RBCAA insider files purchase: 35 Class A shares at $71.35
Rhea-AI Filing Summary
Steven E. DeWeese, an executive vice president and managing director at Republic Bancorp, reported an open-market purchase of 35 shares of Class A common stock on 10/01/2025 at a price of $71.35 per share, bringing his direct holdings to 33,618.54 shares. The filing also discloses indirect ownership of 9,461 shares held through a 401(k) plan. In addition, Mr. DeWeese holds four outstanding employee stock options exercisable on various dates that together cover 7,552 underlying Class A shares with exercise prices of $35.92, $42.74, $49.25, and $68.02.
Positive
- Executive purchase of 35 shares on 10/01/2025 at $71.35 indicates insider buying
- Substantial direct ownership of 33,618.54 shares by the reporting executive
- Employee stock options totaling 7,552 shares align executive compensation with long-term performance
Negative
- None.
Insights
EVP purchased 35 shares and holds 33,618.54 direct shares plus options.
The reported 10/01/2025 open-market acquisition of 35 shares at $71.35 is a routine insider purchase that increases the reporting person's direct stake to 33,618.54 shares. The filing also shows 9,461 indirectly held shares via a 401(k), which is a common form of indirect ownership for executives.
The disclosure of 7,552 total underlying shares from four employee stock options with staggered exercise dates and exercise prices provides transparency on potential future dilution and alignment of the executive with shareholder value.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 35 | $71.35 | $2K |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| 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 | -- | -- | -- |
Footnotes (1)
