Priority Technology CTO vests 25,000 shares
PRTH’s Chief Technology Officer had 25,000 restricted stock units vest and 7,338 shares withheld for taxes in a routine equity compensation event.
Rhea-AI Filing Summary
Priority Technology Holdings, Inc. (PRTH) reported that Chief Technology Officer Sun Yi had equity compensation activity on August 1, 2026. Sun Yi acquired 25,000 shares of common stock upon the vesting of previously granted restricted stock units from an August 1, 2023 grant that totals 100,000 units vesting in four equal annual installments through August 1, 2027. On the same date, 7,338 shares of common stock were returned to the issuer at $6.50 per share to cover tax obligations associated with this vesting. No Rule 10b5-1 trading plan is reported for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 25,000 | -- | -- |
| Disposition | Common Stock F3 | 7,338 | $6.50 | $48K |
Footnotes (3)
- F1. On August 1, 2023, the Reporting Person was granted 100,000 restricted stock units. 100,000 vest subject to the Reporting Person's continued service as an employee of the Issuer as follows: 25,000 on August 1, 2024; 25,000 on August 1, 2025; 25,000 on August 1, 2026; and 25,000 on August 1, 2027.
- F2. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- F3. Shares withheld to satisfy tax obligations.
Key Figures
Key Terms
restricted stock units 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 Chief Technology Officer report on August 1, 2026?
How many PRTH restricted stock units were originally granted to Sun Yi?
What portion of PRTH restricted stock units vested for Sun Yi on August 1, 2026?
Were Sun Yi’s PRTH transactions made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.