Repay Holdings (RPAY) insider reports tax-related share withholdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Repay Holdings Corp General Counsel Tyler B. Dempsey reported two tax-related share dispositions of Class A Common Stock. On February 19, he surrendered 5,471 shares at $3.14 per share, and on February 23 he surrendered 2,239 shares at $3.06 per share. In both cases, the shares were withheld to cover his tax liability upon vesting of previously reported time-based restricted stock, rather than sold in the open market. After these transactions, he directly owns 327,694 shares of Repay Holdings Corp Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Dempsey Tyler B
Role
General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 2,239 | $3.06 | $7K |
| Tax Withholding | Class A Common Stock | 5,471 | $3.14 | $17K |
Holdings After Transaction:
Class A Common Stock — 327,694 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did RPAY General Counsel Tyler B. Dempsey report?
Tyler B. Dempsey reported two tax-withholding dispositions of Class A Common Stock. On February 19, 5,471 shares were withheld, and on February 23, 2,239 shares were withheld to cover tax liabilities tied to restricted stock vesting.
Were the recent RPAY insider transactions open-market sales?
No, the RPAY insider transactions were not open-market sales. The filing states the shares were withheld to satisfy the insider’s tax liability upon vesting of previously reported time-based restricted stock, a common administrative mechanism rather than discretionary selling.
What does transaction code F mean in the RPAY Form 4 filing?
Transaction code F in the RPAY Form 4 indicates a disposition to pay an exercise price or tax liability by delivering securities. Here, it reflects shares of Class A common stock withheld specifically to cover the insider’s tax obligations on restricted stock vesting.