Form 4: Republic Bancorp Director Andrew Trager Kusman Reports Beneficial Ownership Changes

Sentiment:

SEC Form 4 Filing


Director Andrew Trager Kusman reports changes in beneficial ownership of Republic Bancorp stock, including acquisitions and indirect holdings through family limited partnerships.

Summary

  • On March 31, 2025, Andrew Trager Kusman, a director of Republic Bancorp Inc, reported changes in his beneficial ownership of the company's Class A Common Stock.
  • He acquired 43.391 shares at a price of $63.82 per share.
  • Following the transaction, he directly owns 1,477.792 shares of Class A Common Stock.
  • He also indirectly owns 10,867.721 shares through Jaytee Properties Limited Partnership and 262,603.221 shares through Teebank Family Limited Partnership.
  • Additionally, he indirectly holds derivative securities convertible to 2,435.108 Class A Common Stock through Jaytee and 64,275.609 Class A Common Stock through Teebank.
  • He disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: This is a routine filing reflecting changes in beneficial ownership. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates changes in the director's holdings, which can be of interest to investors.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding the director's stake in the company.
  • It may influence investor perception of management's confidence in the company.

Key Dates

DateDescription
03/31/2025Date of transaction: Acquisition of Class A Common Stock
04/02/2025Date of signature for the Form 4 filing

Keywords

beneficial ownership, Form 4, Republic Bancorp, RBCAA, director, Andrew Trager Kusman, Class A Common Stock, Jaytee Properties Limited Partnership, Teebank Family Limited Partnership

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.