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

Jacob Hamilton Moore, Executive Vice President of Repay Holdings Corp, disposed of shares to cover tax liabilities related to vesting restricted stock.

Summary

• On February 23, 2025, Jacob Hamilton Moore, an Executive Vice President at Repay Holdings Corp, disposed of 1,067 shares of Class A Common Stock at a price of $7.2.
• On February 24, 2025, Moore disposed of an additional 782 shares of Class A Common Stock at a price of $7.28.
• These transactions were to cover the reporting person's tax liability in connection with the vesting of time-based restricted stock.
• Following these transactions, Moore beneficially owns 137,982 shares of Class A Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing reflects a routine transaction to cover tax obligations. It doesn't indicate any fundamental issues with the company.

Industry Context

Form 4 filings are a routine part of the US stock market and are required by the SEC to ensure transparency of insider transactions. This filing indicates that an executive disposed of shares to cover tax obligations, which is a common practice.

Stakeholder Impact

• The disposal of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the transaction.

Key Dates