Forager Fund boosts Repay Holdings Corp (RPAY) stake with open‑market buys
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Forager Fund, L.P., a ten percent owner of Repay Holdings Corp, reported open‑market purchases of a total of 913,711 shares of Class A common stock over three trading days at weighted average prices between $2.315 and $2.76 per share.
After these trades, entities associated with Forager report holding 11,106,648 shares in total, including 100 shares held directly by Forager Capital Management, LLC, the fund’s general partner, with Messrs. Kissel and MacArthur sharing voting and disposition authority and disclaiming beneficial ownership beyond their pecuniary interests.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 913,711 shares ($2,304,426)
Net Buy
3 txns
Insider
Forager Fund, L.P., Forager Capital Management, LLC, Kissel Edward Urban, MacArthur Robert Symmes
Role
10% Owner | 10% Owner | 10% Owner | 10% Owner
Bought
913,711 shs ($2.30M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock, $0.0001 par value per share | 78,991 | $2.68 | $212K |
| Purchase | Class A Common Stock, $0.0001 par value per share | 484,720 | $2.57 | $1.25M |
| Purchase | Class A Common Stock, $0.0001 par value per share | 350,000 | $2.42 | $847K |
Holdings After Transaction:
Class A Common Stock, $0.0001 par value per share — 11,106,648 shares (Direct)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.315 to $2.45, inclusive. The reporting persons undertake to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within this range. Forager Capital Management, LLC (the "General Partner") is the general partner of Forager Fund, L.P., a Delaware limited partnership (the "Fund") and directly holds 100 shares of Class A common stock. All other shares of the issuer's Class A common stock reported herein are directly held by the Fund. Each of Messrs. Kissel and MacArthur is a principal of the General Partner and has shared authority to vote (or direct the vote of), and to dispose (or direct the disposal) of, the shares on behalf of the General Partner. Each of the reporting persons disclaims beneficial ownership of such shares except to the extent of his or its pecuniary interest therein, if any. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.505 to $2.60, inclusive. The reporting persons undertake to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within this range. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.645 to $2.76, inclusive. The reporting persons undertake to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within this range.
Key Figures
Total shares purchased: 913,711 shares
Purchase price (April 7 block): $2.42 per share
Purchase price (April 8 block): $2.57 per share
+3 more
6 metrics
Total shares purchased
913,711 shares
Open‑market buys reported across April 7–9, 2026
Purchase price (April 7 block)
$2.42 per share
Weighted average price for 350,000 shares on April 7, 2026
Purchase price (April 8 block)
$2.57 per share
Weighted average price for 484,720 shares on April 8, 2026
Purchase price (April 9 block)
$2.68 per share
Weighted average price for 78,991 shares on April 9, 2026
Post‑transaction holdings
11,106,648 shares
Class A common stock held after April 9, 2026 transaction
Price range (first block)
$2.315–$2.45
Range of individual trade prices for one weighted block
Key Terms
weighted average price, ten percent owner, pecuniary interest, Class A Common Stock, $0.0001 par value per share, +1 more
5 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
ten percent owner financial
"is_ten_percent_owner": 1"
pecuniary interest financial
"disclaims beneficial ownership of such shares except to the extent of his or its pecuniary interest therein"
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
FAQ
What insider transactions did Forager Fund report in RPAY stock?
Forager Fund, L.P. reported buying 913,711 RPAY shares in the open market. The purchases occurred across three trading days at weighted average prices between $2.315 and $2.76 per share, increasing the fund’s reported Class A common stock position.