Form 4: Republic Bancorp Executive Wendler Exercises Stock Options and Disposes of Shares
SEC Form 4
EVP & Chief HR Officer Margaret S. Wendler of Republic Bancorp exercised stock options and disposed of shares to cover tax obligations.
Summary
- On March 21, 2025, Margaret S. Wendler, EVP & Chief HR Officer of Republic Bancorp, exercised employee stock options to acquire Class A Common Stock.
- She acquired 1,500 shares at $32.01, 2,688 shares at $42.74, and 2,242 shares at $49.25.
- Simultaneously, she disposed of 752 shares, 1,948 shares, and 1,886 shares at $63.87 to cover tax obligations.
- Following these transactions, Wendler directly owns 16,212.158 shares of Class A Common Stock and indirectly owns 1,946.415 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions, which are closely monitored by investors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely negligible.
Key Dates
| Date | Description |
|---|---|
| 03/09/2025 | Date exercisable for Employee Stock Option (right to buy) at $32.01 |
| 03/21/2025 | Date of transaction: stock options exercised and shares disposed of. |
| 03/25/2025 | Date of signature on the Form 4 filing. |
| 12/31/2025 | Date exercisable for Employee Stock Option (right to buy) at $42.74 |
| 03/08/2026 | Expiration date for Employee Stock Option (right to buy) at $32.01 |
| 12/31/2026 | Expiration date for Employee Stock Option (right to buy) at $42.74 |
| 01/01/2027 | Date exercisable for Employee Stock Option (right to buy) at $49.25 |
| 01/01/2030 | Expiration date for Employee Stock Option (right to buy) at $49.25 |
Keywords
Republic Bancorp, RBCAA, Stock Options, Form 4, Executive Compensation, Insider Trading, Wendler, Share Disposal, Equity
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.