PRTH (PRTH) strategy chief converts 20,513 RSUs into common stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Priority Technology Holdings Chief Strategy Officer Sean Kiewiet reported an equity award vesting and conversion. On February 18, 2026, 20,513 restricted stock units vested and were exercised into 20,513 shares of common stock at a price of $0.00 per share.
Each restricted stock unit represents the right to receive one share of common stock. These units are part of a 61,539-unit grant awarded on November 21, 2025, scheduled to vest in three equal installments in 2026, 2027, and 2028, contingent on continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
20,513 shares exercised/converted
Mixed
2 txns
Insider
Kiewiet Sean
Role
Chief Strategy Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 20,513 | $0.00 | -- |
| Exercise | Common Stock | 20,513 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 41,026 shares (Direct);
Common Stock — 732,366 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 61,539 restricted stock units which vest as follows: [20,513 on February 18, 2026, 20,513 on February 18, 2027, and 20,513 on February 18, 2028] subject to the Reporting Person's continued employment with the Issuer.
FAQ
What insider transaction did PRTH executive Sean Kiewiet report on this Form 4?
Sean Kiewiet reported the vesting and exercise of 20,513 restricted stock units into 20,513 shares of Priority Technology Holdings common stock at $0.00 per share on February 18, 2026, reflecting a scheduled equity award conversion rather than an open-market stock purchase.
How many restricted stock units did PRTH grant to Sean Kiewiet and how do they vest?
Priority Technology Holdings granted Sean Kiewiet 61,539 restricted stock units on November 21, 2025. They are scheduled to vest in three equal tranches of 20,513 units each on February 18, 2026, 2027, and 2028, conditioned on his continued employment with the company.
What does each PRTH restricted stock unit held by Sean Kiewiet represent?
Each restricted stock unit reported by Sean Kiewiet represents a contingent right to receive one share of Priority Technology Holdings common stock. As units vest, they convert into common shares, as shown by the 20,513 units exercised into 20,513 shares on February 18, 2026.