Priority Technology Holdings (PRTH) director exercises 4,296 RSUs, disposes 1,168 shares for taxes
Rhea-AI Filing Summary
Priority Technology Holdings director Davis Marietta exercised 4,296 restricted stock units into 4,296 shares of common stock on July 1, 2026. In connection with this vesting, 1,168 shares were disposed of at $6.67 per share to satisfy tax obligations. After this conversion, 8,590 restricted stock units are reported as held directly. Footnotes state these RSUs come from a 17,182-unit grant awarded on February 5, 2026 that vests in four 25% tranches through January 1, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
Insider
Davis Marietta
Role
Director
Sold
1,168 shs ($8K)
Approx. gross sale proceeds
$8K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F2, F3 | 4,296 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,296 | $0.00 | $0.00 |
| Sale | Common Stock F1 | 1,168 | $6.67 | $8K |
Holdings After Transaction:
Restricted Stock Unit — 8,590 shares (Direct);
Common Stock — 86,676 shares (Direct)
Footnotes (3)
- F1. Shares withheld to satisfy tax obligations.
- F2. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- F3. On February 5, 2026, the Reporting Person was granted 17,182 restricted stock units which vest 25% on April 1, 2026, 25% on July 1, 2026, 25% on October 1, 2026, and 25% on January 1, 2027 subject to the Reporting Person's continued service as a director of the Issuer.
Key Figures
RSUs exercised: 4,296 units
Common shares acquired: 4,296 shares
Shares disposed for taxes: 1,168 shares
+3 more
6 metrics
RSUs exercised
4,296 units
Restricted stock units converted to common stock on July 1, 2026
Common shares acquired
4,296 shares
Shares of common stock received from RSU conversion on July 1, 2026
Shares disposed for taxes
1,168 shares
Shares disposed of at $6.67 per share to satisfy tax obligations
Sale price per share
$6.67
Per-share price for 1,168 shares disposed on July 1, 2026
RSUs reported after transaction
8,590 units
Restricted stock unit holdings reported following the July 1, 2026 conversion
RSUs granted
17,182 units
Grant to the reporting person on February 5, 2026, vesting in four 25% tranches
Key Terms
Restricted Stock Unit, contingent right, tax obligations, continued service as a director
4 terms
Restricted Stock Unit financial
"Security titled Restricted Stock Unit with 4,296 units exercised on July 1, 2026"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
tax obligations financial
"Footnote explains shares were withheld to satisfy tax obligations"
continued service as a director financial
"RSU vesting is subject to the Reporting Person's continued service as a director"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did PRTH director Davis Marietta report on July 1, 2026?
Davis Marietta reported exercising 4,296 restricted stock units into an equal number of Priority Technology common shares on July 1, 2026. In the same event, 1,168 shares were disposed of at $6.67 per share to satisfy related tax obligations.
How many Priority Technology (PRTH) RSUs did Davis Marietta exercise and what did they convert into?
Marietta exercised 4,296 restricted stock units, each representing a contingent right to one share. These RSUs converted into 4,296 shares of Priority Technology common stock as of July 1, 2026, reflecting equity compensation vesting for board service.
What ongoing RSU holdings does PRTH director Davis Marietta report after these transactions?
After the July 1, 2026 RSU conversion, Marietta reports holding 8,590 restricted stock units directly. These RSUs are linked by footnote to a 17,182-unit grant awarded on February 5, 2026, vesting in four equal 25% installments through January 1, 2027.
What is the size and vesting schedule of Davis Marietta’s RSU grant at Priority Technology (PRTH)?
Footnotes state Marietta received a grant of 17,182 restricted stock units on February 5, 2026. The grant vests in four equal 25% tranches on April 1, July 1, and October 1, 2026, and January 1, 2027, subject to continued service as a director.