Form 4: Republic Bancorp Executive John T. Rippy Reports Acquisition of Class A Common Stock
SEC Form 4
John T. Rippy, EVP and Chief Risk Officer of Republic Bancorp, reports acquiring Class A Common Stock through an employee stock purchase plan.
Summary
- On March 31, 2025, John T. Rippy, EVP and Chief Risk Officer of Republic Bancorp INC /KY/, acquired 188.029 shares of Class A Common Stock at a price of $63.82 per share.
- This acquisition was made through the Issuer's employee stock purchase plan, accounting for 13.272 of the acquired shares.
- Following the transaction, Rippy directly owns 23,973.838 shares of Class A Common Stock.
- Rippy also holds employee stock options to purchase 5,376 shares at $42.74 (exercisable 12/31/2025, expiring 12/31/2026), 4,484 shares at $49.25 (exercisable 01/01/2027, expiring 01/01/2030), and 3,244 shares at $68.02 (exercisable 01/01/2028, expiring 01/01/2031).
Sentiment
Score: 6
Explanation: Neutral sentiment. The filing is a standard disclosure of an insider transaction. The executive's participation in the employee stock purchase plan is a mildly positive signal.
Positives
- Executive's participation in the employee stock purchase plan demonstrates confidence in the company's future.
Industry Context
Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into insider transactions. This filing indicates an executive's investment in the company's stock, which can be viewed as a positive signal.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment due to the executive's increased investment in the company.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of transaction: Acquisition of Class A Common Stock and shares acquired under the Issuer's employee stock purchase plan. |
| 12/31/2025 | Employee Stock Option (right to buy) exercisable date. |
| 12/31/2026 | Employee Stock Option (right to buy) expiration date. |
| 01/01/2027 | Employee Stock Option (right to buy) exercisable date. |
| 01/01/2030 | Employee Stock Option (right to buy) expiration date. |
| 01/01/2028 | Employee Stock Option (right to buy) exercisable date. |
| 01/01/2031 | Employee Stock Option (right to buy) expiration date. |
| 04/02/2025 | Date of signature. |
Keywords
Republic Bancorp, RBCAA, John T. Rippy, Class A Common Stock, Employee Stock Purchase Plan, Form 4, Insider Trading, EVP, Chief Risk Officer
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