Form 4: Repay Holdings Corp Director Hartheimer Reports Acquisition of 17,525 Shares

Director Robert Herman Hartheimer reports acquiring 17,525 shares of Repay Holdings Corp Class A Common Stock on May 30, 2024, through a grant of restricted stock units.

Summary

• Robert Herman Hartheimer, a director of Repay Holdings Corp, reported a transaction on May 30, 2024.
• Hartheimer acquired 17,525 shares of Class A Common Stock through a grant of restricted stock units at a price of $0.
• These restricted stock units vest on the earlier of the one-year anniversary of the grant date or the next annual meeting of stockholders at least 50 weeks after the grant date.
• The shares will be issued after Hartheimer ceases to be a director.
• Following the transaction, Hartheimer beneficially owns 80,856 shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director acquiring shares suggests confidence, but it's a standard transaction.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Future Outlook

The vesting of the restricted stock units is contingent upon the earlier of the one-year anniversary of the grant date or the next annual meeting of stockholders at least 50 weeks after the grant date, and the shares will be issued after the director ceases to be a director.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's acquisition of shares, which is a common occurrence.

Stakeholder Impact

• The acquisition of shares by a director could have a slightly positive impact on shareholder sentiment.

Key Dates