---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-008051"
form_type: "8-K"
ticker: "RPAY"
cik: "0001720592"
company_name: "Repay Holdings Corp"
filed_at: "2022-03-01T23:59:59+00:00"
generated_at: "2026-06-27T03:06:28.416191+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Repay Holdings boosts CEO target bonus to 100% of base salary

## Summary
- CEO John Morris target annual bonus increased from 50% to 100% of base salary, effective March 1, 2022.
- 2022 annual cash bonus plan: 75% tied to Adjusted EBITDA, 25% to individual goals; max payout 200% of target.
- Equity awards granted: 50% time-based RSAs with 4-year vest, 50% performance-based PSUs based on 3-year TSR vs Russell 2000.

## SEC filing metadata
- accession: 0001564590-22-008051
- form_type: 8-K
- ticker: RPAY
- cik: 0001720592
- company_name: Repay Holdings Corp
- filed_at: 2022-03-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1720592/000156459022008051/0001564590-22-008051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1720592/000156459022008051/rpay-8k_20220223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-008051
- JSON: https://secwatch.observer/filing/0001564590-22-008051.json
- Plain text: https://secwatch.observer/filing/0001564590-22-008051.txt

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