Repay (RPAY) director granted 50,295 restricted stock units in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GOEBEL MARYANN reported acquisition or exercise transactions in this Form 4 filing.
Repay Holdings Corp director Maryann Goebel was granted 50,295 shares of Class A Common Stock in the form of restricted stock units. The award was granted at no cash cost per share and increased her direct holdings to 165,151 shares.
The restricted stock units vest on the earlier of the one-year anniversary of the grant date or the next regularly scheduled annual meeting of stockholders that is at least 50 weeks after the grant date. Under the award terms, the underlying shares will be delivered after she ceases to be a director.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GOEBEL MARYANN
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 50,295 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 165,151 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock units granted: 50,295 units
Grant price per share: $0.0000 per share
Shares held after transaction: 165,151 shares
+1 more
4 metrics
Restricted stock units granted
50,295 units
Class A Common Stock grant on June 10, 2026
Grant price per share
$0.0000 per share
Director equity award, non-cash grant
Shares held after transaction
165,151 shares
Total direct Class A Common Stock following grant
Vesting schedule
Earlier of 1-year anniversary or next annual meeting (≥50 weeks)
Restricted stock unit vesting condition
Key Terms
restricted stock units, vest, annual meeting of stockholders, award agreement
4 terms
restricted stock units financial
"Reflects a grant of restricted stock units that vest on the earlier of: (a) the one-year anniversary of the grant date..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vest financial
"Reflects a grant of restricted stock units that vest on the earlier of: (a) the one-year anniversary of the grant date..."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
annual meeting of stockholders financial
"the next regularly scheduled annual meeting of stockholders of Issuer that is at least 50 weeks after the grant date"
award agreement financial
"pursuant to the terms of the award agreement"
An award agreement is a legal contract that spells out the terms of a pay or equity grant—such as stock options, restricted shares, or cash bonuses—given to an employee, director or consultant. It describes what is being granted, any conditions for keeping it (for example, earning it over time or meeting performance targets), and what happens if the person leaves or breaks rules. Investors care because these agreements affect company costs, potential share dilution and how executives are motivated and rewarded.
FAQ
What insider transaction did Repay Holdings (RPAY) report for Maryann Goebel?
Repay reported that director Maryann Goebel received a grant of 50,295 restricted stock units of Class A Common Stock. This is a compensation-related award at no cash cost per share, not an open-market share purchase or sale by the director.
How do the new restricted stock units for Repay (RPAY) director Maryann Goebel vest?
The restricted stock units vest on the earlier of the one-year anniversary of the grant date or the next regularly scheduled annual stockholders’ meeting that is at least 50 weeks after the grant date. This structure ties vesting to both time and the company’s regular governance calendar.