PRTH.NASDAQPriority Technology Holdings, INC

Form 4: Priority Technology Holdings Director Michael Passilla Reports Stock Transactions

Sentiment:

SEC Form 4

📋All filings for Priority Technology Holdings, INC
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Director Michael Passilla reports acquisition and disposal of Priority Technology Holdings stock, including transactions related to restricted stock units.

Summary

  • On April 1, 2024, Michael Passilla, a director of Priority Technology Holdings, engaged in transactions involving the company's common stock.
  • Passilla acquired 7,988 shares of common stock through the vesting of restricted stock units.
  • He also disposed of 2,196 shares to satisfy tax obligations at a price of $3.27 per share.
  • Following these transactions, Passilla directly owns 106,743 shares and indirectly owns 76,052 shares through Posillipo Ventures, Inc.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the buying and selling activities of company executives and directors.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders by slightly increasing the number of outstanding shares.

Key Dates

DateDescription
04/01/2024Date of stock transactions (acquisition and disposal).
02/08/2024Date the Reporting Person was granted 31,949 restricted stock units which vest 25% on April 1, 2024, 25% on July 1, 2024, 25% on October 1, 2024, and 25% on January 1, 2025.
04/03/2024Date of signature for the report.

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