Kumar Rajiv 4
4 · Priority Technology Holdings, Inc. · Filed Feb 9, 2026
Research Summary
AI-generated summary of this filing
Priority Technology (PRTH) Chief Accounting Officer Kumar Rajiv Receives Award
What Happened
Kumar Rajiv, Chief Accounting Officer of Priority Technology Holdings, Inc. (PRTH), was granted 12,887 restricted stock units (RSUs) on February 5, 2026. The RSUs were reported at $0.00 per unit (a compensation award/derivative grant) and represent a contingent right to receive one share of common stock upon vesting. This is a compensation award rather than an open‑market purchase or sale.
Key Details
- Transaction date: February 5, 2026 — Grant (transaction code A); reported acquisition of 12,887 RSUs at $0.00.
- Vesting (per filing footnote): 4,296 RSUs vest on Feb 5, 2027; 4,296 on Feb 5, 2028; and 4,295 on Feb 5, 2029, subject to continued employment.
- Footnote summary: Each RSU equals a contingent right to one share upon vesting.
- Shares owned after transaction: Not specified in this Form 4 filing.
- Filing date / timeliness: Form 4 filed Feb 9, 2026 — appears timely (filed within the two business‑day window required for Section 16 insiders).
Context
RSUs are a common form of equity compensation and do not involve an immediate cash purchase or sale; value is realized only if and when units vest and convert to shares (or are cash‑settled). Such grants are routine for employee compensation and should be viewed as remuneration rather than a direct signal of the insider buying or selling company stock.
Insider Transaction Report
- Award
Restricted Stock Unit
[F1][F2]2026-02-05+12,887→ 12,887 total→ Common Stock (12,887 underlying)
- 46,074
Common Stock
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- [F2]On February 5, 2026, the Reporting Person was granted 12,887 restricted stock units which vest as follows: [4,296 on February 5, 2027, 4,296 on February 5, 2028, and 4,295 on February 5, 2029] subject to the Reporting Person's continued employment with the Issuer.