Repay Holdings Corporation shares rise 3.70% premarket after management members sold shares to repay loans and reinvest in new incentive programs.

Repay Holdings Corporation rose 3.70% in premarket trading. The company's incoming CEO and CFO sold a total of 45,000 B shares, with the proceeds to be used to repay loans for previous incentive programs and reinvest in new incentive programs. The duo intends to subscribe for 170,000 options in the TO2028 and TO2029 incentive programs, increasing their exposure to Sdiptech shares.