Form 4: Repay Holdings Corp Executive Vice President Alexander M Cohen Reports Tax Liability Stock Disposal
SEC Form 4 Filing
Executive Vice President Alexander M Cohen of Repay Holdings Corp reports disposal of shares to cover tax liability.
Summary
- On November 4, 2024, Alexander M Cohen, Executive Vice President of Repay Holdings Corp, disposed of 3,587 shares of Class A Common Stock to cover tax liability.
- The shares were withheld at a price of $8.06 per share.
- Following the transaction, Cohen beneficially owns 152,384 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral event related to tax obligations, not indicative of positive or negative sentiment regarding the company's performance.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard transaction to cover tax obligations related to stock vesting, which is a common practice.
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 |
|---|---|
| 11/04/2024 | Date of transaction: Disposal of shares to cover tax liability. |
| 11/05/2024 | Date of signature on the report. |
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