Main Clayton James 4
4 · Priority Technology Holdings, Inc. · Filed Feb 20, 2026
Research Summary
AI-generated summary of this filing
Priority Technology (PRTH) Director Main Clayton James Receives Award
What Happened Main Clayton James, a director of Priority Technology Holdings, Inc. (PRTH), was granted 17,182 restricted stock units (RSUs) on February 5, 2026. The award is reported as a derivative grant at $0.00 per unit (i.e., no cash was paid). Each RSU represents a contingent right to receive one share of common stock when vested.
Key Details
- Transaction type/date: Award/Grant (code A) on 2026-02-05; Form filed 2026-02-20 (filed 15 days after the transaction).
- Instruments/grant: 17,182 restricted stock units; reported price $0.00 (derivative award).
- Vesting schedule: 25% vests on 2026-04-01, 25% on 2026-07-01, 25% on 2026-10-01, and 25% on 2027-01-01, subject to continued service as a director (footnote).
- Shares owned after transaction: Not disclosed in the filing.
- Footnotes: F1 — each RSU equals a contingent right to one share; F2 — vesting schedule and service condition described above.
- Timeliness: Filing was submitted 15 days after the reported transaction date (appears to be a late Form 4 filing).
Context This was a compensation award of RSUs, not an open-market purchase or sale. RSUs convert into actual shares only upon vesting/settlement and are commonly used to compensate and retain directors and employees; they do not necessarily indicate an immediate change in market exposure by the insider. The late filing is administrative information investors may want to note but does not by itself indicate a change in company fundamentals.
Insider Transaction Report
- Award
Restricted Stock Unit
[F1][F2]2026-02-05+17,182→ 17,182 total→ Common Stock (17,182 underlying)
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 17,182 restricted stock units which vest 25% on April 1, 2026, 25% on July 1, 2026, 25% on October 1, 2026, and 25% on January 1, 2027 subject to the Reporting Person's continued service as a director of the Issuer.