Repay Holdings (RPAY) director receives 50,295 restricted stock units in grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rios Emnet Legesse reported acquisition or exercise transactions in this Form 4 filing.
Repay Holdings Corp director Emnet Legesse Rios received an equity grant of 50,295 Class A Common Stock restricted stock units. The award carries a zero grant price and is part of director compensation, not an open-market purchase.
The RSUs 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. Shares underlying these units will only be issued after Rios ceases to be a director, according to the award terms. Following this grant, Rios holds 147,398 shares of Class A Common Stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rios Emnet Legesse
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 50,295 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 147,398 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 50,295 units
Grant price: $0.0000 per share
Shares held after grant: 147,398 shares
+2 more
5 metrics
RSUs granted
50,295 units
Restricted stock unit award to director on grant date
Grant price
$0.0000 per share
RSU award price
Shares held after grant
147,398 shares
Total Class A Common Stock directly held after transaction
Vesting trigger
Earlier of one-year anniversary or next annual meeting
RSU vesting condition tied to time and stockholder meeting
Deferred delivery
Shares issued after director service ends
Settlement timing per award agreement
Key Terms
restricted stock units, Class A Common Stock, grant date, annual meeting of stockholders, +1 more
5 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.
Class A Common Stock financial
"security_title": "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
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) report for Emnet Legesse Rios?
Repay Holdings reported that director Emnet Legesse Rios received 50,295 restricted stock units of Class A Common Stock as a compensation grant. The units were awarded at no cash cost and increase Rios’s direct holdings to 147,398 shares following the transaction.
How do the new RSUs granted to Emnet Legesse Rios at RPAY vest?
The 50,295 restricted stock units vest on the earlier of the one-year anniversary of the grant date or the next regularly scheduled annual stockholder meeting held at least 50 weeks after the grant date. This schedule ties vesting to both time and the company’s governance calendar.
What are Emnet Legesse Rios’s total RPAY holdings after the latest Form 4 transaction?
After the restricted stock unit grant, Emnet Legesse Rios directly holds 147,398 shares of Repay Holdings Class A Common Stock. This total includes the impact of the new 50,295-unit award reported in the Form 4 insider transaction filing.