Form 4: Repay Holdings CFO Timothy Murphy Reports Stock Transactions

Repay Holdings CFO Timothy Murphy acquired 1,000 shares and disposed of 45 shares of Class A common stock on November 30, 2024.

Summary

• Timothy Murphy, the Chief Financial Officer of Repay Holdings Corporation, reported transactions involving the company's Class A common stock.
• On November 30, 2024, Mr. Murphy acquired 1,000 shares of Class A common stock at a price of $6.87 per share through the company's Employee Stock Purchase Plan.
• On the same day, he disposed of 45 shares of Class A common stock at a price of $8.08 per share to cover tax liabilities related to the ESPP acquisition.
• Following these transactions, Mr. Murphy directly owns 507,879 shares of Class A common stock.
• He 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: 7

Explanation: The sentiment is neutral to slightly positive as the transactions are routine and reflect participation in the company's stock plan. There is no indication of any negative sentiment.

Positives

• The acquisition of 1,000 shares through the Employee Stock Purchase Plan indicates Mr. Murphy's participation in the company's equity program.

Negatives

• The disposal of 45 shares, while for tax purposes, slightly reduces Mr. Murphy's direct holdings.

Risks

• There are no specific risks mentioned in this document, which is a standard SEC Form 4 filing.

Industry Context

This is a routine filing related to insider trading and is common for publicly traded companies. It provides transparency into the transactions of company executives.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
• The transactions are typical for executives participating in employee stock purchase plans and managing tax liabilities.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are routine and involve a small number of shares relative to the total outstanding.

Key Dates

Keywords

Repay Holdings, RPAY, Timothy Murphy, SEC Form 4, insider trading, stock transaction, Class A Common Stock, Employee Stock Purchase Plan, beneficial ownership