Form 4: Republic Bancorp Director Andrew Trager Kusman Reports Stock Transactions
SEC Form 4 Filing
Director Andrew Trager Kusman reports acquisition and disposal of Republic Bancorp stock, including derivative securities, through direct and indirect ownership.
Summary
- On March 24, 2025, Andrew Trager Kusman, a director of Republic Bancorp Inc, reported transactions involving Class A Common Stock and derivative securities.
- He acquired 1,000 shares of Class A Common Stock at $35.92 per share through the exercise of an employee stock option.
- He disposed of 710 shares of Class A Common Stock at $65.63.
- Following these transactions, he directly owns 2,144.401 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.
- He indirectly holds derivative securities through Jaytee Properties Limited Partnership (2,435.108 shares) and Teebank Family Limited Partnership (64,275.609 shares).
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions. There is no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for publicly traded companies. It provides transparency into the transactions of company insiders.
Comparison to Industry Standards
- Form 4 filings are standard practice for directors and officers of publicly traded companies in compliance with SEC regulations.
- Similar filings are made by insiders at comparable regional banks like PNC Financial Services and Fifth Third Bancorp, disclosing their transactions in company stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders, as insider activity is often monitored for signals about the company's prospects.
- The impact on employees, customers, suppliers, and creditors is likely negligible.
Key Dates
| Date | Description |
|---|---|
| 03/10/2025 | Date Employee Stock Option is exercisable |
| 03/24/2025 | Date of stock transactions (acquisition and disposal). |
| 03/26/2025 | Date of signature on the Form 4 filing. |
| 03/09/2026 | Date Employee Stock Option expires |
Keywords
Republic Bancorp, Director, Stock Transactions, Form 4, Beneficial Ownership, RBCAA, Insider Trading, Securities, Derivatives
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