Form 4: Repay Holdings Corp: General Counsel Dempsey Tyler B Reports Tax Liability Stock Disposals
SEC Form 4 Filing
Tyler B. Dempsey, General Counsel of Repay Holdings Corp, reports disposals of Class A Common Stock to cover tax liabilities related to vesting restricted stock.
Summary
- On February 23, 2025, Tyler B. Dempsey, General Counsel of Repay Holdings Corp, disposed of 1,911 shares of Class A Common Stock at a price of $7.2.
- On February 24, 2025, Dempsey disposed of 1,376 shares of Class A Common Stock at a price of $7.28.
- These disposals were to cover the reporting person's tax liability in connection with the vesting of time-based restricted stock.
- Following these transactions, Dempsey beneficially owns 261,166 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations, so it doesn't indicate particularly positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders. The sale of shares to cover tax obligations upon vesting of restricted stock is a common practice.
Key Dates
| Date | Description |
|---|---|
| 02/23/2025 | Disposal of 1,911 shares of Class A Common Stock at $7.2. |
| 02/24/2025 | Disposal of 1,376 shares of Class A Common Stock at $7.28. |
| 02/25/2025 | Date of signature for the report. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.