Form 4: Republic Bancorp EVP Kevin Sipes Reports Stock Sales
SEC Form 4
Kevin Sipes, EVP & CFO of Republic Bancorp, reported the sale of Class A Common Stock on July 24, 2024.
Summary
- On July 24, 2024, Kevin Sipes, the EVP & CFO of Republic Bancorp, sold shares of Class A Common Stock.
- The sales were executed in multiple transactions at varying prices.
- Sipes sold 4,148 shares at an average price of $64.0923, 4,628 shares at an average price of $65.6461, and 1,298 shares at an average price of $66.149.
- Following these transactions, Sipes directly owns 70,085.616 shares of Class A Common Stock.
- Sipes also indirectly owns 3,954 shares through a 401(k) plan.
- Sipes also holds options to purchase shares of Class A Common Stock at prices of $35.92, $51.39, $42.74 and $49.25.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock sales by an executive. The sales themselves don't necessarily indicate a positive or negative outlook.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors.
Key Dates
| Date | Description |
|---|---|
| 07/24/2024 | Date of stock sale transactions. |
| 07/26/2024 | Date of Form 4 filing. |
| 03/10/2025 | Employee Stock Option exercisable date. |
| 12/31/2024 | Employee Stock Option exercisable date. |
| 12/31/2025 | Employee Stock Option exercisable date. |
| 01/01/2027 | Employee Stock Option exercisable date. |
| 03/09/2026 | Employee Stock Option expiration date. |
| 12/31/2025 | Employee Stock Option expiration date. |
| 12/31/2026 | Employee Stock Option expiration date. |
| 01/01/2030 | Employee Stock Option expiration date. |
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