Form 4: Republic Bancorp Executive John T. Rippy Reports Stock Transactions
SEC Form 4 Filing
EVP and Chief Risk Officer of Republic Bancorp, John T. Rippy, reports acquisition and disposal of Class A Common Stock.
Summary
- On March 29, 2024, John T. Rippy, EVP and Chief Risk Officer of Republic Bancorp, acquired 113.122 shares of Class A Common Stock at $51 per share.
- On March 30, 2024, Rippy disposed of 571 shares of Class A Common Stock at $51 per share.
- Following these transactions, Rippy beneficially owns 22,944.391 shares of Class A Common Stock.
- Rippy also holds employee stock options for various amounts of Class A Common Stock at exercise prices ranging from $35.92 to $51.39, with expiration dates extending to January 1, 2030.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company executive, providing transparency to investors regarding insider activity. It's a standard practice in the financial industry to monitor such filings for insights into management's perspective on the company's stock.
Stakeholder Impact
- Shareholders are informed about the stock transactions of a key executive, which can influence their perception of the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 03/29/2024 | Acquisition of 113.122 shares of Class A Common Stock at $51. |
| 03/30/2024 | Disposal of 571 shares of Class A Common Stock at $51. |
| 04/02/2024 | Date of report signature. |
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