Republic Bancorp (RBCAA) EVP exercises 1,500 options and withholds shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Republic Bancorp, Inc. (RBCAA) executive Powell Anthony T, EVP and Chief Lending Officer, reported an employee stock option exercise and related share withholding. On February 9, 2026, he exercised 1,500 employee stock options at $35.92 per share into Class A Common Stock.
On the same date, 737 Class A shares were disposed of with a transaction code "F" at $73.20 per share, indicating shares withheld to cover taxes or similar obligations. After these transactions, he directly beneficially owns 27,528.549 Class A shares and indirectly owns 23,639.481 Class A shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,500 shares exercised/converted
Mixed
7 txns
Insider
Powell Anthony T
Role
EVP, CHIEF LENDING OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) | 1,500 | $0.00 | -- |
| Exercise | Class A Common Stock | 1,500 | $35.92 | $54K |
| Tax Withholding | Class A Common Stock | 737 | $73.20 | $54K |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 0 shares (Direct);
Class A Common Stock — 28,265.549 shares (Direct);
Class A Common Stock — 23,639.481 shares (Indirect, By 401(k) Plan)
Footnotes (1)
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FAQ
What insider transaction did RBCAA executive Powell Anthony T report?
Powell Anthony T reported exercising 1,500 employee stock options on Class A Common Stock at $35.92 per share. In a related move, 737 Class A shares were withheld at $73.20 per share, likely for taxes, leaving him with substantial direct and 401(k) plan holdings.
What do the transaction codes M and F mean in the RBCAA Form 4 filing?
In this filing, code "M" shows the exercise of 1,500 employee stock options into Class A shares at $35.92. Code "F" shows 737 Class A shares disposed of at $73.20, representing shares withheld to satisfy tax or similar obligations tied to the option exercise.
What stock options does Powell Anthony T still hold in Republic Bancorp (RBCAA)?
Following the option exercise, he holds employee stock options on 5,376 Class A shares at $42.74, 4,484 shares at $49.25, and 3,244 shares at $68.02. These options have exercisable and expiration dates ranging from 2025 through 2031, as detailed in the filing.
How is the 401(k) plan reported in this Republic Bancorp Form 4?
The Form 4 lists 23,639.481 Class A Common shares held indirectly via a 401(k) plan. A footnote explains this figure reflects both additions and changes in the 401(k) plan’s value since Powell Anthony T’s last reported ownership, clarifying the source of the updated balance.
Who is the reporting person in this RBCAA Form 4 and what is their role?
The reporting person is Powell Anthony T, an officer of Republic Bancorp, Inc. He serves as Executive Vice President and Chief Lending Officer. The Form 4 shows his personal equity position changing through stock option exercises, share withholding, and ongoing plan-based holdings.