Barnett Naomi 4
Research Summary
AI-generated summary
Repay (RPAY) EVP Naomi Barnett Withholds 5,105 Shares for Taxes
What Happened Naomi Barnett, Executive Vice President of Repay Holdings Corp (RPAY), had 5,105 shares of Class A common stock withheld to cover tax liabilities in connection with the vesting of time‑based restricted stock. The withholding price reported was $3.03 per share, for a disposal value of approximately $15,468 (5,105 × $3.03). This was a tax-withholding disposition (routine) rather than an open-market sale or purchase.
Key Details
- Transaction date: 2026-03-05; Filing date (Form 4): 2026-03-09 (timely filed).
- Reported disposition: 5,105 shares withheld at $3.03/share (total ≈ $15,468).
- Transaction code: F — shares withheld to satisfy tax withholding obligations.
- Footnote: F1 — shares were withheld to cover the Reporting Person's tax liability from vesting of previously reported time-based restricted stock.
- Shares owned after transaction: not specified in the excerpt provided.
Context
- This is a routine tax-withholding event tied to RSU vesting and does not necessarily indicate a change in the insider’s market view. It is not an open-market sale or a purchase (transaction code distinguishes it as tax withholding).