Republic Bancorp Inc Ky SEC Filings

Deal overview. The Toronto-Dominion Bank (TD) plans to issue senior unsecured Contingent Income Auto-Callable Securities maturing 10 July 2026 that are linked to the common stock of Apple Inc. (AAPL).

Key economics. Investors pay US$1,000 per note and may receive a quarterly contingent coupon of US$28.55 (11.42% p.a.) on any determination date at which AAPL closes at or above 80% of its initial share price (the “downside threshold”). If on any of the first three determination dates AAPL closes at or above 100% of the initial share price (the “call threshold”), the notes are automatically redeemed for par plus the coupon. If not redeemed, principal is protected only when the final price is at or above the 80% threshold; otherwise holders suffer a 1-to-1 loss on the decline in AAPL, potentially forfeiting their entire investment.

Structural and credit considerations. • Tenor: ~12 months (pricing 7 Jul 2025, maturity 10 Jul 2026). • Estimated value: US$940-975 (94-97.5% of issue price) reflecting dealer margin and hedge costs. • Distribution fees total US$17.50 per note (1.75%). • TD is the sole calculation agent; all payments depend on TD’s credit as senior unsecured obligations of its Series H debt. • Notes will not list on an exchange; secondary liquidity, if any, will be provided on a best-efforts basis by TD affiliates and may be materially below par.

Risk/return profile. Investors trade equity upside and dividend participation for an above-market coupon that is contingent, limited upside (coupons only) and full downside exposure below the 80% barrier. Automatic redemption can shorten the holding period, creating reinvestment risk. In adverse scenarios—persistent AAPL weakness or a TD credit event—investors may earn no coupons and lose significant principal.

Target investor. Suitable only for investors who: 1) are comfortable with single-stock volatility, 2) can tolerate 100% capital loss, 3) desire potentially high income for one year, and 4) accept TD credit and liquidity risk.

Form 3 Overview: The filing discloses the initial beneficial ownership of Joshua T. Brumm, who became Chief Executive Officer and Director of Crescent Biopharma, Inc. following a two-step merger completed on 13 Jun 2025. At the Effective Time, GlycoMimetics, Inc. merged with Crescent Biopharma and simultaneously changed its corporate name to Crescent Biopharma, Inc., then converted from a Delaware corporation to a Cayman Islands exempted company on 16 Jun 2025.

Equity Holdings:

• 268,400 ordinary shares held directly via restricted stock units (RSUs) that vest 25 % on 17 Mar 2026 and 6.25 % quarterly thereafter through 17 Mar 2029.
• 805,200 stock options with a $6.16 exercise price, vesting 25 % on 17 Mar 2026 and monthly thereafter until 17 Mar 2029.

The filing confirms that all Pre-Merger Crescent equity awards automatically converted into equivalent Cayman ordinary-share instruments under identical terms. Brumm filed as a single reporting person and retains direct ownership of all disclosed securities.

Investor Relevance: The document affirms completion of the M&A transaction, finalizes the company’s redomiciling process, and reveals executive equity incentives that could add up to 1.07 million shares to the future float if fully vested and exercised.

On 30 June 2025, Republic Bancorp Inc. (RBCAA) director Andrew Trager Kusman filed a Form 4 documenting a minor automatic acquisition of 44.19 Class A common shares at $73.11 per share, apparently tied to dividend-equivalent rights. Post-transaction, the insider holds 1,525.35 Class A shares directly. Indirect ownership remains sizeable through family limited partnerships: 10,867.721 shares via Jaytee Properties LP and 262,603.221 shares via Teebank Family LP. In addition, Class B shares—convertible 1-for-1 into Class A—represent a further 66,710.717 underlying shares held indirectly. No shares were sold, and no derivative conversions occurred. The filing contains no operational or financial guidance and is unlikely to be materially impactful for investors.

Fidelity National Financial, Inc. (FNF) director Douglas K. Ammerman filed a Form 4 covering activity on 30 June 2025. The filing shows the acquisition of 268.6425 units of FNF phantom stock through the company’s Deferred Compensation Plan. Each unit is economically equivalent to one share of common stock but will be settled in cash after the director’s board service ends. After this routine, compensation-related grant, Ammerman’s total phantom-stock holdings rise to 24,263.8461 units. No open-market purchases or sales of FNF common shares were reported, and all holdings remain directly owned.

