Sullivan Thomas Eugene 4

What Happened

• Thomas Sullivan (filed as Sullivan Thomas Eugene), Chief Accounting Officer of Repay Holdings Corp (RPAY), was granted 91,549 restricted Class A common shares on March 11, 2026. The shares were reported at $0.00 per share (acquisition value $0 on the Form 4), reflecting an equity award rather than a market purchase.

Key Details

• Transaction date: 2026-03-11; Form 4 filed: 2026-03-13 (filed within the typical 2-business-day window).
• Transaction type: Award/Grant of restricted Class A common stock (code A on Form 4).
• Shares granted: 91,549; reported price: $0.00; reported acquisition value: $0.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: The grant vests in four equal annual installments beginning March 11, 2027 (see footnote F1).
• No 10b5-1 plan, tax withholding, or immediate sale noted in the filing excerpt.

Context

• This is a compensation award (restricted stock) that typically vests over time and may be forfeited if vesting conditions aren’t met; it is not an open-market purchase or sale. Such grants are routine for executive compensation and do not by themselves indicate buying or selling sentiment.