Form 4: Repay Holdings Executive Vice President Jacob Hamilton Moore Sells Shares

Executive Vice President Jacob Hamilton Moore of Repay Holdings Corp. [RPAY] sold shares of Class A Common Stock on September 4th and 5th, 2024, according to a Form 4 filing with the SEC.

Summary

• Jacob Hamilton Moore, an Executive Vice President at Repay Holdings Corp. [RPAY], filed a Form 4 with the SEC.
• On September 4, 2024, Moore exchanged 106,013 Post-Merger Repay Units for 106,013 shares of Class A Common Stock.
• Also on September 4, 2024, Moore sold 210,632 shares of Class A Common Stock at a weighted average price of $8.31 per share.
• On September 5, 2024, Moore sold 100,000 shares of Class A Common Stock at a weighted average price of $8.22 per share.
• Following these transactions, Moore directly owns 240,130 shares of Class A Common Stock and indirectly owns 140,130 shares of Class A Common Stock.
• The Post-Merger Repay Units are non-voting limited liability company interests in Hawk Parent Holdings, LLC and can be exchanged for Class A common stock on a one-for-one basis or, at the Issuer's option, for cash.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it simply reports transactions. It doesn't inherently indicate positive or negative outlook for the company.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings to gauge management's sentiment about the company's prospects.

Stakeholder Impact

• The sale of shares by an executive officer could be perceived differently by stakeholders; some may see it as a lack of confidence, while others may view it as a normal part of personal financial management.

Key Dates