other material
confidence high
sentiment neutral
materiality 0.55
Repay shareholders approve declassified board, 6.5M new shares for incentive plan
Repay Holdings Corp
- Stockholders approved amendment to declassify Board of Directors, effective immediately.
- Amendment removes supermajority voting requirements for charter/bylaw changes.
- Omnibus Incentive Plan amended: adds 6.5M shares, extends term to April 2032, vests min 1 year.
- Non-employee director annual award cap set at $650K per calendar year.
- Three Class III directors elected: William Jacobs, Peter J. Kight, John Morris.