Anthony T. Powell, the Chief Lending Officer at Republic Bancorp, Inc., has reported a transaction involving his ownership of the company's stock. On October 2, 2026, Powell disclosed that he acquired 50.333 shares of Class A common stock on September 30, 2026. This transaction is significant as it reflects Powell's continued engagement with Republic Bancorp and his confidence in the company's future.
Background
Republic Bancorp, Inc. is a Kentucky-based financial institution primarily involved in state commercial banking. The company operates under the ticker symbol RBCAA and is listed on the appropriate exchanges for its sector. Recent filings indicate ongoing activity from its executives, showcasing their involvement in the company's equity management.
What the Filing Says
The filing reveals that Powell acquired the shares at a price of $91.70 per share. Following this transaction, he now owns a total of 24,923.030 shares directly. Additionally, he holds shares through a 401(k) plan, which has also seen changes in value, now totaling 24,120.594 shares.
Impact
This transaction may affect stakeholders within Republic Bancorp, including investors and employees, as it reflects the confidence of leadership in the bank's performance. Powell's significant ownership stake may also influence the company's strategic decisions moving forward.
What's Next
The filing does not say what happens next.