Guthrie David M 4
Research Summary
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Repay (RPAY) CTO David M. Guthrie Withholds 6,627 Shares
What Happened David M. Guthrie, Chief Technology Officer of Repay Holdings Corp (RPAY), had 6,627 shares of Class A common stock withheld to satisfy his tax liability in connection with the vesting of time‑based restricted stock. The shares were valued at $2.65 each, for a total of approximately $17,562. This was a tax‑withholding disposition (not an open‑market sale or purchase).
Key Details
- Transaction date: 2026-03-19; Price per share: $2.65; Total value: ~$17,562.
- Transaction type: F — shares withheld to cover tax liability (disposition).
- Footnote: F1 — withholding relates to withholding shares to cover taxes from previously reported time‑based RSU vesting.
- Filing: Form 4 filed 2026-03-23; filing appears within the standard two business‑day reporting window.
- Shares owned after transaction: not specified in the provided report.
Context Tax‑withholding dispositions are routine and reflect the employer withholding shares to satisfy payroll/tax obligations when restricted stock vests. Such transactions do not necessarily indicate the insider’s view of the company’s prospects, unlike open‑market purchases or intentional sales.