---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-058708"
form_type: "8-K"
ticker: "RPAY"
cik: "0001720592"
company_name: "Repay Holdings Corp"
filed_at: "2025-04-25T23:59:59+00:00"
generated_at: "2026-05-23T05:54:40.607044+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Repay CFO Tim Murphy resigns; CAO Thomas Sullivan named interim CFO

## Summary
- Tim Murphy resigns as CFO effective May 15, 2025, to join a private equity-backed company outside payments.
- Murphy served as CFO since 2014, helped lead REPAY's 2019 IPO and 11 acquisitions during his tenure.
- Thomas Sullivan, current Chief Accounting Officer, appointed Interim CFO effective upon Murphy's departure.
- Company will conduct an executive search for a permanent CFO; transition is not due to any disagreement.

## SEC filing metadata
- accession: 0000950170-25-058708
- form_type: 8-K
- ticker: RPAY
- cik: 0001720592
- company_name: Repay Holdings Corp
- filed_at: 2025-04-25T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1720592/000095017025058708/0000950170-25-058708-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1720592/000095017025058708/rpay-20250421.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-058708
- JSON: https://secwatch.observer/filing/0000950170-25-058708.json
- Plain text: https://secwatch.observer/filing/0000950170-25-058708.txt

## Source-grounded claims
- claim_id: 623d0c77ff
  claim: Thomas E. Sullivan was appointed as Interim Chief Financial Officer at Repay Holdings Corp.
  evidence_excerpt: In the interim, Thomas E. Sullivan has been appointed to serve as the Company’s Interim Chief Financial Officer, effective upon Mr. Murphy’s departure.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1720592/000095017025058708/0000950170-25-058708-index.htm
- claim_id: a855001c9a
  claim: Timothy J. Murphy resigned as Chief Financial Officer at Repay Holdings Corp.
  evidence_excerpt: On April 21, 2025, Timothy J. Murphy notified Repay Holdings Corporation (the “Company”) of his decision to resign as Chief Financial Officer of the Company, effective May 15, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1720592/000095017025058708/0000950170-25-058708-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.