Repay Holdings Corp (RPAY) CAO reports tax-withholding share disposition on Form 4

Rhea-AI Filing Summary

Repay Holdings Corp Chief Accounting Officer reports tax-withholding share disposition. Thomas Eugene Sullivan had 3,624 shares of Class A common stock withheld at $3.03 per share to cover tax obligations upon vesting of previously granted restricted stock, leaving him with 161,682 shares directly held.

Insider Trade Summary

Net Seller: 3,624 shares

Net Sell 1 txn

Insider Sullivan Thomas Eugene

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Class A Common Stock	3,624	$3.03	$11K

Holdings After Transaction: Class A Common Stock — 161,682 shares (Direct)

Footnotes (1)

1. F1. Reflects shares of Class A common stock of the Issuer withheld to cover the Reporting Person's tax liability in connection with the vesting of shares of time-based restricted stock previously reported by the Reporting Person.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 03/09/2026 - 04:24 PM Learn about SEC filing dates

FAQ

What insider transaction did RPAY’s Chief Accounting Officer report on this Form 4?

Repay Holdings Corp’s Chief Accounting Officer, Thomas Eugene Sullivan, reported a tax-withholding disposition of 3,624 shares of Class A common stock at $3.03 per share, tied to the vesting of previously granted time-based restricted stock.

Was the RPAY insider transaction an open-market sale of shares?

No. The Form 4 shows a code F tax-withholding disposition, meaning shares were withheld by the company to cover the reporting person’s tax liability from vesting restricted stock, rather than sold in an open-market transaction.

How many RPAY shares does the insider hold after this Form 4 transaction?

After the tax-withholding disposition, Thomas Eugene Sullivan directly holds 161,682 shares of Repay Holdings Corp Class A common stock, as reported in the Form 4’s post-transaction ownership column.

What does transaction code F mean in the RPAY Form 4 filing?

Transaction code F indicates payment of an exercise price or tax liability by delivering securities. For RPAY, it reflects shares withheld from Thomas Eugene Sullivan to satisfy taxes due on vesting restricted stock awards.

Why were shares withheld from the RPAY Chief Accounting Officer in this filing?

The footnote explains that RPAY withheld 3,624 shares of Class A common stock to cover Thomas Eugene Sullivan’s tax liability arising from the vesting of previously reported time-based restricted stock grants.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Sullivan Thomas Eugene

(Last) (First) (Middle)

C/O REPAY HOLDINGS CORPORATION

3060 PEACHTREE ROAD NW, SUITE 1100

(Street)

ATLANTA GA 30305

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Repay Holdings Corp [ RPAY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	03/05/2026		F(1)		3,624	D	$3.03	161,682	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects shares of Class A common stock of the Issuer withheld to cover the Reporting Person's tax liability in connection with the vesting of shares of time-based restricted stock previously reported by the Reporting Person.

	/s/Thomas E. Sullivan	03/09/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.