Form 4: Repay Holdings Corp: Chief Technology Officer Receives Stock Grant

David M. Guthrie, Chief Technology Officer of Repay Holdings Corp, reports a transaction involving the grant of restricted Class A common stock.

Summary

• On March 5, 2025, David M. Guthrie, the Chief Technology Officer of Repay Holdings Corp, was granted 94,320 shares of Class A common stock.
• These shares are restricted and will vest in four equal annual installments starting March 5, 2026.
• Following this transaction, Guthrie beneficially owns 277,205 shares of Class A Common Stock.

Sentiment

Score: 7

Explanation: The document reflects a standard executive compensation practice, indicating stability and alignment of interests. It's a neutral to slightly positive event.

Positives

• The grant of restricted stock aligns the executive's interests with those of the shareholders, incentivizing long-term performance.

Future Outlook

The vesting schedule of the restricted stock suggests a commitment to the company's long-term growth and stability.

Industry Context

Stock grants are a common form of executive compensation in the technology industry, used to attract and retain talent while aligning their interests with shareholder value.

Comparison to Industry Standards

• Companies like Block, Inc. and PayPal Holdings, Inc. also utilize stock grants as part of their executive compensation packages.
• The vesting schedules and amounts of these grants are typically benchmarked against industry peers to ensure competitiveness.

Stakeholder Impact

• Shareholders may view the stock grant positively as it aligns management's interests with the company's long-term success.
• Employees may see this as a sign of the company's commitment to its leadership team.

Key Dates