Barnett Naomi 4
Research Summary
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Repay (RPAY) EVP Naomi Barnett Receives Restricted Stock Award
What Happened Naomi Barnett, Executive Vice President of Repay Holdings Corp (RPAY), was granted 128,961 restricted Class A common shares on March 11, 2026. The Form 4 reports the shares were issued at $0.00 (award/grant), so no cash changed hands. This is a compensation award (not a market purchase or sale) and the shares are subject to vesting.
Key Details
- Transaction date: 2026-03-11; Form 4 filed: 2026-03-13 (appears timely).
- Shares granted: 128,961 restricted Class A common shares at $0.00 (reported value $0).
- Vesting: Footnote states vesting in four equal annual installments commencing March 11, 2027.
- Shares owned after transaction: not specified in the information provided.
- No 10b5-1 plan, tax withholding, or sale activity reported for this grant.
Context Restricted stock awards are a form of compensation that vest over time and generally cannot be sold until vested; they do not indicate an immediate market purchase or sale. Such grants are common for executives as long-term incentive compensation and should be interpreted as part of pay structure rather than a direct bullish or bearish trading signal.