Form 4: REPAY Holdings CEO John Morris Reports Tax Liability Stock Sale

REPAY Holdings CEO John Morris sold shares to cover tax obligations related to vesting restricted stock.

Summary

• On March 19, 2025, John Andrew Morris Sr., CEO of Repay Holdings Corp, disposed of 59,301 shares of Class A Common Stock to cover tax liabilities.
• The shares were sold at a price of $5.88 per share.
• Following the transaction, Morris directly owns 1,370,699 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 regulatory filing related to stock transactions by an insider. It doesn't inherently convey positive or negative sentiment, as it simply reports a transaction.

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

Form 4 filings are standard practice and provide transparency into the transactions of company insiders. This filing indicates a sale of shares to cover tax obligations, which is a common occurrence.

Stakeholder Impact

• The sale of shares by the CEO could have a minor impact on shareholders, potentially causing a slight decrease in stock price due to increased supply, but it's unlikely to be significant given the context of tax obligations.

Key Dates

Keywords

Form 4, REPAY Holdings, RPAY, John Andrew Morris Sr., CEO, insider trading, stock sale, tax liability, Class A Common Stock