Repay Holdings (NASDAQ: RPAY) grants 176,056 restricted shares to General Counsel
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dempsey Tyler B reported acquisition or exercise transactions in this Form 4 filing.
Repay Holdings Corp reported that General Counsel Tyler B. Dempsey received a grant of 176,056 shares of Class A common stock as equity compensation. The restricted stock vests in four equal annual installments starting on March 11, 2027. After this award, Dempsey directly holds 496,974 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dempsey Tyler B
Role
General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 176,056 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 496,974 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did RPAY report for Tyler B. Dempsey?
Repay Holdings reported that General Counsel Tyler B. Dempsey received a grant of 176,056 shares of Class A common stock. The award is structured as restricted stock that vests over four years, reflecting equity-based compensation rather than an open-market share purchase.
Was the RPAY insider transaction a market purchase or a stock grant?
The RPAY insider transaction was a stock grant, not a market purchase. Tyler B. Dempsey received 176,056 restricted shares at a reported price of $0.00 per share, indicating a compensation-related award rather than buying shares on the open market at prevailing prices.
What is the vesting schedule of the RPAY restricted stock granted to Dempsey?
The restricted Class A common stock granted to Tyler B. Dempsey vests in four equal annual installments. Vesting begins on March 11, 2027, and continues annually, meaning the award fully vests over four years if service-based conditions are satisfied during that period.
What role does Tyler B. Dempsey hold at Repay Holdings (RPAY)?
Tyler B. Dempsey serves as General Counsel at Repay Holdings Corp. The reported Form 4 transaction reflects an equity compensation grant tied to this executive role, aligning part of his compensation with the long-term performance of the company’s Class A common stock.