Form 4: Repay Holdings Corp Executive Vice President Reports Stock Disposals for Tax Obligations

Jacob Hamilton Moore, Executive Vice President of Repay Holdings Corp, reports disposing of Class A Common Stock to cover tax liabilities related to vesting restricted stock.

Summary

• On February 23 and 24, 2024, Jacob Hamilton Moore, an Executive Vice President at Repay Holdings Corp, disposed of shares of Class A Common Stock.
• The disposals were made to cover the reporting person's tax liability in connection with the vesting of time-based restricted stock.
• On February 23, 2024, 1,261 shares were disposed of at a price of $8.33.
• On February 24, 2024, 924 shares were disposed of at a price of $8.33.
• Following these transactions, Moore beneficially owns 351,577 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions for tax purposes, indicating a neutral sentiment.

Industry Context

This is a routine Form 4 filing related to stock transactions by a company executive, which is common in publicly traded companies. It doesn't necessarily indicate a broader trend in the payment processing industry.

Stakeholder Impact

• The stock disposal is unlikely to have a significant impact on shareholders, employees, customers, suppliers, or creditors.

Key Dates