Form 4: Repay Holdings CFO Timothy Murphy Reports Tax-Related Stock Transaction

Timothy Murphy, CFO of Repay Holdings, reports a transaction involving the withholding of Class A common stock to cover tax liabilities related to vesting restricted stock.

Summary

• On February 19, 2025, Timothy Murphy, the Chief Financial Officer of Repay Holdings Corp, reported a transaction on SEC Form 4.
• The transaction involved the withholding of 8,080 shares of Class A common stock to cover Mr. Murphy's tax liability related to the vesting of previously reported time-based restricted stock.
• The price per share for the transaction was $7.4.
• Following the transaction, Mr. Murphy directly owns 460,794 shares of Class A common stock.
• Mr. Murphy also indirectly owns 52,000 shares of Class A common stock through a charitable remainder trust where he is the trustee and his spouse is an indirect beneficiary.
• Mr. Murphy disclaims beneficial ownership of the indirectly held securities except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: This is a neutral report of a routine transaction related to tax obligations. It doesn't indicate positive or negative 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 filing related to executive compensation and tax obligations, common in publicly traded companies.

Key Dates

Keywords

Form 4, Repay Holdings, RPAY, Timothy Murphy, CFO, Stock Transaction, Tax Withholding, Beneficial Ownership, Class A Common Stock, Restricted Stock