secwatch.observer — SEC 8-K summary
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Issuer:     Repay Holdings Corp (RPAY)
CIK:        0001720592
Form:       8-K
Filed at:   2026-07-14T20:05:30+00:00
Accession:  0001193125-26-303158
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

REPAY appoints Zach Sadek to board, enters cooperation agreement with Parthenon Capital
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- Board expanded from 6 to 7; Zachary F. Sadek appointed effective July 13, 2026, term through 2027 annual meeting.
- Sadek is a Senior Partner at Parthenon Capital, an affiliate of one of REPAY's largest stockholders.
- Cooperation agreement includes customary standstill and confidentiality obligations until 30 days after Sadek's departure or after 2027 annual meeting.
- Sadek qualifies as independent under NASDAQ listing standards; will participate in non-employee director compensation.
- Agreement reflects shared commitment to driving improved performance and creating long-term stockholder value.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1720592/000119312526303158/0001193125-26-303158-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1720592/000119312526303158/rpay-20260713.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-303158

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