Form 4: REPAY Holdings General Counsel Tyler B. Dempsey Receives 80,000 Shares of Restricted Stock

Tyler B. Dempsey, General Counsel of REPAY Holdings Corporation, was granted 80,000 shares of restricted Class A common stock on March 5, 2025, which will vest in four equal annual installments starting March 5, 2026.

Summary

• On March 5, 2025, Tyler B. Dempsey, General Counsel of REPAY Holdings Corporation, received a grant of 80,000 shares of restricted Class A common stock.
• These shares will vest in four equal annual installments, beginning on March 5, 2026.
• Following this transaction, Dempsey directly owns 341,166 shares of Class A Common Stock.

Sentiment

Score: 7

Explanation: The document reflects a standard executive compensation practice, indicating stability and alignment of interests. It's a neutral to slightly positive event.

Positives

• The grant of restricted stock aligns the General Counsel's interests with the long-term performance of the company.

Future Outlook

The vesting schedule suggests a commitment from the General Counsel to remain with the company for at least four years.

Industry Context

Grants of restricted stock are a common form of executive compensation, aligning management's interests with those of shareholders by incentivizing long-term value creation.

Comparison to Industry Standards

• Stock grants are a typical component of executive compensation packages in the financial technology sector.
• Comparable companies like Global Payments, Fiserv, and Block also utilize stock options and restricted stock units to incentivize their executives.
• The size of the grant is relative to the executive's role and the company's overall compensation strategy.

Stakeholder Impact

• Shareholders may view the stock grant positively as it aligns management's interests with the company's long-term success.
• Employees may see this as a sign of the company's commitment to its leadership team.

Key Dates