Priority Technology director gets 17,182 RSUs
Priority Technology Holdings, Inc. director Michael Passilla received an equity award of 17,182 restricted stock units on February 5, 2026.
Rhea-AI Filing Summary
Priority Technology Holdings, Inc. director Michael Passilla received an equity award of 17,182 restricted stock units on February 5, 2026. Each unit represents a right to receive one share of common stock.
The award vests in four equal 25% installments on April 1, 2026, July 1, 2026, October 1, 2026, and January 1, 2027, contingent on his continued service as a director. Following this grant, he holds 17,182 restricted stock units directly, 131,200 common shares directly, and 76,052 common shares indirectly through Posillipo Ventures, Inc., a limited liability company of which he is a managing member.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 17,182 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Shares acquired by Posillipo Ventures, Inc., a limited liability company of which the reporting person is a managing member.
- 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.
FAQ
What insider transaction did PRTH director Michael Passilla report?
How do the new restricted stock units for PRTH vest?
What does each PRTH restricted stock unit represent in this grant?
What role does Michael Passilla hold at Priority Technology Holdings (PRTH)?
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