Repay CAO awarded 91,549 restricted shares
Sullivan Thomas Eugene reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Sullivan Thomas Eugene reported acquisition or exercise transactions in this Form 4 filing.
Repay Holdings Corp Chief Accounting Officer Thomas Eugene Sullivan received a grant of 91,549 shares of Class A common stock as equity compensation. These restricted shares vest in four equal annual installments beginning on March 11, 2027. Following this award, he directly holds 253,231 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 91,549 shares
Grant/Award
1 txn
Insider
Sullivan Thomas Eugene
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 91,549 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 253,231 shares (Direct)
Footnotes (1)
- F1. Represents a grant of restricted Class A common stock of the Issuer that vests in four equal annual installments commencing March 11, 2027.
FAQ
What insider transaction did RPAY report for its Chief Accounting Officer?
Repay Holdings Corp reported that Chief Accounting Officer Thomas Eugene Sullivan received a grant of 91,549 shares of Class A common stock. The award was recorded at no cash cost per share, reflecting equity-based compensation rather than an open-market purchase or sale.
What does the Form 4 transaction code mean for RPAY’s CAO award?
The transaction uses code "A," which indicates a grant, award, or other acquisition of securities. For Repay Holdings Corp’s Chief Accounting Officer, this reflects new restricted Class A common shares granted as part of compensation, rather than regular trading in the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.