Kiewiet Sean 4

What Happened

• Sean Kiewiet, Chief Strategy Officer of Priority Technology Holdings (PRTH), had 20,513 restricted stock units (RSUs) vest and convert into 20,513 shares on February 18, 2026. The Form 4 shows a conversion/exercise of a derivative (20,513 shares acquired) and a simultaneous disposition of 20,513 shares at $0.00. No cash value is reported for the disposed shares in the filing.

Key Details

• Transaction date: February 18, 2026; Form 4 filed February 20, 2026 (appears timely).
• Acquired: 20,513 shares via conversion of RSUs (derivative exercise/conversion, code M).
• Disposed: 20,513 shares at $0.00 (reported as a derivative disposition).
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 — each RSU represents a contingent right to one common share. F2 — the 61,539 RSUs were granted Nov 21, 2025 and vest in three equal tranches of 20,513 on Feb 18 of 2026, 2027 and 2028.

Context

• This was a compensation-related vesting/conversion of RSUs, not an open-market buy or sell by the insider. The matching disposition at $0.00 in filings like this commonly reflects shares surrendered or handled in connection with tax withholding or administrative conversion, but the Form 4 here does not explicitly state the reason. For retail investors, such RSU vesting events are routine and reflect issuance of shares tied to employment rather than a direct signal of insider buying or selling intent.