Form 4: Repay Holdings CEO John Andrew Morris Sr. Reports Stock Transaction

Sentiment:

SEC Form 4 Filing


CEO John Andrew Morris Sr. of Repay Holdings Corp reports disposition of shares to cover tax liability.

Summary

  • On February 19, 2025, John Andrew Morris Sr., CEO of Repay Holdings Corp, reported a transaction involving Class A Common Stock.
  • 39,078 shares were disposed of at a price of $7.4 to cover the reporting person's tax liability.
  • Following the transaction, Morris directly owns 940,017 shares of Class A Common Stock.
  • Morris also indirectly owns 1,028,385 shares through a family trust, 90,000 shares through a limited liability company, and 15,000 shares through a corporation.
  • The reporting person disclaims beneficial ownership of any securities reported herein as indirectly beneficially owned, except to the extent of his pecuniary interest therein.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard transaction related to tax obligations.

Management Comments

  • The Reporting Person disclaims beneficial ownership of any securities reported herein as indirectly beneficially owned, except to the extent of his pecuniary interest therein.

Industry Context

This is a routine filing related to executive stock transactions and is a normal part of corporate governance.

Stakeholder Impact

  • The transaction may have a minor impact on shareholders due to the change in the CEO's holdings, but it's primarily related to tax obligations.

Key Dates

DateDescription
02/19/2025Date of transaction: Disposition of shares to cover tax liability.
02/21/2025Date of signature by Attorney-in-Fact.

Keywords

Form 4, Repay Holdings, RPAY, John Andrew Morris Sr., CEO, Stock Transaction, Beneficial Ownership, Class A Common Stock

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.