Form 4: REPAY Holdings Corp: President Alias Shaler Reports Changes in Beneficial Ownership
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
| Date | Description |
|---|---|
| 03/19/2025 | Date of transaction involving Class A Common Stock. |
| 03/21/2025 | Date 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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