Form 4: Director Christina Favilla Reports Stock Transactions in Priority Technology Holdings

Christina Favilla, a director at Priority Technology Holdings, reports the vesting and subsequent tax withholding of restricted stock units.

Summary

• On October 1, 2024, Christina Favilla, a director of Priority Technology Holdings, had 7,988 restricted stock units vest, which converted into common stock.
• Simultaneously, 2,285 shares of common stock were withheld to satisfy tax obligations at a price of $6.83 per share.
• Following these transactions, Favilla directly owns 117,799 shares of common stock and 7,985 restricted stock units.
• The restricted stock units were granted on February 8, 2024, and vest in four equal installments: April 1, 2024, July 1, 2024, October 1, 2024, and January 1, 2025, contingent upon continued service as a director.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions by a company director, with no inherent positive or negative implications.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The transactions have a minor impact on the total outstanding shares, and therefore a minor impact on shareholders.

Key Dates