Republic Bancorp Inc. (RBCAA) filed a Form 4 disclosing that President & CEO Logan Pichel acquired 92.06 Class A common shares on 30 June 2025 at an average price of $73.11. Following the transaction, he holds 56,221.79 shares directly and 1,509.73 shares indirectly through the company’s 401(k) plan.

The report also adjusts totals for dividend reinvestment, employee stock purchase plan activity and fractional-share rounding under a new plan administrator. No shares were sold, and no new derivative grants or option exercises occurred; existing options covering 52,420 shares remain outstanding with strike prices between $42.74 and $68.02.

With an implied purchase value of roughly $6.7 thousand, the trade is immaterial relative to Pichel’s stake and the company’s market capitalisation. While continued net buying by the chief executive can be interpreted as a modest vote of confidence, the size suggests a routine, low-impact insider transaction rather than a catalyst for the stock.

Republic Bancorp, Inc. (RBCAA) filed a Form 4 on 07/02/2025 for Executive Vice-President & Chief Lending Officer Anthony T. Powell. The report discloses a direct acquisition of 92.11 Class A common shares on 06/30/2025 at a price of $73.11, bringing Powell’s directly held position to 24,574.28 shares. In addition, he now indirectly holds 23,102.86 shares via the company 401(k) plan.

No shares were sold in this filing; all movements relate to incremental accumulation and administrative adjustments. The explanations note (1) additional dividend-equivalent rights, (2) 39.43 shares from the Employee Stock Purchase Plan (ESPP) on 06/30/2025, (3) fractional-share cash-outs and reporting adjustments after a change in ESPP administrator, and (4) routine changes in the 401(k) account.

Powell also reports 19,472 employee stock options outstanding across five grant tranches with strike prices ranging from $35.92 to $68.02 and expirations between 03/09/2026 and 01/01/2031; no option exercises occurred.

• The net purchase represents ~0.4 % of Powell’s direct holdings and is immaterial versus RBCAA’s ~21 k average daily trading volume, signalling a modest, though directionally positive, insider sentiment.
• No material corporate events, earnings data or major strategic disclosures accompany this filing; investors should view it as routine insider activity rather than a catalyst.

Form 4 filing overview – Republic Bancorp Inc. (RBCAA)

On 06/30/2025, William R. Nelson, President of Republic Processing Group (an operating unit of Republic Bancorp), acquired 92.06 Class A common shares at $73.11 per share. The transaction was coded “A” (acquisition) and appears to stem from additional dividend-equivalent rights rather than an open-market purchase. Following the transaction, the executive’s direct holdings rise to 30,039.17 shares.

The filing also reiterates Mr. Nelson’s outstanding employee stock options, which remain unchanged: 1,500 options exercisable at $35.92 (exp. 03/09/2026) and four additional grants totaling 17,972 options with strike prices between $42.74 and $68.02 expiring 2025-2031. No derivative securities were exercised or disposed of in this report.

• The reported cash value of the share acquisition is approximately $6.7 thousand, modest relative to both Mr. Nelson’s existing position and RBCAA’s market capitalization.
• The filing does not disclose any changes to compensation plans, earnings guidance, or corporate strategy.

Overall, the activity reflects routine accumulation through dividend equivalents rather than a signal of significant strategic intent. Investors typically view insider purchases positively, but the limited size suggests a low market impact.

Peoples Bancorp Inc. (PEBO) – Form 4 insider filing

Non-employee director Carol A. Schneeberger reported the acquisition of 429 common shares on 30 June 2025. The shares were awarded in lieu of cash for board meeting fees and the quarterly retainer, a standard component of director compensation. The shares were valued at $30.54 each, implying a transaction value of roughly $13.1 thousand. Following this grant, Schneeberger’s direct ownership increases to 26,330 shares. No derivative securities were involved, and there were no dispositions.

The filing reflects routine, compensation-related equity issuance rather than an open-market purchase. Nonetheless, it modestly aligns director incentives with shareholders by enlarging insider ownership.

On 06/30/2025, Northern Oil & Gas, Inc. (NOG) director Bahram Akradi was awarded 4,938 shares of common stock under the company’s 2018 Equity Incentive Plan, according to a Form 4 filed on 07/02/2025. The filing lists a transaction price of $0, confirming the award was a grant rather than an open-market purchase. After the transaction, Akradi’s direct holdings rise to 1,671,585 shares.

The incremental grant increases the director’s position by roughly 0.3% and has no material effect on the public float or share count. No derivative securities were involved, and there were no dispositions. Overall, the event is routine insider compensation that modestly strengthens management-shareholder alignment but is not expected to influence near-term valuation or trading volume.