Form 4: Repay Holdings CFO Timothy Murphy Reports Stock Transactions

Chief Financial Officer of Repay Holdings, Timothy Murphy, reports acquisition and disposal of Class A Common Stock related to performance-based restricted stock units.

Summary

• On February 12, 2025, Timothy Murphy, CFO of Repay Holdings, reported transactions involving Class A Common Stock.
• He acquired 27,068 shares of Class A Common Stock at $0 related to performance-based restricted stock units (PSUs) that vested after a three-year performance period from January 1, 2022, to December 31, 2024.
• The Issuer's Compensation Committee approved the achievement level of the PSU performance targets on February 12, 2025.
• Murphy also disposed of 9,073 shares of Class A Common Stock at $7.19 to cover tax liabilities associated with the vesting of the PSUs.
• Following these transactions, Murphy directly owns 468,874 shares of Class A Common Stock.
• Additionally, 52,000 shares are held indirectly by a charitable remainder trust where Murphy is the trustee and his spouse is an indirect beneficiary.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock transactions by a company executive, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a key executive.

Key Dates