Repay appoints Parthenon Capital partner to board under cooperation agreement

Filed July 14, 2026 · Period ending July 13, 2026 · ~1 min read

Key Changes

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  Zachary F. Sadek, Senior Partner at Parthenon Capital Partners (affiliate of major stockholder PCP Managers II), appointed to board effective July 13, 2026, with initial term through 2027 annual meeting.

  Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
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  Appointment made pursuant to cooperation agreement with Parthenon Capital following constructive engagement, including standstill and confidentiality provisions through 30 days after Sadek's departure or day after 2027 meeting.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
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  Board expanded from six to seven directors; six of seven qualify as independent under NASDAQ guidelines, maintaining strong independent majority.

  Exhibit 99.1 view on EDGAR →