Repay Holdings Corporation, a leading provider of integrated payment solutions, announced on September 10, 2025, an inducement award grant of $700,000 in restricted stock to Robert S. Houser, its newly appointed Chief Financial Officer, effective September 8, 2025. The award aims to incentivize Houser’s leadership in driving the company’s financial strategy.
Inducement Award: $700,000 in restricted stock (118,243 shares) granted to Robert S. Houser.
Vesting Schedule: Shares vest equally over four years, starting September 8, 2025.
Stock Performance: RPAY at $5.586 on September 11, 2025, down from $5.66 (finance card above).
Purpose: Material inducement for Houser’s role as CFO, approved under Nasdaq Rule 5635(c)(4).
Houser’s Background: Former Group CFO at Conduent, with experience at Fiserv and KPMG.
Market Context: RPAY’s market cap is $487M, with stock down 31.5% year-to-date.
The inducement award, approved by REPAY’s Compensation Committee, grants Houser 118,243 shares of restricted stock, valued at $700,000, vesting in equal annual installments over four years, contingent on his continued service. The grant, made outside REPAY’s equity incentive plans, complies with Nasdaq Listing Rule 5635(c)(4). Houser’s appointment follows his role as Group CFO at Conduent and seven years at Fiserv, bringing extensive payment industry expertise. “We are extremely excited to welcome Rob to REPAY,” said John Morris, CEO, highlighting Houser’s strategic value.
As per the finance card above, REPAY’s stock (RPAY) closed at $5.586 on September 11, 2025, a slight decline from $5.66 the previous day, with a market cap of $487 million. The stock has faced challenges, dropping 31.5% year-to-date from $8.16 in September 2024. The award’s share value implies a grant price of approximately $5.92, aligning with recent trading levels (e.g., $5.96 on September 9). REPAY’s Q2 2025 results, announced August 11, 2025, showed sequential growth and strong free cash flow, with $22.6 million in share repurchasing, signaling confidence despite stock volatility.
Houser’s inducement award reflects REPAY’s commitment to attracting top talent to navigate the competitive payment processing market. His experience in fintech and strategic roles at Conduent and Fiserv positions him to enhance REPAY’s operational efficiency and market penetration. The vesting structure aligns Houser’s incentives with long-term shareholder value, though the stock’s recent performance suggests challenges in sustaining investor confidence amidst broader market pressures.
The $700,000 award, while substantial, is modest compared to industry standards for CFOs at similar-sized firms, reflecting REPAY’s cost-conscious approach. However, the stock’s 31.5% year-to-date decline raises concerns about dilution from equity grants and market perception of REPAY’s growth prospects. Houser’s ability to leverage his expertise to drive profitability and stabilize stock performance will be critical, especially as REPAY competes in a crowded fintech space.
Repay Holdings Corporation (NASDAQ: RPAY) provides integrated payment processing solutions tailored to verticals with specific transaction needs. Its proprietary platform reduces electronic payment complexity, enhancing experiences for consumers and businesses.
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