Repay Holdings (NASDAQ: RPAY) KUBRA president reports 100-share insider stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Repay Holdings Corp executive Richard Jason Watkin, President of KUBRA, filed an initial ownership report on Form 3. He reports direct beneficial ownership of 100 shares of the company’s Class A Common Stock. This filing records his starting equity position as an officer rather than any new transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Watkin Richard Jason
Role
President, KUBRA
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 100 shares (Direct, null)
Footnotes (1)
Key Figures
Directly owned shares: 100 shares
1 metrics
Directly owned shares
100 shares
Class A Common Stock reported on Form 3
Key Terms
Form 3, Class A Common Stock, beneficial ownership, direct ownership
4 terms
Form 3 regulatory
"filed an initial ownership report on Form 3"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
Class A Common Stock financial
"100 shares of the company’s 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.
beneficial ownership financial
"He reports direct beneficial ownership of 100 shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
direct ownership financial
"These shares are listed as directly owned"
FAQ
What does the Richard Jason Watkin Form 3 filing for RPAY report?
The Form 3 shows Richard Jason Watkin, President of KUBRA at Repay Holdings Corp, as the direct beneficial owner of 100 shares of Class A Common Stock. It establishes his initial equity position as an insider, not a new market transaction.
Is the RPAY Form 3 for Richard Jason Watkin a buy or sell transaction?
The RPAY Form 3 for Richard Jason Watkin does not record a buy or sell transaction. It is an initial ownership filing that simply discloses his beneficial ownership of 100 shares of Class A Common Stock as an insider at the company.
What role does Richard Jason Watkin have at Repay Holdings Corp (RPAY)?
Richard Jason Watkin is listed as President, KUBRA at Repay Holdings Corp. His Form 3 filing reflects his status as an officer, requiring disclosure of his direct beneficial ownership of 100 Class A Common Stock shares under SEC reporting rules.
Does the Richard Jason Watkin Form 3 for RPAY show any derivative securities?
The Form 3 data provided for Richard Jason Watkin shows no derivative securities positions. It only lists direct ownership of 100 shares of Class A Common Stock, with no options, warrants, or other derivative holdings reported in the derivative summary.