.25; sizable option holdings remain exercisable through 2031.

The Form 4 documents a direct purchase of 79.851 shares on 09/30/2025 at $72.25, leaving the reporting person with 56,573.348 Class A shares beneficially owned. This is an explicit insider purchase reported under Section 16, showing ongoing equity accumulation via purchase, dividend reinvestment, and ESPP activity (47.875 ESPP shares; 199.497 DRIP shares).

The filing also lists three employee stock options exercisable between 12/31/2025 and 01/01/2031 for 21,505, 17,937, and 12,978 underlying shares at exercise prices of $42.74, $49.25, and $68.02. These options represent future potential issuance of Class A shares if exercised.

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
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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^*

PICHEL LOGAN

(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
X	Officer (give title below)		Other (specify below)
	PRESIDENT & CEO, REPUBLIC BANK

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	56,573.348(1)(2)(3)	D
Class A Common Stock								1,518.69(4)	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)	$42.74							12/31/2025	12/31/2026	Class A Common Stock	21,505		21,505	D
Employee Stock Option (right to buy)	$49.25							01/01/2027	01/01/2030	Class A Common Stock	17,937		17,937	D
Employee Stock Option (right to buy)	$68.02							01/01/2028	01/01/2031	Class A Common Stock	12,978		12,978	D

Explanation of Responses:

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

2. Includes 47.875 shares acquired under the Issuer's employee stock purchase plan on September 30, 2025.

3. Includes 199.497 shares acquired under the Issuer's dividend reinvestment plan since the date of the Reporting Person's last ownership report.

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

	/s/ Logan Pichel	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.
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FAQ

What transaction did Logan Pichel report on Form 4 for RBCAA?

The Form 4 reports a direct acquisition of 79.851 Class A common shares on 09/30/2025 at a price of $72.25.

How many RBCAA shares does the reporting person beneficially own after the reported transaction?

The filing shows 56,573.348 Class A shares beneficially owned following the reported transaction.

Did the filing show participation in employee share plans?

Yes. The filing includes 47.875 shares from the employee stock purchase plan and 199.497 shares from the dividend reinvestment plan acquired since the last ownership report.

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

Three employee stock options are disclosed: 21,505 shares exercisable at $42.74 (exercisable 12/31/2025, exp 12/31/2026), 17,937 at $49.25 (exercisable 01/01/2027, exp 01/01/2030), and 12,978 at $68.02 (exercisable 01/01/2028, exp 01/01/2031).

Was the Form 4 filed jointly or by a single reporting person?

The form indicates it was filed by a single reporting person (Form filed by One Reporting Person).