Form 4: Repay Holdings CFO Timothy Murphy Reports Stock Disposals for Tax Obligations

Chief Financial Officer of Repay Holdings, Timothy Murphy, reports disposals of Class A Common Stock to cover tax liabilities related to vesting restricted stock.

Summary

• On February 23, 2025, Timothy Murphy, the CFO of Repay Holdings Corp, disposed of 3,525 shares of Class A Common Stock at a price of $7.2.
• On February 24, 2025, Murphy disposed of 2,589 shares of Class A Common Stock at a price of $7.28.
• These disposals were to cover the reporting person's tax liability in connection with the vesting of shares of time-based restricted stock.
• Following these transactions, Murphy directly owns 454,680 shares of Class A Common Stock.
• Murphy also indirectly owns 52,000 shares through a charitable remainder trust where he is the trustee and his spouse is an indirect beneficiary.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to stock transactions for tax purposes, indicating a neutral sentiment.

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 disclosure related to executive stock transactions and is common for publicly traded companies.

Stakeholder Impact

• The stock disposals may have a minor impact on shareholders due to the increased supply of shares, but the impact is likely minimal given the relatively small number of shares involved.

Key Dates