Priority Technology COO withholds 12,762 shares
Priority Technology’s COO had shares withheld to cover taxes, reducing his direct holdings modestly while keeping a substantial position.
Rhea-AI Filing Summary
Priority Technology Holdings, Inc. (PRTH) reported that Chief Operating Officer Ram Ranjana disposed of 12,762 shares of common stock to the issuer on February 18, 2026 at $5.50 per share. According to the filing, these shares were withheld to satisfy tax obligations, and Ranjana held 696,704 shares directly after the transaction. No Rule 10b5-1 trading plan is reported for this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Disposition: 12,762 shares
Disposition
1 txn
Insider
Ram Ranjana
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock F1 | 12,762 | $5.50 | $70K |
Holdings After Transaction:
Common Stock — 696,704 shares (Direct)
Footnotes (1)
- F1. Shares withheld to satisfy tax obligations.
Key Figures
Shares disposed to issuer: 12,762 shares
Transaction price per share: $5.50 per share
Shares held after transaction: 696,704 shares
3 metrics
Shares disposed to issuer
12,762 shares
Common stock withheld on February 18, 2026 to satisfy tax obligations
Transaction price per share
$5.50 per share
Price applied to the 12,762-share disposition on February 18, 2026
Shares held after transaction
696,704 shares
Direct PRTH common stock holdings of COO Ram Ranjana after the disposition
Key Terms
Disposition to issuer, withheld to satisfy tax obligations, Rule 10b5-1
3 terms
Disposition to issuer financial
"reported that Chief Operating Officer Ram Ranjana disposed of 12,762 shares of common stock to the issuer"
withheld to satisfy tax obligations financial
"According to the filing, these shares were withheld to satisfy tax obligations"
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is reported for this transaction"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PRTH report for Chief Operating Officer Ram Ranjana?
Ram Ranjana reported a disposition of 12,762 PRTH common shares to the issuer on February 18, 2026 at $5.50 per share, with the shares withheld to satisfy tax obligations and not sold in the open market.
Was the PRTH insider transaction by the COO part of a Rule 10b5-1 plan?
No. The Form 4/A shows the Rule 10b5-1 checkbox as not affirmed, and no footnote indicates a trading plan, so the transaction is not reported as being under a Rule 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.