<2> Form 4 Repay Holdings Corp: A Comprehensive Analysis
<3> Background
Repay Holdings Corp, a leading provider of SaaS solutions for the nonACB financial services industry, has filed a Form 4 with the SEC. This document provides valuable insights into the company’s insider trading activities, executive compensation, and other relevant information.
<3> Insider Trading Activities
The Form 4 report reveals that the President and CEO of Repay Holdings Corp, Michael D. Pratt, has exercised 50,000 stock options at an exercise price of $0.00 per share. This transaction occurred on February 28, 2024, and resulted in the acquisition of 50,000 shares of common stock.
<3> Executive Compensation
The report also discloses that Michael D. Pratt has received 20,000 restricted stock units (RSUs) as part of his compensation package. These RSUs vest over a period of three years and have a grant date fair value of $10.00 per unit.
<3> Other Transactions
The Form 4 report also includes information on other transactions involving Repay Holdings Corp’s executives and directors. These transactions include the purchase and sale of company stock, as well as the exercise of stock options.