Form 4: Repay Holdings Corp: Chief Accounting Officer Thomas Sullivan Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Thomas Sullivan, Chief Accounting Officer of Repay Holdings Corp, reports disposing of Class A Common Stock to cover tax liabilities related to vesting restricted stock.
Summary
- On February 23, 2025, Thomas Eugene Sullivan, Chief Accounting Officer of Repay Holdings Corp, disposed of 1,362 shares of Class A Common Stock at $7.2 per share to cover tax liabilities.
- Following this transaction, Sullivan directly owns 120,309 shares of Class A Common Stock.
- On February 24, 2025, Sullivan disposed of 864 shares of Class A Common Stock at $7.28 per share to cover tax liabilities.
- Following this transaction, Sullivan directly owns 119,445 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock disposals for tax purposes. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders. This filing indicates routine tax-related stock disposals.
Stakeholder Impact
- The stock disposal may have a minor impact on shareholders due to the small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 02/23/2025 | Disposal of 1,362 shares of Class A Common Stock at $7.2 per share. |
| 02/24/2025 | Disposal of 864 shares of Class A Common Stock at $7.28 per share. |
| 02/25/2025 | Date of signature for the Form 4 filing. |
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