Dempsey Tyler B has filed a Form 144 to sell 25,000 shares of Repay Holdings Corp, valued at approximately $118,768. This transaction is significant as it highlights ongoing activity and liquidity in the business services sector.
Repay Holdings Corp, which operates in the services-business services industry, is based in Atlanta, Georgia. The company has undergone a name change from Thunder Bridge Acquisition Ltd on October 24, 2017. Its recent filings indicate continued engagement with the market, with Dempsey being an officer of the company.
The SEC filing reveals that Dempsey acquired the shares through a Restricted Stock Award, with the most recent acquisition occurring on November 3, 2022. The filing states, "Dempsey Tyler B intends to sell 25,000 shares of common stock. This sale is part of a broader strategy to manage personal investment liquidity."
This sale may affect various stakeholders, including investors and market analysts, as it reflects the company's ongoing performance and investor confidence. The filing also indicates that the shares will be sold through Rockefeller Capital Management, a broker located in Atlanta.
Looking ahead, the filing does not specify any further actions or upcoming filings related to this transaction. However, it does indicate that Dempsey has been actively managing his shareholdings in Repay Holdings Corp, which could suggest a strategic approach to his investments.
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