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

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 29, 2024, Andrew Trager-Kusman, a director of Republic Bancorp, reported changes in his beneficial ownership of the company's stock.
• He acquired 54.353 shares of Class A Common Stock at a price of $51.
• He also reported indirect ownership of 10,867.721 shares of Class A Common Stock through Jaytee Properties Limited Partnership and 262,603.221 shares through Teebank Family Limited Partnership.
• Trager-Kusman also 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 also owns an employee stock option for 1,000 shares of Class A Common Stock, exercisable from March 10, 2025, and expiring on March 9, 2026, with an exercise price of $35.92.

Sentiment

Score: 5

Explanation: This is a routine filing, so the sentiment is neutral.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the director's holdings.

Key Dates