Form 4: Republic Bancorp Officer Buys Shares Under 10b5-1 Plan

Scott Nardi, SVP of Risk & Compliance at Republic Bancorp, acquired 41.52 shares of Class A Common Stock at $72.25 per share, increasing his direct beneficial ownership.

Summary

• Scott Nardi, the Senior Vice President, Risk & Compliance Officer of Republic Bancorp Inc. /KY/ (RBCAA), acquired shares of the company's Class A Common Stock.
• The transaction involved the acquisition of 41.52 shares at a price of $72.25 per share.
• The transaction date was September 30, 2025.
• Following this acquisition, Scott Nardi directly beneficially owns a total of 1,615.28 shares of Class A Common Stock.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged purchase.

Sentiment

Score: 6

Explanation: The sentiment is moderately positive due to an insider increasing their stake in the company, which generally signals confidence. However, the small size of the transaction limits the overall impact on sentiment.

Positives

• An insider, the SVP of Risk & Compliance, increased his stake in the company, which can signal confidence in the company's future prospects.
• The transaction was executed under a Rule 10b5-1 plan, suggesting a pre-planned investment strategy rather than a reaction to immediate market events.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

Insider purchases, even small ones, are generally viewed by the market as a positive signal, indicating that company executives believe the stock is undervalued or has strong future potential. This transaction is a routine disclosure for an insider increasing their holdings.

Stakeholder Impact

• Shareholders may view this insider purchase as a minor positive signal, potentially reinforcing confidence in the company's stock.

Key Dates

Keywords

Republic Bancorp, RBCAA, Insider Trading, Form 4, Stock Purchase, Scott Nardi, Risk & Compliance Officer, 10b5-1 Plan