Repay (NASDAQ: RPAY) EVP Naomi Barnett receives 128,961-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Barnett Naomi reported acquisition or exercise transactions in this Form 4 filing.
Repay Holdings Corp Executive Vice President Naomi Barnett received a grant of 128,961 shares of Class A common stock as restricted stock. The award was granted at no cash cost per share and increases her direct holdings to 297,222 shares. The restricted stock vests in four equal annual installments starting on March 11, 2027, tying the majority of this compensation to multi-year service and retention.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Barnett Naomi
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 128,961 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 297,222 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did RPAY executive Naomi Barnett report on this Form 4?
Naomi Barnett reported receiving a grant of 128,961 shares of Repay Holdings Corp Class A common stock as restricted stock. The award was recorded at $0.00 per share, reflecting equity compensation rather than an open-market purchase.
What are the vesting terms of Naomi Barnett’s new RPAY restricted stock award?
The 128,961 restricted shares granted to Naomi Barnett vest in four equal annual installments. Vesting begins on March 11, 2027, meaning 25% of the award vests each year on that date, subject to applicable service conditions.
Was Naomi Barnett’s RPAY stock grant an open-market purchase or compensation award?
The transaction is a compensation-related award, not an open-market purchase. It is coded as a grant or award acquisition (Code A) with a $0.00 price per share, reflecting restricted stock granted by the company as part of her compensation.