Republic Bancorp (RBCAA) Form 4 — Powell Adds Shares, ESPP Purchase Recorded

Rhea-AI Filing Summary

Anthony T. Powell, EVP and Chief Lending Officer of Republic Bancorp, reported transactions on 09/30/2025. He acquired 79.89 shares of Class A common stock at a price of $72.25. Following the reported transactions, he beneficially owns 24,739.51 shares directly and 23,288.83 shares indirectly through a 401(k) plan. The filing notes 47.88 shares were acquired under the issuer's employee stock purchase plan on 09/30/2025 and additional dividend equivalent rights were added since his last report. The report also lists outstanding employee stock options exercisable for a total of 19,472 shares across multiple option grants with exercise prices ranging from $35.92 to $68.02.

Insights

Financial Analyst

TL;DR: Insider acquired a small number of shares and holds material option positions; no dispositions or unusual transactions reported.

Anthony Powell reported a routine open-market acquisition of 79.89 Class A shares at $72.25 on 09/30/2025 and additions via the employee stock purchase plan (47.88 shares). His direct beneficial ownership is reported as 24,739.51 shares with an indirect 401(k) stake of 23,288.83 shares. The filing details multiple employee stock options totaling 19,472 underlying shares with various exercise prices and expirations. This Form 4 reflects standard executive equity activity rather than a significant change in holdings or control.

Corporate Governance Expert

TL;DR: Filing documents routine insider participation in company equity programs; disclosures appear complete and properly itemized.

The report identifies Powell as an officer (EVP, Chief Lending Officer) and discloses both direct and indirect ownership, plus dividend equivalents and employee plan acquisitions. The Form 4 includes detailed option grant schedules and the employee stock purchase plan purchase on 09/30/2025. Signatory information indicates the filing was submitted via attorney-in-fact. There are no amendments or corrections indicated in this 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

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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).

1. Name and Address of Reporting Person^*

Powell Anthony T

(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 LENDING 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		79.89	A	$72.25	24,739.51(1)(2)	D
Class A Common Stock								23,288.83(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)	$35.92							03/10/2025	03/09/2026	Class A Common Stock	1,500		1,500	D
Employee Stock Option (right to buy)	$51.39							12/31/2024	12/31/2025	Class A Common Stock	4,868		4,868	D
Employee Stock Option (right to buy)	$42.74							12/31/2025	12/31/2026	Class A Common Stock	5,376		5,376	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.

2. Includes 47.88 shares acquired under the Issuer's employee stock purchase plan on September 30, 2025.

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.
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FAQ

What did Republic Bancorp (RBCAA) insider Anthony T. Powell buy on 09/30/2025?

He acquired 79.89 shares of Class A common stock at a price of $72.25 on 09/30/2025.

How many shares does Anthony T. Powell beneficially own after the reported transactions?

The filing reports 24,739.51 shares directly and 23,288.83 shares indirectly via a 401(k) plan.

Did Powell acquire shares through the employee stock purchase plan (ESPP)?

Yes. The filing states 47.88 shares were acquired under the issuer's ESPP on 09/30/2025.

What employee stock options does Powell have according to the Form 4?

The Form 4 lists employee stock options exercisable for 1,500; 4,868; 5,376; 4,484; and 3,244 shares 19,472) with exercise prices from $35.92 to $68.02 and various exercisable/expiration dates.

Who signed the Form 4 filing for Anthony T. Powell?

The filing is signed by /s/ Kevin Sipes, Attorney-in-Fact with the signature date shown as 10/02/2025.