Form 4: Repay Holdings Corp: Chief Technology Officer Guthrie Sells Shares to Cover Tax Obligations

David M. Guthrie, Chief Technology Officer of Repay Holdings Corp, sold shares of Class A common stock to cover tax liabilities related to vesting restricted stock.

Summary

• On February 19, 2025, David M. Guthrie, the Chief Technology Officer of Repay Holdings Corp, engaged in a transaction involving Class A Common Stock.
• Guthrie disposed of 5,671 shares at a price of $7.4.
• This transaction was to cover the reporting person's tax liability in connection with the vesting of shares of time-based restricted stock previously reported.
• Following the transaction, Guthrie directly owns 184,686 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transaction is a routine sale of shares to cover tax obligations, which is a common practice for executives.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding their company's stock.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the small number of shares involved.

Key Dates

Keywords

Form 4, Repay Holdings Corp, RPAY, David M. Guthrie, Chief Technology Officer, Class A Common Stock, Tax Liability, Restricted Stock, Beneficial Ownership, SEC Filing