CTO Yi Sun granted 53,846 RSUs at Priority Technology (PRTH)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sun Yi reported acquisition or exercise transactions in this Form 4 filing.
Priority Technology Holdings, Inc. reported that Chief Technology Officer Yi Sun received an equity grant in the form of restricted stock units. On November 21, 2025, Sun was granted 53,846 restricted stock units, each representing a contingent right to receive one share of common stock.
The award vests in three annual installments, with 17,949 units vesting on February 18, 2026, 17,949 units vesting on February 18, 2027, and 17,948 units vesting on February 18, 2028, all subject to Sun’s continued employment with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sun Yi
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 53,846 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 53,846 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. On November 21, 2025, the Reporting Person was granted 53,846 restricted stock units which vest as follows: [17,949 on February 18, 2026, 17,949 on February 18, 2027, and 17,948 on February 18, 2028] subject to the Reporting Person's continued employment with the Issuer.
FAQ
What insider transaction did PRTH report for Yi Sun on this Form 4?
Priority Technology reported that Chief Technology Officer Yi Sun received a grant of 53,846 restricted stock units. These RSUs are a form of equity-based compensation that convert into common shares if specific vesting conditions tied to continued employment are satisfied over time.
How many restricted stock units were granted to PRTH CTO Yi Sun?
Yi Sun was granted 53,846 restricted stock units. Each unit represents a contingent right to receive one share of Priority Technology common stock, meaning the actual shares will be delivered only after the RSUs vest according to the award’s scheduled vesting dates.
What is the vesting schedule for Yi Sun’s 53,846 PRTH RSUs?
The 53,846 restricted stock units vest in three tranches: 17,949 units on February 18, 2026, 17,949 units on February 18, 2027, and 17,948 units on February 18, 2028. Vesting requires Yi Sun to remain employed with Priority Technology through each vesting date.
Does Yi Sun’s RSU grant on PRTH involve an open-market stock purchase?
No, the Form 4 describes a grant of restricted stock units, not an open-market stock purchase. The transaction is coded as a grant or award, with a price per unit of 0.0000, reflecting equity compensation rather than a cash-funded acquisition of existing common shares.
What does each PRTH restricted stock unit represent in Yi Sun’s award?
Each restricted stock unit in Yi Sun’s grant represents a contingent right to receive one share of Priority Technology common stock. The units themselves are not shares until they vest, at which point vested units can be settled in shares according to the award’s terms.
Is Yi Sun’s ownership in PRTH after this Form 4 transaction direct or indirect?
The Form 4 indicates that Yi Sun’s ownership of the reported restricted stock units is direct. The transaction is coded with a direct ownership designation, and there is no footnote stating that the RSUs are held through a separate entity such as a trust or partnership.