Priority Technology awards 11,539 restricted stock units to its CAO
Rhea-AI Filing Summary
Priority Technology Holdings, Inc. (PRTH) reported a Form 4 filing showing an equity award to its Chief Accounting Officer, Rajiv Kumar. On November 21, 2025, he was granted 11,539 restricted stock units (RSUs), each representing the right to receive one share of the company’s common stock.
The RSUs vest in three installments, with 3,847 units vesting on February 18, 2026, 3,846 units vesting on February 18, 2027, and 3,846 units vesting on February 18, 2028, subject to his continued employment with the company. This filing reflects routine executive equity compensation rather than a company-level financing or business transaction.
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FAQ
What did Priority Technology Holdings (PRTH) disclose in this Form 4?
Priority Technology Holdings (PRTH) disclosed that its Chief Accounting Officer, Rajiv Kumar, received a grant of 11,539 restricted stock units on November 21, 2025.
How many restricted stock units were granted to Rajiv Kumar by PRTH?
Rajiv Kumar was granted 11,539 restricted stock units (RSUs), each representing a contingent right to receive one share of Priority Technology Holdings common stock.
What is the vesting schedule for Rajiv Kumar’s 11,539 PRTH RSUs?
The 11,539 RSUs vest in three tranches: 3,847 units on February 18, 2026, 3,846 units on February 18, 2027, and 3,846 units on February 18, 2028, subject to continued employment.
What does each PRTH restricted stock unit represent in this Form 4?
Each restricted stock unit disclosed in the Form 4 represents a contingent right to receive one share of Priority Technology Holdings common stock.
Who is the reporting person in the PRTH Form 4 filing?
The reporting person is Rajiv Kumar, who serves as the Chief Accounting Officer of Priority Technology Holdings, Inc.
Is the PRTH Form 4 transaction part of executive compensation?
Yes. The Form 4 reflects a restricted stock unit grant to an executive officer, which is a common form of equity-based compensation.