Priority Technology CFO settles 93K RSUs
PRTH’s CFO received common shares from vested RSUs, with a portion of the stock withheld to cover tax obligations.
Rhea-AI Filing Summary
Priority Technology Holdings, Inc. (PRTH) reported that Chief Financial Officer Tim O'Leary settled restricted stock units (RSUs) into common stock on September 19, 2026. RSUs covering 61,727 and 31,496 shares converted into an equal number of common shares, and 27,352 common shares were returned to the issuer at $5.83 per share to satisfy tax obligations. Each RSU represents a contingent right to receive one share of common stock, with these units vesting based on prior grants made in September 2023 and September 2024. No Rule 10b5-1 trading plan is reported for these transactions.
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Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F1, F3 | 61,727 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit F1, F4 | 31,496 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 61,727 | -- | -- |
| Exercise | Common Stock F1 | 31,496 | -- | -- |
| Disposition | Common Stock F2 | 27,352 | $5.83 | $159K |
Footnotes (4)
- F1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- F2. Shares withheld to satisfy tax obligations.
- F3. On September 19, 2023, the Reporting Person was granted 185,185 restricted stock units. 185,185 vest subject to the Reporting Person's continued service as an employee of the Issuer as follows: 61,729 on September 19, 2024; 61,729 on September 19, 2025; and 61,727 on September 19, 2026.
- F4. On September 19, 2024, the Reporting Person was granted 94,488 restricted stock units. 94,488 vest subject to the Reporting Person's continued service as an employee of the Issuer as follows: 31,496 on September 19, 2025; 31,496 on September 19, 2026; and 31,496 on September 19, 2027.
Key Figures
Key Terms
Restricted Stock Unit financial
Disposition to issuer financial
contingent right financial
tax obligations financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did PRTH’s CFO report on September 19, 2026?
How many PRTH restricted stock units did the CFO convert into common stock?
What are the vesting terms of the CFO’s 2023 PRTH RSU grant?
What are the vesting terms of the CFO’s 2024 PRTH RSU grant?
Was a Rule 10b5-1 trading plan used for these PRTH insider transactions?
AI-generated analysis. How Rhea-AI works. Not financial advice.