Form 4: Repay CTO Sells Shares for Tax Obligations

Repay Holdings Corp's Chief Technology Officer, David M. Guthrie, disposed of Class A Common Stock to cover tax liabilities related to restricted stock vesting.

Summary

• David M. Guthrie, Chief Technology Officer of Repay Holdings Corp (RPAY), reported transactions involving Class A Common Stock.
• On February 19, 2026, 6,451 shares of Class A Common Stock were disposed of at a price of $3.14 per share.
• On February 23, 2026, an additional 2,110 shares of Class A Common Stock were disposed of at a price of $3.06 per share.
• These dispositions were identified as shares withheld to cover the reporting person's tax liability in connection with the vesting of previously reported time-based restricted stock.
• Following these transactions, David M. Guthrie beneficially owns 263,883 shares of Class A Common Stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the transactions represent routine tax-related dispositions of restricted stock, not a discretionary sale indicating a change in management's outlook on the company.

Future Outlook

The filing does not contain any forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that the disposition of shares to cover tax liabilities upon the vesting of restricted stock is a common and routine event for executives, reflecting standard compensation practices rather than a discretionary sale based on market outlook.

Stakeholder Impact

• Shareholders: Minimal direct impact as these are routine tax-related transactions and not a discretionary sale.

Key Dates

Recommendation

The reported transactions are routine dispositions of shares to cover tax obligations related to restricted stock vesting. They do not reflect a discretionary sale by the Chief Technology Officer and therefore do not provide new information that would alter the fundamental investment thesis for Repay Holdings Corp. A 'hold' recommendation is appropriate as this event is neutral to the company's outlook.

Keywords

Repay Holdings, RPAY, Form 4, Insider Transaction, Stock Sale, CTO, Tax Withholding, Restricted Stock Vesting