Form 4: Repay Holdings Corp Executive Vice President Naomi Barnett Reports Stock Disposals to Cover Tax Obligations

Naomi Barnett, Executive Vice President of Repay Holdings Corp, reported disposing of Class A Common Stock to cover tax liabilities related to vesting restricted stock.

Summary

• Naomi Barnett, an Executive Vice President at Repay Holdings Corp, filed a Form 4 with the SEC.
• The filing reports the disposal of Class A Common Stock on February 23, 2025, and February 24, 2025, to cover tax liabilities.
• A total of 1,093 shares were disposed of at a price of $7.2 on February 23, 2025.
• A total of 947 shares were disposed of at a price of $7.28 on February 24, 2025.
• Following these transactions, Barnett beneficially owns 123,407 shares of Class A Common Stock.
• The disposals were related to covering tax obligations associated with the vesting of time-based restricted stock.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing related to stock disposals for tax purposes, indicating a neutral sentiment.

Industry Context

Form 4 filings are standard practice for company insiders reporting transactions in their company's stock. These filings provide transparency to the market.

Stakeholder Impact

• The stock disposal could have a minor impact on shareholders due to the increased supply of shares in the market, but the effect is likely minimal given the relatively small number of shares involved.

Key Dates