Repay Holdings Corp·4

Mar 9, 4:21 PM ET

Guthrie David M 4

Research Summary

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Repay (RPAY) CTO David M. Guthrie Withholds 7,641 Shares for Taxes

What Happened

  • David M. Guthrie, Chief Technology Officer of Repay Holdings Corp (RPAY), had 7,641 shares of Class A common stock withheld on March 5, 2026 to cover his tax liability related to vested time-based restricted stock. The withholding was recorded at $3.03 per share, for a notional value of approximately $23,152. This was a tax-withholding disposition (routine), not an open-market sale.

Key Details

  • Transaction date and price: March 5, 2026 — 7,641 shares at $3.03 per share.
  • Total value: roughly $23,152 (7,641 × $3.03).
  • Transaction code: F (tax withholding to cover tax liability).
  • Footnote: F1 — shares were withheld to cover the Reporting Person's tax liability in connection with vesting of previously reported time-based restricted stock.
  • Shares owned after the transaction: not specified in the provided filing details.
  • Filing timeliness: Form 4 was filed March 9, 2026; this falls within the SEC’s two-business-day reporting window for Form 4s and is therefore timely.

Context

  • Tax-withholding dispositions for vested restricted stock are routine and are generally administrative (they do not necessarily indicate a view on the company’s stock). This was not an exercise-and-sell or an open-market trade; it simply satisfied the tax withholding obligation tied to a prior equity award.