Form 4: REPAY Holdings Corp: President Alias Shaler Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


President Alias Shaler of REPAY Holdings Corp reports a transaction involving Class A Common Stock due to tax liability coverage.

Summary

  • On March 19, 2025, Alias Shaler, President of REPAY Holdings Corp, reported a change in beneficial ownership of Class A Common Stock.
  • 5,948 shares were disposed of to cover tax liability related to the vesting of restricted stock at a price of $5.88 per share.
  • Following the transaction, Shaler directly owns 557,744 shares of Class A Common Stock.
  • Shaler also indirectly owns 75,000 shares through a limited liability company where he owns all voting interests and serves as the sole member of the board of managers.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reflects a routine transaction related to tax obligations. It doesn't indicate a positive or negative outlook for the company.

Management Comments

  • The Reporting Person disclaims beneficial ownership of any securities reported herein as indirectly beneficially owned, except to the extent of his pecuniary interest therein.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors monitor these filings to understand the sentiment and actions of company executives.

Stakeholder Impact

  • The transaction has a minimal direct impact on stakeholders as it is related to insider tax obligations.

Key Dates

DateDescription
03/19/2025Date of transaction involving Class A Common Stock.
03/21/2025Date of signature by Attorney-in-Fact.

Keywords

Form 4, Beneficial Ownership, REPAY Holdings Corp, RPAY, Alias Shaler, Class A Common Stock, Tax Liability, Restricted Stock, Insider Trading

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