Form 4: Repay Holdings Corp: Chief Accounting Officer Thomas Sullivan Reports Tax Liability Share Withholding
SEC Form 4 Filing
Thomas Sullivan, Chief Accounting Officer of Repay Holdings Corp, reports the withholding of shares to cover tax liabilities related to vested restricted stock.
Summary
- On March 19, 2025, Thomas Eugene Sullivan, Chief Accounting Officer of Repay Holdings Corp, had 4,731 shares of Class A Common Stock withheld to cover his tax liability.
- The shares were withheld at a price of $5.88 per share.
- Following the transaction, Sullivan beneficially owns 156,314 shares of Class A Common Stock directly.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to tax obligations, which is neither particularly positive nor negative. It's a neutral event in the context of the company's overall performance.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company officers and directors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations related to stock vesting.
Key Dates
| Date | Description |
|---|---|
| 03/19/2025 | Date of the transaction where shares were withheld to cover tax liability. |
| 03/21/2025 | Date of signature for the report. |
Keywords
Form 4, Repay Holdings Corp, RPAY, Thomas Sullivan, Chief Accounting Officer, Share Withholding, Tax Liability, Class A Common Stock, Beneficial Ownership, SEC Filing
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