Priority Technology Holdings (PRTH) director exercises RSUs, withholds shares
Rhea-AI Filing Summary
Priority Technology Holdings director Christina M. Favilla converted 4,296 restricted stock units into 4,296 shares of common stock on July 1, 2026. In connection with this vesting, 1,229 shares were withheld at $6.67 per share to satisfy tax obligations. After the transaction, 8,590 restricted stock units from a 17,182-unit February 5, 2026 grant remained outstanding. These transactions were not reported as made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
Insider
Favilla Christina M
Role
Director
Sold
1,229 shs ($8K)
Approx. gross sale proceeds
$8K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F1, F3 | 4,296 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 4,296 | -- | -- |
| Sale | Common Stock F2 | 1,229 | $6.67 | $8K |
Holdings After Transaction:
Restricted Stock Unit — 8,590 shares (Direct);
Common Stock — 136,593 shares (Direct)
Footnotes (3)
- 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 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 converted: 4296.0000 shares
Shares withheld for taxes: 1229.0000 shares
Per-share price on tax withholding: $6.6700 per share
+2 more
5 metrics
RSUs converted
4296.0000 shares
Restricted stock units converted into common stock on July 1, 2026
Shares withheld for taxes
1229.0000 shares
Common shares withheld to satisfy tax obligations at $6.6700 per share
Per-share price on tax withholding
$6.6700 per share
Price for 1229.0000 common shares disposed on July 1, 2026
RSUs remaining after conversion
8590.0000 units
Restricted stock units remaining following the July 1, 2026 conversion
RSUs granted
17,182 units
Restricted stock units granted on February 5, 2026 to the director
Key Terms
Restricted stock unit, contingent right, vest, tax obligations
4 terms
Restricted stock unit financial
"Each restricted stock unit represents a contingent right to receive one share"
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
"represents a contingent right to receive one share of the Issuer's common stock"
vest financial
"which vest 25% on April 1, 2026, 25% on July 1, 2026"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
tax obligations financial
"Shares withheld to satisfy tax obligations"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Christina M. Favilla report at Priority Technology Holdings (PRTH) on July 1, 2026?
Christina M. Favilla converted 4,296 restricted stock units into 4,296 shares of common stock on July 1, 2026. In the same event, 1,229 shares were withheld to cover tax obligations, reflecting routine equity-compensation activity rather than a discretionary open-market purchase.
What is the vesting schedule of Christina Favilla's 17,182 restricted stock units at PRTH?
Favilla was granted 17,182 restricted stock units on February 5, 2026. These RSUs vest 25% on April 1, 2026, 25% on July 1, 2026, 25% on October 1, 2026, and 25% on January 1, 2027, subject to her continued service as a director.
How many restricted stock units remain for Christina Favilla at Priority Technology (PRTH) after the July 1, 2026 transaction?
After the July 1, 2026 vesting and conversion, Favilla held 8,590 restricted stock units. These RSUs relate to the February 5, 2026 grant of 17,182 units and continue to vest in scheduled 25% installments through January 1, 2027.
Were Christina Favilla's PRTH insider transactions reported under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not marked, indicating these transactions were not reported as executed under a Rule 10b5-1 trading plan. They arise from scheduled vesting and associated tax withholding on previously granted restricted stock units.