CEO John A. Morris, Sr. Increases Stake with Significant Restricted Stock Grant Amidst Lows
RPAY is trading near its 52-week low of $2.655 (0.6% above the low).
Summary
CEO John A. Morris, Sr. and related entities filed an amended Schedule 13D, disclosing a substantial grant of 968,309 restricted shares to Mr. Morris on March 11, 2026, alongside routine tax-related share surrenders, increasing his overall stake.
Key Events · Ownership and Investor Activity · RPAY
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CEO Receives Significant Restricted Stock Grant
John A. Morris, Sr., CEO and Director, was granted 968,309 restricted shares of Class A Common Stock on March 11, 2026. These shares, valued at approximately $2.58 million, will vest in four equal annual installments commencing March 11, 2027, significantly increasing his potential ownership.
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Updated Beneficial Ownership Disclosed
The reporting group, led by CEO John A. Morris, Sr., now beneficially owns an aggregate of 12.02% of Repay Holdings Corp's Class A Common Stock, reflecting a substantial insider stake.
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Routine Tax-Related Share Surrenders
Mr. Morris surrendered a total of 82,733 shares in February and March 2026, valued at approximately $254,456, to cover tax obligations associated with the vesting of previously granted restricted stock.
Analysis · RPAY · Trade & Services
This Schedule 13D/A filing updates the beneficial ownership of CEO John A. Morris, Sr. and his affiliated entities, now totaling 12.02% of Repay Holdings Corp. The most significant disclosure is the grant of 968,309 restricted Class A Common Stock shares to Mr. Morris on March 11, 2026. This substantial grant, valued at approximately $2.58 million based on the current stock price, significantly increases the CEO's potential ownership and aligns his interests with long-term shareholder value. This event occurs as the company's stock trades near 52-week lows, following recent disclosures of a large net loss and goodwill impairment, suggesting a strong incentive for a turnaround. The filing also details routine share surrenders by Mr. Morris to cover tax liabilities related to previously vested restricted stock.
How filings like this one have moved
In the 30 days to Oct 1, 2026, 36.1% of the 1051 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.56%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, RPAY was trading at $2.67 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $231.9M. The 52-week trading range was $2.66 to $6.06. This filing was assessed with neutral market sentiment and an importance score of 8 out of 10.