Timothy J. Murphy - 01 Mar 2024 Form 4 Insider Report for Repay Holdings Corp (RPAY)

Signature
/s/Timothy J. Murphy
Issuer symbol
RPAY
Transactions as of
01 Mar 2024
Net transactions value
-$647,822
Form type
4
Filing time
05 Mar 2024, 18:51:15 UTC
Previous filing
27 Feb 2024
Next filing
12 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RPAY Class A Common Stock Sale $49,250 -4,925 -0.75% $10.00 652,011 01 Mar 2024 Direct F1
transaction RPAY Class A Common Stock Sale $431,283 -43,520 -100% $9.91 8 01 Mar 2024 See footnote F1, F2, F3
transaction RPAY Class A Common Stock Sale $56,409 -5,624 -0.86% $10.03 646,387 04 Mar 2024 Direct F1, F4
transaction RPAY Class A Common Stock Sale $80.48 -8 -100% $10.06 0 04 Mar 2024 See footnote F1, F3
transaction RPAY Class A Common Stock Sale $110,800 -11,080 -1.7% $10.00 635,307 05 Mar 2024 Direct F1, F5
holding RPAY Class A Common Stock 52,000 01 Mar 2024 See footnote F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transaction was pursuant to a Rule 10b5-1 plan adopted on August 28, 2023.
F2 The sales price indicated is a weighted average sales price. The corresponding shares were sold in multiple transactions at prices ranging from $9.49 to $10.29 inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth.
F3 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 manager.
F4 The sales price indicated is a weighted average sales price. The corresponding shares were sold in multiple transactions at prices ranging from $10.00 to $10.09 inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth.
F5 The sales price indicated is a weighted average sales price. The corresponding shares were sold in multiple transactions at prices ranging from $10.00 to $10.05 inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth.
F6 These securities are held directly by a charitable remainder trust, of which Reporting Person is the trustee and Reporting Person's spouse is an indirect beneficiary.

Remarks:

The Reporting Person disclaims beneficial ownership of any securities reported herein as indirectly beneficially owned, except to the extent of his pecuniary interest therein.