Kumar Rajiv 4/A

What Happened

• Kumar Rajiv, Chief Accounting Officer of Priority Technology Holdings, had 3,847 restricted stock units (RSUs) convert to common shares on February 18, 2026 (reported as an exercise/conversion of a derivative, code M). The filing also reports an equal disposal of 3,847 shares at $0.00. The Form 4 is an amended filing, submitted with an accession date of 2026-02-20 for the 2026-02-18 transaction.

Key Details

• Transaction date: 2026-02-18 (Period of Report); filing date (amended): 2026-02-20.
• Acquired: 3,847 shares via conversion of RSUs (price: N/A).
• Disposed: 3,847 shares at $0.00 (total reported proceeds $0).
• Shares owned after transaction: Not specified in the provided filing data.
• Relevant footnotes:
  • F1: Each restricted stock unit represents a contingent right to one share of common stock.
  • F2: On Nov 21, 2025, Rajiv was granted 11,539 RSUs vesting 3,847 on Feb 18, 2026; the remaining vest in 2027 and 2028, subject to continued employment.
• Timeliness: The filing was made two days after the transaction date (Feb 20 for a Feb 18 transaction), which appears to be timely under typical reporting windows.

Context

• The filing shows RSUs vested and were converted into shares (derivative conversion). The equal number of shares reported as disposed at $0.00 is consistent with share withholding or other non-cash disposals often used to satisfy tax withholding or similar obligations, but the filing does not explicitly state the reason.
• This is not an open-market buy or sale that signals a purchase or cash proceeds; it documents the vesting/conversion of an equity award.