Form 4: Repay Holdings CEO John Morris Receives Stock Grant

CEO John Morris received a grant of 520,000 shares of restricted Class A common stock in Repay Holdings Corp.

Summary

• On March 5, 2025, John Andrew Morris Sr., CEO of Repay Holdings Corp, received a grant of 520,000 shares of restricted Class A common stock.
• These shares vest in four equal annual installments starting March 5, 2026.
• Following this transaction, Morris directly owns 1,430,000 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.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The stock grant is a positive incentive for the CEO, but it's a standard practice and doesn't necessarily indicate a major shift in the company's prospects.

Positives

• The grant of restricted stock aligns the CEO's interests with those of the shareholders, incentivizing him to improve the company's performance over the long term.

Future Outlook

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

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 type of stock grant is a common practice in publicly traded companies to incentivize and retain key executives.

Stakeholder Impact

• Shareholders may view the stock grant as a positive incentive for the CEO to drive long-term value.

Key Dates