secwatch.observer — SEC 8-K summary
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Issuer:     Repay Holdings Corp (RPAY)
CIK:        0001720592
Form:       8-K
Filed at:   2022-03-01T23:59:59+00:00
Accession:  0001564590-22-008051
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1720592/000156459022008051/0001564590-22-008051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1720592/000156459022008051/rpay-8k_20220223.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-008051

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