Priority Technology COO receives 69,231 RSUs with 3-year vesting
Rhea-AI Filing Summary
Priority Technology Holdings, Inc. (PRTH) reported an equity award to its Chief Operating Officer on a Form 4. On November 21, 2025, the executive received 69,231 restricted stock units (RSUs), each representing the right to receive one share of common stock. These RSUs vest in three equal installments of 23,077 shares on February 18, 2026, February 18, 2027, and February 18, 2028, contingent on continued employment. Following this grant, the reporting person beneficially owns 686,389 shares of PRTH common stock directly, aligning their compensation more closely with the company’s long-term share performance.
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FAQ
What did PRTH disclose on this Form 4 filing?
The filing shows that the Chief Operating Officer of Priority Technology Holdings, Inc. (PRTH) received a grant of 69,231 restricted stock units (RSUs) on November 21, 2025.
How many PRTH RSUs were granted to the executive and how do they vest?
The executive was granted 69,231 RSUs, vesting in three equal installments of 23,077 shares on February 18, 2026, February 18, 2027, and February 18, 2028, subject to continued employment.
What does each PRTH restricted stock unit represent?
Each restricted stock unit represents a contingent right to receive one share of Priority Technology Holdings’ common stock when it vests.
How many PRTH shares does the reporting person beneficially own after this transaction?
After the reported transaction, the reporting person beneficially owns 686,389 shares of PRTH common stock directly.
Who is the reporting person in this PRTH Form 4 filing?
The reporting person is an officer of Priority Technology Holdings, Inc., serving as Chief Operating Officer.
Is this PRTH Form 4 filed for an individual or a group?
The Form 4 is indicated as being filed by one reporting person, not by a group.