Teebank Family Amends Republic Bancorp Stake Filing

TL;DR

**Teebank Family Ltd Partnership filed an amendment to their Schedule 13D regarding their ownership in Republic Bancorp Inc., with an event date of August 6, 2021.**

AI Summary

TEEBANK FAMILY LTD PARTNERSHIP filed an SC 13D/A Amendment No. 1 on February 14, 2024, concerning its beneficial ownership of Class A Common Stock in REPUBLIC BANCORP INC /KY/. The filing, which lists Steven E. Trager as the contact, indicates an event date of August 6, 2021, that triggered the requirement for this statement. The CUSIP number for the securities is 760281 204.

Why It Matters

SC 13D/A filings disclose changes in beneficial ownership of 5% or more of a company's stock, signaling potential shifts in control or investment strategy. This amendment updates previous disclosures by Teebank Family Ltd Partnership regarding Republic Bancorp Inc.

Risk Assessment

Risk Level: low — The filing is an amendment to a previous ownership disclosure, with no specific details provided in this excerpt to indicate new significant risks or changes in investment intent.

Key Numbers

• August 6, 2021 — Event Date (Date requiring the filing)
• 760281 204 — CUSIP Number (Identifies Class A Common Stock)
• 005-55299 — SEC File Number (Regulatory identifier for the filing)

Key Players & Entities

• REPUBLIC BANCORP INC /KY/ (company) — Subject Company
• TEEBANK FAMILY LTD PARTNERSHIP (company) — Filing Person
• Steven E. Trager (person) — Authorized to Receive Notices
• 02 Finance (company) — Organization Name associated with Subject Company

FAQ

Filing Documents

• tm246095d4_sc13da.htm (SC 13D/A) — 37KB
• tm246095d4_ex99-1.htm (EX-99.1) — 287KB
• tm246095d4_ex99-2.htm (EX-99.2) — 280KB
• 0001104659-24-023461.txt ( ) — 605KB

SECURITY AND ISSUER

ITEM 1. SECURITY AND ISSUER. This Amendment No. 1 to Schedule 13D is being filed by the undersigned, pursuant to §240.13d-1(a), respect to the Class A voting common stock, no par value (the “Common Stock”) of Republic Bancorp, Inc., a Kentucky corporation (the “Issuer”) whose principal executive offices are located at 601 West Market Street, Louisville, Kentucky 40202. This Amendment No. 1 is being filed to report a material increase in the Reporting Person’s percentage of beneficial ownership of Common Stock resulting primarily from the Issuer’s buybacks of Common Stock since the date of the filing of Schedule 13D filed with the U.S. Securities and Exchange Commission on August 18, 2020.

INTEREST

ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. (a) As of the date of this Schedule 13D, Teebank may be deemed to beneficially own 8,919,072 shares of Class A Common Stock, representing 47.05% of the Issuer’s outstanding Class A Common Stock. (b) Number of shares to which Teebank has: (i) Sole power to vote or direct the vote: 8,919,072 (ii) Shared power to vote or direct the vote: 0 (iii) Sole power to dispose or direct the disposition of: 8,919,072 (iv) Shared power to dispose or direct the disposition of: 0 Teebank has the sole voting and dispositive power with respect to 8,919,072 shares of Class A Common Stock. Teebank has shared voting and dispositive power with respect to 0 shares of Class A Common Stock. The Steven E. Trager Revocable Trust and the Trager Trust of 2012 are the co-general partners of Teebank and share dispositive power over the shares of Class A Common Stock owned by Teebank. Steven E. Trager is the sole trustee of both the Steven E. Trager Revocable Trust and the Trager Trust of 2012. Steven E. Trager, A. Scott Trager and Sheldon Gilman serve as the voting committee having the power to vote shares of Class A Common Stock owned by Teebank. The Steven E. Trager Revocable Trust is a Kentucky trust having a business address of 601 West Market Street, Louisville, Kentucky 40202, and it has not been convicted in or been a party to a proceeding described in Items 2(d) or 2(e). The Trager Trust of 2012 is a Kentucky trust having a business address of 601 West Market Street, Louisville, Kentucky 40202, and it has not been convicted in or been a party to a proceeding described in Items 2(d) or 2(e). Steven E. Trager is a United States citizen having a business address of 601 West Market Street, Louisville, Kentucky 40202, and he has not been convicted in or been a party to a proceeding described in Items 2(d) or 2(e). A. Scott Trager is a United States citizen having a business address of 601 West Market Street, Louisville, Ken

MATERIAL TO BE FILED AS EXHIBITS

ITEM 7. MATERIAL TO BE FILED AS EXHIBITS 99.1 Second Amended and Restated Agreement of Limited Partnership for Teebank Family Limited Partnership dated as of December 28, 2023. 99.2 Second Amended and Restated Agreement of Limited Partnership for Jaytee Properties Limited Partnership dated as of December 28, 2023. Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. TEEBANK FAMILY LIMITED PARTNERSHIP By: Steven E. Trager Revocable Trust Its: Co-General Partner Date: February 14, 2024 By: /s/ Steven E. Trager Steven E. Trager, Trustee

View Full Filing

View this SC 13D/A filing on SEC EDGAR