Sullivan Thomas Eugene 4

What Happened Thomas E. Sullivan, Repay Holdings Corp's Chief Accounting Officer, had 3,624 shares of Class A common stock withheld to cover a tax liability related to vested restricted stock. The withheld shares were valued at $3.03 each, for a total of $10,981. This was a tax-withholding disposal (not an open-market sale).

Key Details

• Transaction date: 2026-03-05; Price per share: $3.03; Shares: 3,624; Total value: $10,981.
• Transaction type/code: Disposal via tax withholding (code F). The filing shows the shares were withheld to satisfy the reporting person's tax obligation.
• Footnote: F1 — shares withheld to cover the Reporting Person's tax liability in connection with vesting of time-based restricted stock.
• Shares owned after transaction: Not specified in the supplied filing details.
• Filing timeliness: Report filed 2026-03-09; this appears to be within the normal Form 4 reporting window (filed by the second business day).

Context This is a routine tax-withholding event tied to the vesting of restricted stock rather than an active decision to sell shares on the open market. Such disposals generally reflect required tax payments and are not necessarily indicative of the insider's view on the company's stock.