secwatch.observer — SEC 8-K summary
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Issuer:     Repay Holdings Corp (RPAY)
CIK:        0001720592
Form:       8-K
Filed at:   2024-02-23T23:59:59+00:00
Accession:  0000950170-24-019344
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Repay Holdings 2024 executive bonus: 75% financial, 25% individual, payout 50-200% of target
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- Executive target bonuses set at 50% to 100% of base salary for 2024.
- 75% of bonus tied to Adjusted EBITDA (or business unit Gross Profit for unit leaders).
- Remaining 25% of bonus based on individual performance goals.
- Payout: 0% below threshold; 50% at threshold; 100% at target; 200% at or above max.
- Straight-line interpolation used for results between performance levels.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1720592/000095017024019344/0000950170-24-019344-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1720592/000095017024019344/rpay-20240219.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-019344

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer