Trager Kusman Andrew has disclosed a recent transaction involving Class A common stock of Republic Bancorp Inc. This event is significant as it highlights ongoing activity by Kusman in the financial sector, particularly in the state commercial banking industry.
Background
Trager Kusman Andrew is a reporting owner with a filing history that includes multiple transactions related to Republic Bancorp Inc, a company engaged in the state commercial banking sector. The most recent filing was made on October 29, 2026, under the accession number 0001770870-26-000012.
What the Filing Says
The filing indicates that on October 27, 2026, Kusman acquired 10 shares of Class A common stock at a price of $92.11 per share. Following this transaction, Kusman now owns a total of 1,740.107 shares of Class A common stock directly.
Impact
This transaction may affect the perception of Republic Bancorp Inc's stock among investors and analysts, as it reflects the ongoing investment activity of a key individual in the company. Additionally, the filing highlights the relationship between Kusman and various family limited partnerships that hold significant shares in Republic Bancorp.
What's Next
The filing does not say what happens next.
Ownership Structure
In addition to the direct ownership of Class A common stock, Trager Kusman Andrew has significant indirect ownership through family limited partnerships. Specifically, Kusman is a limited partner in Jaytee Properties Limited Partnership, which holds 20,523.708 shares of Class A common stock. Furthermore, Kusman is a co-trustee of a trust for the benefit of immediate family members that is a limited partner in Teebank Family Limited Partnership, which owns 346,421.002 shares of Class A common stock. This layered ownership structure emphasizes the influence and financial commitment of Kusman within Republic Bancorp Inc.
Derivative Holdings
The filing also reveals that Kusman holds derivative securities in the form of Class B common stock. These holdings include 2,163.598 shares of Class B common stock, which are convertible into Class A common stock on a one-for-one basis. After the recent transaction, the total shares owned following the transaction for Class B common stock is 4,598.706 shares held through Jaytee Properties Limited Partnership, and 84,791.119 shares held through Teebank Family Limited Partnership. This indicates a substantial potential for further investment in Class A common stock, depending on market conditions and strategic decisions.
Conclusion
While the filing provides a detailed account of Kusman's recent transaction and ownership structure, it does not disclose any future plans or strategies regarding these holdings. Investors may look for further updates from Kusman or Republic Bancorp Inc to gauge the potential impact on the company's future performance.
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