Form 4: Republic Bancorp Executive Exercises Stock Options, Disposes of Shares to Cover Tax Obligations
SEC Form 4
Christy Ames, EVP and General Counsel of Republic Bancorp, exercised stock options and disposed of shares to cover tax obligations on April 29, 2025.
Summary
- On April 29, 2025, Christy Ames, the EVP and General Counsel of Republic Bancorp, exercised employee stock options to acquire 1,500 shares of Class A Common Stock at a price of $32.01 per share.
- Ames also disposed of 700 shares of Class A Common Stock at $68.64 per share to satisfy tax obligations related to the option exercise.
- Following these transactions, Ames directly owns 5,743.558 shares of Class A Common Stock.
- Ames also holds options to purchase additional shares of Class A Common Stock at various exercise prices and expiration dates.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock option exercise and tax obligation fulfillment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, common among publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine insider transaction.
Key Dates
| Date | Description |
|---|---|
| 03/09/2025 | Date exercisable for Employee Stock Option (right to buy) |
| 03/08/2026 | Expiration Date for Employee Stock Option (right to buy) |
| 04/29/2025 | Date of Transaction and Earliest Transaction |
| 12/31/2025 | Date exercisable for Employee Stock Option (right to buy) |
| 12/31/2026 | Expiration Date for Employee Stock Option (right to buy) |
| 01/01/2027 | Date exercisable for Employee Stock Option (right to buy) |
| 01/01/2028 | Date exercisable for Employee Stock Option (right to buy) |
| 01/01/2030 | Expiration Date for Employee Stock Option (right to buy) |
| 01/01/2031 | Expiration Date for Employee Stock Option (right to buy) |
| 05/01/2025 | Date of Signature |
Keywords
Republic Bancorp, RBCAA, Form 4, Stock Options, Insider Trading, Beneficial Ownership, Christy Ames, EVP, General Counsel
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