Form 4: Repay Holdings Executive Vice President Naomi Barnett Reports Stock Transactions

Naomi Barnett, Executive Vice President of Repay Holdings Corp, reports acquisition and disposal of Class A Common Stock related to performance-based restricted stock units.

Summary

• On February 12, 2025, Naomi Barnett, Executive Vice President of Repay Holdings Corp, reported transactions involving Class A Common Stock.
• Barnett acquired 8,499 shares of Class A Common Stock at $0 related to performance-based restricted stock units (PSUs) that vested after a three-year performance period from January 1, 2022, to December 31, 2024.
• The Issuer's Compensation Committee approved the achievement level of the PSU performance targets on February 12, 2025.
• Barnett also disposed of 2,979 shares of Class A Common Stock at $7.19 to cover tax liabilities associated with the vesting of the PSUs.
• Following these transactions, Barnett beneficially owns 129,371 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax-related stock disposals.

Key Dates

Keywords

Form 4, Repay Holdings Corp, RPAY, Naomi Barnett, Executive Vice President, Class A Common Stock, Performance-Based Restricted Stock Units, PSUs, Beneficial Ownership, Stock Transactions