Priority Technology (PRTH) grants COO Ram Ranjana 77,320 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Priority Technology Holdings Chief Operating Officer Ram Ranjana received a grant of 77,320 restricted stock units on February 5, 2026. Each unit represents the right to receive one share of common stock. The award vests in three annual installments through February 2029, conditioned on continued employment.
Following this grant, Ranjana directly holds 77,320 restricted stock units and 686,389 shares of Priority Technology common stock. The award has no purchase price and is structured as stock-based compensation tied to long-term service with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ram Ranjana
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 77,320 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 77,320 shares (Direct);
Common Stock — 686,389 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. On February 5, 2026, the Reporting Person was granted 77,320 restricted stock units which vest as follows: [25,774 on February 5, 2027, 25,773 on February 5, 2028, and 25,773 on February 5, 2029] subject to the Reporting Person's continued employment with the Issuer.
FAQ
What equity award did Priority Technology (PRTH) grant to its COO Ram Ranjana?
Priority Technology granted Chief Operating Officer Ram Ranjana 77,320 restricted stock units on February 5, 2026. Each unit converts into one share of common stock, functioning as stock-based compensation that aligns his interests with long-term company performance and continued service.
How do Ram Ranjana’s 77,320 restricted stock units at PRTH vest over time?
The 77,320 restricted stock units vest in three annual tranches starting in 2027. 25,774 units vest on February 5, 2027, and 25,773 units vest on each of February 5, 2028 and February 5, 2029, subject to his continued employment with Priority Technology.
What was the price and transaction code for Ram Ranjana’s PRTH restricted stock unit grant?
The restricted stock unit grant to Ram Ranjana was reported with transaction code “A”, indicating an award. The grant price per unit was $0.00, reflecting that it was issued as compensation rather than purchased on the open market or via an exercise transaction.
Is Ram Ranjana’s ownership in PRTH reported as direct or indirect on this Form 4?
Ram Ranjana’s holdings are reported as directly owned. Both the 686,389 shares of Priority Technology common stock and the 77,320 restricted stock units are listed with ownership form “D” for direct, with no noted indirect entities or special beneficial ownership footnote disclosures.