Form 4: Republic Bancorp Executive Acquires Shares
SEC Form 4
William R. Nelson, President of RPG at Republic Bancorp, reports the acquisition of shares and holdings of derivative securities.
Summary
- William R. Nelson, President, RPG of Republic Bancorp INC /KY/, filed a Form 4 detailing changes in beneficial ownership.
- The earliest transaction date reported is March 31, 2025.
- Nelson acquired 90.399 shares of Class A Common Stock at a price of $63.82 per share.
- Following the reported transaction, Nelson directly owns 29,931.614 shares of Class A Common Stock.
- Nelson also holds employee stock options with various exercise prices and expiration dates, including options to buy 1,500 shares at $35.92 expiring on March 9, 2026.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a standard regulatory filing detailing stock transactions. The acquisition itself could be seen as slightly positive, but without further context, it's difficult to gauge the overall impact.
Positives
- The acquisition of shares by an executive could be interpreted as a positive signal about their confidence in the company's future.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The reported transactions provide shareholders with insight into the actions of company leadership.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Expiration date for employee stock options with an exercise price of $51.39. |
| 03/10/2025 | Transaction date for employee stock options with an exercise price of $35.92. |
| 03/31/2025 | Date of the earliest transaction reported: acquisition of Class A Common Stock. |
| 03/31/2025 | Transaction date for employee stock options with an exercise price of $35.92. |
| 04/02/2025 | Date of signature for the Form 4 filing. |
| 12/31/2025 | Expiration date for employee stock options with an exercise price of $51.39 and $42.74. |
| 01/01/2027 | Date exercisable for employee stock options with an exercise price of $49.25. |
| 01/01/2028 | Date exercisable for employee stock options with an exercise price of $68.02. |
| 03/09/2026 | Expiration date for employee stock options with an exercise price of $35.92. |
| 12/31/2026 | Expiration date for employee stock options with an exercise price of $42.74. |
| 01/01/2030 | Expiration date for employee stock options with an exercise price of $49.25. |
| 01/01/2031 | Expiration date for employee stock options with an exercise price of $68.02. |
Keywords
Form 4, beneficial ownership, stock options, Republic Bancorp, RBCAA, William R. Nelson, insider trading
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