Favilla Christina M 4

What Happened

• Christina M. Favilla, a director of Priority Technology Holdings (PRTH), had 4,296 restricted stock units (RSUs) vest on April 1, 2026. The RSUs converted into common shares (derivative conversion).
• To satisfy tax withholding, 1,229 of those shares were surrendered to the issuer at $4.72 per share, producing $5,801. The remaining shares (4,296 − 1,229 = 3,067) were retained by Favilla.
• This was a vesting/settlement event (award conversion and tax withholding), not an open-market sale or purchase.

Key Details

• Transaction date: April 1, 2026; Form 4 filed April 3, 2026 (timely filing).
• Conversions/Acquisitions: 4,296 shares converted from RSUs (transaction code M).
• Disposition to issuer (tax withholding): 1,229 shares at $4.72 each, total $5,801 (transaction code D; footnote F2).
• Considered an award/vesting event tied to a grant: these RSUs were part of a Feb 5, 2026 grant of 17,182 RSUs that vest 25% on Apr 1, 2026, with remaining vesting through Jan 1, 2027 (footnote F3).
• Shares owned after the transaction: not specified in the provided filing excerpt.

Context

• This is a routine vesting and tax-withholding transaction. The RSUs converted into shares and some shares were withheld by the company to cover tax obligations (a common cashless settlement).
• Because this was an award vesting and not an open-market sale or purchase, it should not be interpreted as a directional signal about the director’s view of the stock.
• Transaction codes: M = exercise/conversion of derivative (here, RSUs); D = disposition to issuer; F2 indicates shares withheld for taxes.