Form 4: Republic Bancorp Director Andrew Trager Kusman Boosts Stake Through Dividend Reinvestment
Insider Transaction Report
Republic Bancorp Director Andrew Trager Kusman has increased his holdings in the company's Class A Common Stock by acquiring 44.19 shares through dividend equivalent rights.
Summary
- Andrew Trager Kusman, a Director of Republic Bancorp Inc. (RBCAA), acquired 44.19 shares of Class A Common Stock.
- The transaction occurred on June 30, 2025, at a price of $73.11 per share.
- These shares were acquired as additional dividend equivalent rights.
- Following this acquisition, Mr. Trager Kusman directly holds 1,525.35 shares of Class A Common Stock.
- He also indirectly holds 10,867.721 shares of Class A Common Stock and 2,435.108 shares of Class B Common Stock (convertible to Class A) through Jaytee Properties Limited Partnership.
- Additionally, he indirectly holds 262,603.221 shares of Class A Common Stock and 64,275.609 shares of Class B Common Stock (convertible to Class A) through Teebank Family Limited Partnership.
Sentiment
Score: 7
Explanation: A director increasing their stake, even through dividend reinvestment, is generally seen as a positive signal of confidence in the company's future.
Positives
- A director increasing their stake, even through dividend reinvestment, can signal confidence in the company's future prospects.
- The acquisition of shares via dividend equivalent rights indicates the company is paying dividends, which can be a positive for investors seeking income.
Future Outlook
NA
Industry Context
NA
Related Party Transactions
- Indirect beneficial ownership is held through Jaytee Properties Limited Partnership, a family limited partnership where the Reporting Person is a Limited Partner.
- Indirect beneficial ownership is held through Teebank Family Limited Partnership, a family limited partnership where the Reporting Person is a co-trustee of a trust for immediate family members and a Limited Partner.
Stakeholder Impact
- Shareholders may view the director's increased stake as a sign of confidence in the company's performance and future prospects.
Key Dates
| Date | Description |
|---|---|
| 06/30/2025 | Date of transaction for the acquisition of Class A Common Stock. |
| 07/02/2025 | Date the Form 4 was signed by the Attorney-in-Fact. |
Keywords
Republic Bancorp, RBCAA, Insider Trading, Form 4, Director, Stock Acquisition, Dividend Reinvestment, Beneficial Ownership
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