Dempsey Tyler B 4
Research Summary
AI-generated summary
Repay (RPAY) GC Tyler B. Dempsey Withholds 7,710 Shares for Taxes
What Happened
- Tyler B. Dempsey, General Counsel of Repay Holdings Corp (RPAY), had shares of Class A common stock withheld to satisfy tax withholding related to time‑based restricted stock vesting. A total of 7,710 shares were disposed via withholding: 5,471 shares on 2026-02-19 at $3.14 each ($17,179) and 2,239 shares on 2026-02-23 at $3.06 each ($6,851). These are administrative tax-withholding dispositions rather than open-market sales.
Key Details
- Transaction dates and amounts:
- 2026-02-19: 5,471 shares withheld @ $3.14 = $17,179
- 2026-02-23: 2,239 shares withheld @ $3.06 = $6,851
- Total withheld: 7,710 shares for approximately $24,030.
- Footnote: F1 — shares withheld to cover the Reporting Person's tax liability in connection with vesting of previously reported time‑based restricted stock.
- Filing: Form 4 was filed 2026-02-23 reporting the 2026-02-19 and 2026-02-23 dispositions; the filing appears timely (not marked late).
Context
- These transactions are tax-withholding dispositions (transaction code F), a routine administrative action when restricted stock vests; they do not represent an open-market sale or direct purchase decision by the insider.
- Such withholding transactions are common after RSU vesting and generally should not be interpreted as a strong signal about the insider’s view of the company.