MILLER BRADLEY J 4
4 · Priority Technology Holdings, Inc. · Filed Feb 20, 2026
Research Summary
AI-generated summary of this filing
Priority Technology (PRTH) GC Bradley J. Miller Converts 20,513 RSUs
What Happened
Bradley J. Miller, General Counsel and Chief Risk Officer of Priority Technology Holdings (PRTH), had 20,513 restricted stock units convert into 20,513 shares of common stock on February 18, 2026. The shares were recorded as acquired at $0.00 per share (no cash exercise price). The filing shows a corresponding derivative disposal line for the same 20,513 units, consistent with the conversion/settlement of RSUs rather than an open‑market sale.
Key Details
- Transaction date: 2026-02-18; Form 4 filed 2026-02-20 (timely filing).
- Transaction code: M (exercise or conversion of a derivative).
- Shares acquired: 20,513 at $0.00 per share (total cash paid $0.00).
- Matching "Disposed" entry: 20,513 shares at $0.00 (reflects conversion/settlement in the filing).
- Shares owned after transaction: not specified in the Form 4 provided.
- Footnotes: F1 explains each RSU equals a contingent right to one share; F2 notes the 61,539 RSUs were granted on Nov 21, 2025 and vest in thirds (20,513 on 2/18/2026, 20,513 on 2/18/2027, 20,513 on 2/18/2028), subject to continued employment.
Context
This was a vesting/conversion of restricted stock units into common shares (a non‑market acquisition) rather than a purchase or sale in the open market. Such RSU conversions are common compensation events for executives and do not, by themselves, indicate a buy or sell decision in the market. The filing does not show an immediate cash sale of the shares.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-02-18+20,513→ 264,133 total - Exercise/Conversion
Restricted Stock Unit
[F1][F2]2026-02-18−20,513→ 41,026 total→ Common Stock (20,513 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- [F2]On November 21, 2025, the Reporting Person was granted 61,539 restricted stock units which vest as follows: [20,513 on February 18, 2026, 20,513 on February 18, 2027, and 20,513 on February 18, 2028] subject to the Reporting Person's continued employment with the Issuer.