Form 4: Republic Bancorp EVP Starke Increases Stake

Republic Bancorp's EVP and Chief Information Officer, Jeff Starke, reported an acquisition of Class A Common Stock and updated his beneficial ownership, including various employee stock options.

Summary

• Jeff Starke, EVP, Chief Information Officer of Republic Bancorp Inc. (RBCAA), reported changes in his beneficial ownership.
• Acquired 79.851 shares of Class A Common Stock at a price of $72.25 per share on September 30, 2025.
• Directly owns 5,037.294 shares of Class A Common Stock following the reported transaction.
• Indirectly owns 833.52 shares of Class A Common Stock through a 401(k) Plan.
• Holdings include additional dividend equivalent rights and 11.68 shares acquired under the Issuer's dividend reinvestment plan.
• Possesses employee stock options to buy Class A Common Stock:
• 6,085 shares at $51.39, exercisable from 12/31/2024, expiring 12/31/2025.
• 6,720 shares at $42.74, exercisable from 12/31/2025, expiring 12/31/2026.
• 5,605 shares at $49.25, exercisable from 01/01/2027, expiring 01/01/2030.
• 4,055 shares at $68.02, exercisable from 01/01/2028, expiring 01/01/2031.

Sentiment

Score: 6

Explanation: The acquisition of additional shares by a key executive, coupled with participation in dividend reinvestment, generally signals confidence in the company's future performance, which is a positive indicator for investors.

Positives

• An executive acquiring additional shares of Class A Common Stock suggests confidence in the company's future.
• Participation in the dividend reinvestment plan indicates a long-term investment perspective.
• Accumulation of dividend equivalent rights and 401(k) plan additions reflect ongoing benefits and growth in executive's holdings.

Future Outlook

This Form 4 filing does not contain forward-looking statements or guidance regarding the company's future performance or strategic direction. It is a disclosure of an insider's transaction.

Industry Context

Insider transactions, such as the acquisition of shares by an executive, are common in the financial services industry. While this specific filing does not provide broader industry context, an executive increasing their stake can be interpreted by the market as a sign of confidence in the company's prospects within its competitive landscape.

Comparison to Industry Standards

• This filing reports an individual insider transaction and does not provide data suitable for direct comparison to global benchmarks or specific comparable companies' project results. The transaction itself is standard practice for executive compensation and personal investment within the financial sector.

Related Party Transactions

• The reported transaction is an insider acquisition of company stock, which is inherently a related party transaction.

Stakeholder Impact

• Shareholders: May view the executive's increased stake as a positive signal of management confidence, potentially influencing investor sentiment.
• Employees: No direct impact mentioned, but executive confidence can indirectly affect morale.
• Customers, Suppliers, Creditors: No direct impact from this filing.

Key Dates

Keywords

Republic Bancorp, RBCAA, insider transaction, Form 4, executive ownership, stock options, beneficial ownership, Jeff Starke, financial services, banking