Priority Technology (PRTH) CAO acquires 3,847 shares from RSU vesting
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Priority Technology Holdings, Inc. Chief Accounting Officer Rajiv Kumar reported the vesting and exercise of restricted stock units into common shares. On February 18, 2026, 3,847 restricted stock units were converted, resulting in the acquisition of 3,847 shares of common stock at a price of $0.00 per share.
These units are part of an 11,539 restricted stock unit grant awarded on November 21, 2025, which vests in three annual installments: 3,847 units on February 18, 2026, and 3,846 units on each of February 18, 2027 and February 18, 2028, subject to continued employment. After these transactions, Kumar directly holds 7,692 restricted stock units and 49,921 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,847 shares exercised/converted
Mixed
2 txns
Insider
Kumar Rajiv
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 3,847 | $0.00 | -- |
| Exercise | Common Stock | 3,847 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 7,692 shares (Direct);
Common Stock — 49,921 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. On November 21, 2025, the Reporting Person was granted 11,539 restricted stock units which vest as follows: [3,847 on February 18, 2026, 3,846 on February 18, 2027, and 3,846 on February 18, 2028] subject to the Reporting Person's continued employment with the Issuer.
FAQ
What insider transaction did PRTH Chief Accounting Officer Rajiv Kumar report?
Rajiv Kumar reported the vesting and exercise of 3,847 restricted stock units into 3,847 shares of Priority Technology common stock at $0.00 per share. This reflects conversion of previously granted equity, not an open-market purchase or sale of shares.
How many restricted stock units were originally granted to PRTH’s Rajiv Kumar?
Rajiv Kumar was granted 11,539 restricted stock units on November 21, 2025. The award vests in three annual tranches, contingent on his continued employment with Priority Technology Holdings, Inc., spreading equity compensation over several years.
What is the vesting schedule for Rajiv Kumar’s PRTH restricted stock units?
The 11,539 restricted stock units vest as 3,847 units on February 18, 2026, and 3,846 units on both February 18, 2027 and February 18, 2028. Vesting is conditioned on Kumar’s continued employment with Priority Technology.
How many PRTH restricted stock units does Rajiv Kumar hold after this Form 4/A?
Following the reported transaction, Rajiv Kumar directly holds 7,692 restricted stock units in Priority Technology Holdings, Inc. These remaining units are scheduled to vest in future years under the original award terms, assuming continued employment.