Repay CEO reports tax share withholding on vesting
Repay Holdings Corp Chief Executive Officer John Andrew Morris Sr. reported a tax-related share disposition.
Rhea-AI Filing Summary
Repay Holdings Corp Chief Executive Officer John Andrew Morris Sr. reported a tax-related share disposition. On March 5, 2026, 38,402 shares of Class A common stock were withheld at $3.03 per share to cover his tax liability upon vesting of previously granted restricted stock, rather than through an open-market sale.
After this withholding, he directly held 1,287,966 shares of Class A common stock. He also reported indirect holdings through related entities, including trusts and entities associated with his family, with reported indirect positions of 1,028,385, 86,761, 253,041, and 15,000 shares held by those entities.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 38,402 | $3.03 | $116K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (5)
- F1. Reflects shares of Class A common stock of the Issuer withheld to cover the Reporting Person's tax liability in connection with the vesting of shares of time-based restricted stock previously reported by the Reporting Person.
- F2. 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.
- F3. 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.
- F4. 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.
- F5. 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Repay (RPAY) CEO John Andrew Morris Sr. report on this Form 4?
Was the Repay (RPAY) CEO’s Form 4 transaction an open-market stock sale?
How do the family trusts and entities relate to Repay (RPAY) CEO’s holdings?
AI-generated analysis. How Rhea-AI works. Not financial advice.