Repay (RPAY) Director Zachary F. Sadek Receives RSU Award

What Happened

• Zachary F. Sadek, a director of Repay Holdings Corp (RPAY), was granted 42,500 restricted stock units (RSUs) on July 31, 2026. The grant is reported at $0.00 per share because it is an award rather than a purchase; no cash was exchanged at grant.

Key Details

• Transaction date: 2026-07-31; transaction type: A (Award/Grant). Report filed: 2026-08-04 (timely).
• Shares/units granted: 42,500 RSUs; reported acquisition value: $0.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnote F1: RSUs vest on the earlier of (a) one year after the grant or (b) the next regularly scheduled annual meeting at least 50 weeks after the grant date. Shares subject to the RSUs will be issued to the reporting person only after he ceases to be a director, per the award agreement (i.e., settlement is deferred).
• Footnote F2: The RSUs were granted for the benefit of PCP Managers II, L.P., for which Sadek serves as the Issuer board representative; Sadek is obligated to transfer any shares received upon settlement to that Manager and follow its instructions regarding disposition.

Context

• This was a compensation grant, not a market purchase or sale. Awards like RSUs are routine board compensation and do not by themselves indicate an immediate buying or selling signal, especially here where issuance is deferred until after service ends.
• Because the RSUs benefit an entity (PCP Managers II, L.P.) and Sadek is required to transfer any settled shares to that Manager, the economic beneficiary is institutional via that arrangement rather than Sadek personally retaining the shares.