Form 4: REPAY CEO Morris Sr. Reports Routine Stock Transaction
Insider Transaction Report
Repay Holdings Corp CEO John Andrew Morris Sr. reported a disposition of 51,905 Class A common shares to cover tax liabilities related to restricted stock vesting.
Summary
- John Andrew Morris Sr., Chief Executive Officer and Director of Repay Holdings Corp (RPAY), reported a transaction on March 19, 2026.
- A total of 51,905 shares of Class A common stock were disposed of at a price of $2.65 per share.
- This disposition was made to cover the reporting person's tax liability in connection with the vesting of previously reported time-based restricted stock.
- Following this transaction, Morris Sr. directly beneficially owns 2,204,370 Class A common shares.
- Indirect beneficial ownership includes 1,028,385 shares held by a Family Trust, 86,761 shares by another trust, 253,041 shares by a limited liability company, and 15,000 shares by a corporation.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, representing a routine tax withholding transaction for vested restricted stock, which is a common practice for executive compensation.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that tax-related dispositions of restricted stock are a common occurrence for executives as part of their compensation packages and typically do not signal a change in management's outlook or a strategic shift for the company or the broader payments industry.
Related Party Transactions
- The filing details indirect beneficial ownership through family trusts, a limited liability company, and a corporation, which are considered related party holdings.
Stakeholder Impact
- Minimal impact on shareholders as this is a routine, non-discretionary transaction for tax purposes.
- No direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 03/19/2026 | Transaction Date: Disposition of Class A Common Stock to cover tax liability. |
Keywords
Repay Holdings, RPAY, John Andrew Morris Sr., CEO, Director, Insider Transaction, Form 4, Stock Vesting, Tax Withholding, Class A Common Stock
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