Form 4: Repay Holdings CFO Timothy Murphy Reports Stock Grant and Trust Holdings

Chief Financial Officer of Repay Holdings, Timothy Murphy, reports a grant of restricted stock and holdings in a charitable remainder trust.

Summary

• Timothy Murphy, CFO of Repay Holdings Corporation, filed a Form 4 detailing changes in beneficial ownership.
• The report indicates a grant of restricted Class A common stock of the Issuer.
• 138,400 shares were acquired at $0 per share.
• These shares vest in four equal annual installments starting March 5, 2026.
• Murphy also reports beneficial ownership of 52,000 shares held indirectly through a charitable remainder trust.
• Murphy disclaims beneficial ownership of the trust's securities except to the extent of his pecuniary interest.
• Following the reported transactions, Murphy directly owns 593,080 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. The stock grant is a positive sign, but it's a routine occurrence.

Positives

• The grant of restricted stock to the CFO could be seen as an incentive to align his interests with the long-term success of the company.

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 a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The stock grant aligns the CFO's interests with those of the shareholders.

Key Dates