Form 4: Repay Holdings Corp Executive Guthrie Sells Shares to Cover Tax Obligations

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

Summary

• On March 19, 2025, David M. Guthrie, the Chief Technology Officer of Repay Holdings Corp, disposed of 6,671 shares of Class A Common Stock.
• The shares were sold at a price of $5.88 per share.
• This transaction was to cover the reporting person's tax liability in connection with the vesting of time-based restricted stock.
• Following the transaction, Guthrie directly owns 270,534 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The document describes a routine transaction (selling shares to cover tax obligations). It doesn't indicate any significant positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. This transaction appears to be a standard sale to cover tax obligations, which is a common practice.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares by an executive to cover tax obligations.

Key Dates

Keywords

Form 4, Repay Holdings Corp, RPAY, David M. Guthrie, Chief Technology Officer, Stock Sale, Tax Liability, Class A Common Stock, Vesting, Restricted Stock