Form 4: Director Marc A. Crisafulli Reports Stock Transactions in Priority Technology Holdings, Inc.

Sentiment:

SEC Form 4 Filing


Marc A. Crisafulli, a director of Priority Technology Holdings, Inc., reports the vesting of restricted stock units and subsequent acquisition of common stock.

Summary

  • On July 1, 2024, Marc A. Crisafulli, a director of Priority Technology Holdings, Inc. (PRTH), acquired 7,988 shares of common stock upon the vesting of restricted stock units.
  • This transaction is reported on a Form 4 filing with the SEC.
  • Following the transaction, Crisafulli directly owns 62,086 shares of common stock.
  • The restricted stock units were granted on February 8, 2024, and vest in four equal installments on April 1, 2024, July 1, 2024, October 1, 2024, and January 1, 2025.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting insider transactions, which is neutral in sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors.

Stakeholder Impact

  • The transaction has a minor impact on shareholders as it reflects a director's compensation and ownership stake in the company.

Key Dates

DateDescription
February 8, 2024Reporting Person was granted 31,949 restricted stock units
April 1, 202425% of restricted stock units vest
July 1, 2024Transaction date: 7,988 shares acquired upon vesting of restricted stock units; 25% of restricted stock units vest
October 1, 202425% of restricted stock units vest
January 1, 202525% of restricted stock units vest
July 03, 2024Date of Form 4 filing

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.