Form 4: Repay Holdings Corp Executive Dempsey Tyler B Reports Tax Liability Stock Disposal
SEC Form 4 Filing
Tyler B. Dempsey, General Counsel of Repay Holdings Corp, reports disposing of 1,817 shares to cover tax liabilities.
Summary
- On March 11, 2024, Tyler B. Dempsey, General Counsel of Repay Holdings Corp, disposed of 1,817 shares of Class A Common Stock.
- The shares were withheld to cover the reporting person's tax liability related to the vesting of previously reported time-based restricted stock.
- The transaction was executed at a price of $9.98 per share.
- Following the transaction, Dempsey directly owns 265,502 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations. It doesn't necessarily reflect a strategic shift or significant event for Repay Holdings Corp within the broader payment processing industry.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of stock disposal to cover tax liability. |
| 03/12/2024 | Date of signature on the Form 4 filing. |
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