Form 4: Republic Bancorp CEO Logan Pichel Reports Stock Transactions
SEC Form 4 Filing
Republic Bancorp's CEO, Logan Pichel, reports acquisition of Class A Common Stock and updates to derivative security holdings.
Summary
- Logan Pichel, the President & CEO of Republic Bank, reported changes in beneficial ownership of Republic Bancorp Inc. Class A Common Stock.
- On March 31, 2025, Pichel acquired 90.399 shares of Class A Common Stock at $63.82 per share.
- Pichel's direct holdings of Class A Common Stock now total 55,810.178 shares.
- An additional 1,499.143 shares are held indirectly through a 401(k) plan.
- The report also details holdings of employee stock options with various exercise prices and expiration dates.
- These options grant the right to buy Class A Common Stock.
- The report includes shares acquired under the employee stock purchase plan and dividend reinvestment plan.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the document simply reports transactions and holdings. It doesn't convey any explicit positive or negative outlook.
Positives
- The CEO's acquisition of shares may signal confidence in the company's future performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This filing is typical for executives who receive stock options or participate in employee stock purchase plans.
Stakeholder Impact
- The reported transactions provide shareholders with insight into the CEO's investment in the company.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of Class A Common Stock acquisition and employee stock purchase plan acquisition. |
| 12/31/2025 | Employee Stock Option exercisable date. |
| 12/31/2026 | Employee Stock Option expiration date. |
| 01/01/2027 | Employee Stock Option exercisable date. |
| 01/01/2028 | Employee Stock Option exercisable date. |
| 01/01/2030 | Employee Stock Option expiration date. |
| 01/01/2031 | Employee Stock Option expiration date. |
| 04/02/2025 | Date of signature for the Form 4 filing. |
Keywords
Republic Bancorp, RBCAA, Logan Pichel, Form 4, Beneficial Ownership, Stock Options, Common Stock, Insider Trading
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