PRTH CFO Tim O'Leary Exercises RSUs, Sells 27,352 Shares

What Happened

• Tim O'Leary, Chief Financial Officer of Priority Technology Holdings, had restricted stock units (RSUs) vest on Sept 19, 2026 and converted those RSUs into common shares. The filing shows conversions of 61,727 and 31,496 RSUs (total 93,223 shares).
• Following the conversion, 27,352 shares were disposed to the issuer at $5.83 per share for proceeds of $159,462. Additional disposals of 61,727 and 31,496 shares at $0.00 are reported and, per the filing footnote, represent shares withheld to satisfy tax withholding obligations.

Key Details

• Transaction date: September 19, 2026; Filing date: September 22, 2026.
• Conversions (exercise/conversion of derivative): 61,727 and 31,496 shares acquired (total 93,223).
• Cash disposition: 27,352 shares sold/returned to the issuer at $5.83 each = $159,462.
• Tax withholding: 61,727 and 31,496 shares reported as disposed at $0.00 — footnote indicates these were withheld to satisfy tax obligations.
• Grants/vesting background: Per footnotes, these shares come from prior RSU grants — 185,185 RSUs granted Sept 19, 2023 (61,727 vested 9/19/2026) and 94,488 RSUs granted Sept 19, 2024 (31,496 vested 9/19/2026).
• Shares owned after transaction: Not specified in the provided filing.
• No 10b5-1 plan or late-filing flag is specified in the provided summary—filing was three days after the transaction date (Sept 22 vs Sept 19).

Context

• These were conversions of vested RSUs (derivative-to-common share conversions). The filing shows shares withheld for taxes (common on vesting) and a separate disposition of shares to the issuer for cash; such transactions are often routine tax-withholding and partial proceeds settlements rather than open-market purchases or opportunistic sales.
• Derivative code M indicates conversion/exercise of a derivative (here, RSUs converting into shares); code D indicates a disposition to the issuer.