O'Leary Tim 4
Research Summary
AI-generated summary
Priority Technology (PRTH) CFO Tim O'Leary Receives RSU Award
What Happened
Tim O'Leary, Chief Financial Officer of Priority Technology Holdings, was granted 154,639 restricted stock units (RSUs) on February 5, 2026. The Form 4 reports an acquisition-type award at $0.00 per unit (typical for RSU grants); no cash changed hands. These RSUs are a contingent right to receive common stock subject to vesting.
Key Details
- Transaction date: February 5, 2026; Form 4 filed February 9, 2026 (within the standard Form 4 reporting window).
- Award: 154,639 restricted stock units; grant price listed as $0.00.
- Vesting schedule (per footnote): 51,547 RSUs vest on Feb 5, 2027; 51,546 on Feb 5, 2028; 51,546 on Feb 5, 2029 — vesting is conditioned on continued employment.
- Footnote clarification: Each RSU represents the right to one share of common stock upon vesting.
- Shares owned after the transaction: not disclosed in the provided filing.
- Transaction type: Award/Grant (A); not a market purchase or sale — typically not an immediate bullish/sell signal until RSUs vest and shares are delivered.
Context
RSU grants are a common form of equity compensation to align executives with long-term company performance; they do not represent immediate stock purchases or sales. Because these RSUs vest over time and are contingent on continued employment, any eventual transfer of shares will occur on future vesting dates (unless other company-specific conditions apply).