Form 4: Repay Holdings CEO John Morris Reports Stock Transactions
SEC Form 4 Filing
CEO John Morris reports disposition of Repay Holdings stock to cover tax liabilities related to vesting restricted stock.
Summary
- On February 23, 2025, John Andrew Morris Sr., CEO of Repay Holdings Corporation, disposed of 18,386 shares of Class A Common Stock to cover tax liabilities at a price of $7.2.
- On February 24, 2025, Morris disposed of an additional 11,631 shares of Class A Common Stock to cover tax liabilities at a price of $7.28.
- Following these transactions, Morris directly owns 910,000 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: 5
Explanation: The document is a standard SEC filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive stock transactions and is common for publicly traded companies.
Stakeholder Impact
- The stock transactions may have a minor impact on shareholders due to the change in ownership, but the disposals are related to tax obligations and not indicative of a change in the CEO's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 02/23/2025 | Disposition of 18,386 shares of Class A Common Stock. |
| 02/24/2025 | Disposition of 11,631 shares of Class A Common Stock. |
| 02/25/2025 | Date of signature by Attorney-in-Fact. |
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