Favilla Christina M 4
Research Summary
AI-generated summary
Priority Technology (PRTH) Director Christina Favilla Receives Award
What Happened
- Christina M. Favilla, a director of Priority Technology Holdings, Inc. (PRTH), was granted 17,182 restricted stock units (RSUs) on February 5, 2026. The award is recorded at $0.00 per share (no cash purchase) and is reported as a derivative grant (RSUs represent a contingent right to receive common stock).
Key Details
- Transaction date and type: 2026-02-05 — Grant/award of RSUs (code A).
- Amount: 17,182 RSUs; reported price $0.00 (no cash exchanged at grant).
- Vesting: 25% on Apr 1, 2026; 25% on Jul 1, 2026; 25% on Oct 1, 2026; 25% on Jan 1, 2027, subject to continued service as a director (see footnotes F1, F2).
- Shares owned after transaction: Not specified in the provided filing.
- Filing timeliness: Form 4 filed 2026-02-09 — appears timely (filed within required SEC deadline).
- Footnotes: F1 explains each RSU converts to one share when settled; F2 lists the vesting schedule above.
Context
- This was an equity award, not an open-market purchase or sale. RSU grants are common compensation for directors and are contingent on continued service and any plan terms; they do not necessarily indicate immediate buying or selling activity. Upon vesting and settlement, shares may be delivered, withheld for taxes, or sold depending on company plan mechanics (none of those actions are reported here).