[Form 4] REPUBLIC BANCORP INC /KY/ Insider Trading Activity

Rhea-AI Filing Summary

Ravichandran Vidya, a director of Republic Bancorp Inc. (RBCAA), reported an insider purchase on 09/30/2025. The Form 4 shows a non-derivative acquisition of 159.17 shares of Class A common stock at a price of $72.25 per share, resulting in 2,839.63 shares beneficially owned following the transaction. The filing notes these shares reflect additional dividend equivalent rights accumulated since the last ownership report. The report was filed as a single reporting person filing and executed by an attorney-in-fact on 10/02/2025.

Positive

• Director purchase disclosed: Ravichandran Vidya acquired 159.17 Class A shares, increasing reported beneficial ownership to 2,839.63 shares
• Transparent disclosure: Filing includes explanatory note about dividend equivalent rights, clarifying changes since the last report

Negative

• None.

Insights

Securities Analyst

TL;DR: A routine director purchase was reported; amount appears modest relative to institutional levels and notes dividend-equivalent accruals.

The Form 4 documents a standard non-derivative acquisition by a director, showing 159.17 Class A shares purchased at $72.25 and 2,839.63 shares owned after the trade. The disclosure of "additional dividend equivalent rights" clarifies part of the change in beneficial ownership since the prior report. This filing is procedural and provides transparency on insider holdings; it does not disclose any derivative exercises, option grants, or other compensatory detail beyond the dividend-equivalent note.

Corporate Governance Expert

TL;DR: Filing is a routine Section 16 disclosure by a director; no governance red flags or unusual transactions are evident.

The report identifies the reporting person as a director and shows a straightforward acquisition of Class A common stock on 09/30/2025. The signature block indicates the form was submitted via attorney-in-fact, which is common for insiders using delegated filing authority. The explanatory footnote specifies the change includes dividend-equivalent rights; no option exercises, sales, or dilutive events are reported here. Overall, the disclosure meets Section 16 transparency requirements without material governance concerns.

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

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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^*

Ravichandran Vidya

(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
	Officer (give title below)		Other (specify below)

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		159.17	A	$72.25	2,839.63(1)	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

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	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.
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 was reported for RBCAA on 09/30/2025?

The Form 4 reports a director acquisition of 159.17 Class A common shares at $72.25 per share on 09/30/2025.

Who filed the Form 4 for Republic Bancorp Inc. (RBCAA)?

The reporting person is Ravichandran Vidya, identified as a director; the form was signed by an attorney-in-fact on 10/02/2025.

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

The filing shows the reporting person beneficially owned 2,839.63 shares following the reported transaction.

What does the footnote about dividend equivalents mean in this filing?

The explanatory note states the reported change "reflects additional dividend equivalent rights acquired since the last ownership report," as disclosed on the Form 4.

Does the Form 4 report any option exercises or derivative transactions?

No. Table II for derivative securities reports no exercises, grants, or dispositions; the filing only shows a non-derivative acquisition.