Form 4: REPAY Holdings CTO David Guthrie Acquires Shares Through Employee Stock Plan

REPAY Holdings Corp's Chief Technology Officer, David M. Guthrie, acquired 1,000 shares of Class A Common Stock through the company's Employee Stock Purchase Plan, while also disposing of a small portion for tax obligations.

Summary

• David M. Guthrie, Chief Technology Officer of Repay Holdings Corp (RPAY), acquired 1,000 shares of Class A Common Stock on May 31, 2025, at a price of $4.09 per share.
• These shares were acquired under the Repay Holdings Corporation 2021 Employee Stock Purchase Plan (ESPP).
• Concurrently, 45 shares of Class A Common Stock were disposed of on May 31, 2025, at a price of $4.81 per share to cover the reporting person's tax liability related to the ESPP acquisition.
• Following these transactions, Mr. Guthrie directly beneficially owns 271,489 shares of Class A Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive due to an insider acquiring shares, even if through a routine employee plan, indicating continued alignment and confidence. The disposition is for tax purposes and does not reflect negative sentiment.

Positives

• The acquisition of 1,000 shares by the Chief Technology Officer, David M. Guthrie, through the Employee Stock Purchase Plan, indicates continued insider confidence in the company's future prospects and aligns management's interests with shareholders.

Negatives

• The disposition of 45 shares was solely to cover tax liabilities associated with the ESPP acquisition, which is a standard and routine practice and does not reflect a negative outlook on the company.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Management Comments

• The filing was signed by Tyler B. Dempsey, as Attorney-in-Fact for David M. Guthrie, indicating a delegation of authority for SEC filings.

Industry Context

This filing is a routine insider transaction report and does not provide information relevant to broader industry trends or competitive landscape within the payments or financial technology sectors.

Corporate Governance

Related Party Transactions

• The acquisition of 1,000 shares by David M. Guthrie, a Chief Technology Officer, under the Repay Holdings Corporation 2021 Employee Stock Purchase Plan (ESPP), constitutes a transaction between the company and a related party (an insider).

Stakeholder Impact

• Shareholders: The acquisition by a key executive may be viewed as a positive signal of management's belief in the company's value, potentially reinforcing investor confidence.
• Employees: The ESPP facilitates employee ownership, aligning employee interests with company performance.

Key Dates

Keywords

REPAY Holdings Corp, RPAY, Insider Trading, Form 4, Employee Stock Purchase Plan, ESPP, Stock Acquisition, Chief Technology Officer, David M. Guthrie, Beneficial Ownership