Form 4: Repay Holdings Corp Executive Vice President Sells Shares 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 19, 2025, Jacob Hamilton Moore, an Executive Vice President at Repay Holdings Corp, disposed of 5,620 shares of Class A Common Stock.
• The shares were sold at a price of $7.4.
• This transaction was to cover the reporting person's tax liability in connection with the vesting of shares of time-based restricted stock.
• Following the transaction, Moore directly owns 139,831 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to an insider transaction. The transaction itself (selling shares to cover taxes) is neutral and doesn't necessarily indicate positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions and can be used by investors to gauge management's sentiment and confidence in the company.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.

Key Dates

Keywords

Form 4, RPAY, Repay Holdings Corp, Jacob Hamilton Moore, Executive Vice President, Share Disposal, Tax Liability, Restricted Stock, Class A Common Stock