Repay Holdings (NASDAQ: RPAY) CEO granted 968K restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Morris John Andrew Sr. reported acquisition or exercise transactions in this Form 4 filing.
Repay Holdings Corp Chief Executive Officer John Andrew Morris Sr. received a grant of 968,309 shares of restricted Class A common stock on March 11, 2026 at no purchase price. These shares vest in four equal annual installments beginning on March 11, 2027.
Following the grant, he directly holds 2,256,275 Class A shares. He also has several indirect holdings through family trusts, a limited liability company, and a corporation, each of which holds additional Class A common stock for the benefit of him or his family.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Morris John Andrew Sr.
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 968,309 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 2,256,275 shares (Direct);
Class A Common Stock — 1,028,385 shares (Indirect, See footnote)
Footnotes (1)
- Represents a grant of restricted Class A common stock of the Issuer that vests in four equal annual installments commencing March 11, 2027. These securities are held directly by a trust (the "Family Trust"), of which the Reporting Person's spouse is the trustee and the Reporting Person's spouse and descendants are the beneficiaries. These securities are held directly by a trust, of which the Reporting Person's spouse is the trustee and the Reporting Person and the Reporting Person's spouse and descendants are the beneficiaries. These securities are held directly by a limited liability company, of which Reporting Person owns all of the voting ownership interests and serves as the sole member of its board of managers. These securities are held directly by a corporation, of which the Family Trust owns all of the voting shares and Reporting Person serves as the sole member of its board of directors.
FAQ
What did RPAY CEO John Andrew Morris Sr. report on this Form 4?
He reported receiving a grant of 968,309 shares of restricted Class A common stock at no purchase price. The award is compensation-related stock, not an open-market purchase, and increases his direct equity stake in Repay Holdings Corp.
Was the RPAY CEO’s Form 4 transaction a market buy or sell?
No, it was not a market buy or sell. The Form 4 shows a compensation-related grant coded as an acquisition, with a price per share of $0.00, rather than an open-market transaction based on prevailing trading prices.