Mark A. Vogt, a director at Republic Bancorp Inc., recently increased his stake in the company by acquiring additional shares. This transaction, reported on October 2, 2026, is significant as it indicates Vogt's confidence in the bank's future performance.
Background
Republic Bancorp Inc., based in Louisville, Kentucky, operates within the state commercial banks sector. Its CIK number is 0000921557, and it trades under the symbol RBCAA. The company is incorporated in Kentucky and has a fiscal year that ends on December 31.
What the Filing Says
According to the recent SEC filing (accession number 0001670473-26-000010), Vogt acquired 98.146 shares of Class A Common Stock on September 30, 2026, at a price of $91.70 per share. Following this transaction, he now owns a total of 22,513.822 shares directly.
Impact
This acquisition may influence other investors and stakeholders in Republic Bancorp, as insider transactions often signal confidence in a company's future. Additionally, it highlights ongoing activities within the banking sector, where competition remains robust.
What's Next
The filing does not say what happens next.
Details of Ownership
In addition to the 22,513.822 shares directly owned following the recent acquisition, the filing reveals that Vogt also has an indirect ownership of 10,000 shares of Class A Common Stock held by a Delaware Trust. As the Investment Direction Advisor of this trust, he retains investment discretion over these shares but disclaims beneficial ownership of any shares held by the trust in which he does not have a pecuniary interest.
Transaction Insights
The transaction was coded as an acquisition (transaction code 'A') and occurred on September 30, 2026. The price per share for this transaction was reported at $91.70, indicating a significant investment by Vogt in Republic Bancorp Inc.
Filing Context
This SEC Form 4 filing, which is a requirement under the 1934 Act, provides transparency regarding insider transactions, ensuring that shareholders and the public are informed about changes in ownership by company insiders.
Additional Notes
The filing does not include any information about future plans for additional acquisitions or any potential divestitures by Vogt or the trust he manages.