STOCK TITAN

Repay insider may sell 25,000 shares under Rule 144

Officer Dempsey Tyler B has filed a Rule 144 notice to resell 25,000 restricted RPAY common shares originally granted in 2019.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Repay Holdings Corp (RPAY) is the issuer for a planned resale of restricted common stock under Rule 144 by officer Dempsey Tyler B. The notice covers 25,000 shares of common stock, originally received as a Restricted Stock Award on December 24, 2019, to be sold through Rockefeller Capital Management on NASDAQ.

The filing reports an aggregate market value of $97,867.20 for the 25,000 shares as of the intended sale listing, and identifies National Financial Services LLC, via an attorney-in-fact, as the signing broker representative for the transaction.

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Shares proposed to be sold 25,000 shares of common stock Rule 144 notice for Repay Holdings Corp
Aggregate market value of shares $97,867.20 25,000 RPAY common shares covered by the notice
Award date of restricted stock December 24, 2019 Restricted Stock Award through which the 25,000 shares were acquired from the issuer
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Award financial
"Common | 12/24/2019 | Restricted Stock Award | Issuer"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
attorney-in-fact regulatory
"as attorney-in-fact for Dempsey Tyler B"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing mean for Repay Holdings Corp (RPAY)?

It discloses that 25,000 restricted common shares held for officer Dempsey Tyler B may be sold under Rule 144. This is a notice of a potential resale by an affiliate and does not represent a new issuance of RPAY shares.

How many RPAY shares are covered by this Rule 144 notice?

The notice covers 25,000 shares of Repay Holdings Corp common stock. These shares were originally acquired as a Restricted Stock Award dated December 24, 2019.

What is the reported market value of the RPAY shares in this Form 144?

The filing reports an aggregate market value of $97,867.20 for the 25,000 shares of Repay Holdings Corp common stock proposed to be sold through Rockefeller Capital Management.

How were the RPAY shares in this filing originally acquired?

The 25,000 RPAY common shares were acquired via a Restricted Stock Award dated December 24, 2019, with the issuer listed as the source of the securities.

Who is executing the potential sale of RPAY shares in this Form 144?

The securities information lists Rockefeller Capital Management as the firm involved in the proposed sale on NASDAQ, and the notice is signed by Carmen Zamores as a duly authorized representative of National Financial Services LLC, acting as attorney-in-fact for Dempsey Tyler B.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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