Forager Fund, L.P. 4/A

What Happened
Forager Fund, L.P. (a reported 10% owner) acquired a total of 913,711 shares of Repay Holdings Corp (RPAY) in three open-market purchases between April 7–9, 2026. Transactions: 350,000 shares on 2026-04-07 at a weighted $2.42 ($847,000); 484,720 shares on 2026-04-08 at a weighted $2.57 ($1,245,730); and 78,991 shares on 2026-04-09 at a weighted $2.68 ($211,696). Aggregate cash spent ≈ $2,304,426. These were purchases (acquisitions), which are generally viewed as a more informative/positive insider signal than routine sales.

Key Details

• Transaction dates and weighted prices: Apr 7 (350,000 @ $2.42, range $2.315–$2.45); Apr 8 (484,720 @ $2.57, range $2.505–$2.60); Apr 9 (78,991 @ $2.68, range $2.645–$2.76). Footnotes provide the per-price ranges and offer to disclose exact breakdowns on request.
• Filing: This is an amended Form 4 filed Apr 10, 2026 to correct the acquisition/disposition code (original Form 4 filed Apr 9, 2026). The amendment changes the transactions to acquisitions (A) rather than dispositions (D).
• Ownership notes: Forager Fund, L.P. is the reporting entity; Forager Capital Management, LLC is the general partner and directly holds 100 shares (see footnote). Each named principal disclaims beneficial ownership except for any pecuniary interest. The filing does not state the total shares beneficially owned after these purchases.
• Transaction type: Open-market purchases by a 10% institutional holder (not an executive insider or option exercise).

Context
These are straight open-market purchases by an institutional 10% holder rather than executive trades or option exercises. The amendment corrects reporting codes — a clerical fix that clarifies these were buys. As always, purchases by large holders are factual data points; they do not prove future performance.