Timothy J. Murphy - Mar 13, 2024 Form 4 Insider Report for Repay Holdings Corp (RPAY)

Signature
/s/Timothy J. Murphy
Stock symbol
RPAY
Transactions as of
Mar 13, 2024
Transactions value $
-$116,039
Form type
4
Date filed
3/15/2024, 05:00 PM
Previous filing
Mar 12, 2024
Next filing
Mar 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RPAY Class A Common Stock Sale -$116K -10.5K -1.8% $11.00 575K Mar 13, 2024 Direct F1
holding RPAY Class A Common Stock 52K Mar 13, 2024 See footnote F2
* 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 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.