Repay Holdings Corp (RPAY) director granted 73,964 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KIGHT PETER J reported acquisition or exercise transactions in this Form 4 filing.
Repay Holdings Corp director Peter J. Kight reported an equity award of 73,964 shares of Class A Common Stock in the form of restricted stock units. These units were granted at no cash cost and increase his direct holdings to 1,744,034 shares after the award.
The restricted stock units vest on the earlier of the one-year anniversary of the grant date or the next regularly scheduled annual stockholder meeting that is at least 50 weeks after the grant date. According to the award terms, the underlying shares will be issued after he ceases to be a director.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
KIGHT PETER J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 73,964 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 1,744,034 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock units granted: 73,964 shares
Transaction price per share: $0.0000 per share
Total shares following transaction: 1,744,034 shares
3 metrics
Restricted stock units granted
73,964 shares
Equity award to director on June 10, 2026
Transaction price per share
$0.0000 per share
Grant of restricted stock units
Total shares following transaction
1,744,034 shares
Director Peter J. Kight direct holdings after grant
Key Terms
restricted stock units, grant date, 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"
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.
grant date financial
"the one-year anniversary of the grant date, and (b) the next"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
annual meeting of stockholders financial
"the next regularly scheduled annual meeting of stockholders of Issuer"
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 Corp (RPAY) disclose for Peter J. Kight?
Repay Holdings Corp reported that director Peter J. Kight received an equity award of 73,964 restricted stock units tied to Class A Common Stock. This grant was made at no cash cost and reflects compensation rather than an open-market purchase or sale.
What are the vesting terms of the restricted stock units granted by Repay Holdings Corp (RPAY)?
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 held at least 50 weeks after the grant date. These conditions determine when the award becomes fully earned for the director.
Was cash paid for the Repay Holdings Corp (RPAY) restricted stock units granted to Peter J. Kight?
No cash was paid for this award. The Form 4 shows a transaction price per share of 0.0000 for the 73,964 restricted stock units, indicating they were granted as compensation rather than purchased in the market.