SCHEDULE: Trident and Stone Point Capital Report Zero Ownership in Priority Technology Holdings

Trident VII, L.P., Trident Finxera Holdings LP, Trident Finxera Holdings GP LLC, Trident Capital VII, L.P., and Stone Point Capital LLC have filed a Schedule 13G indicating they do not beneficially own any shares of Priority Technology Holdings, Inc. as of December 31, 2024.

Summary

• This document is a Schedule 13G filing, which is required when an entity owns 5% or less of a company's stock.
• The filing indicates that Trident VII, L.P., Trident Finxera Holdings LP, Trident Finxera Holdings GP LLC, Trident Capital VII, L.P., and Stone Point Capital LLC do not beneficially own any shares of Priority Technology Holdings, Inc. common stock.
• The reporting entities have zero sole or shared voting and dispositive power over any shares.
• The filing is based on 77,165,973 shares of common stock outstanding as of November 1, 2024.

Sentiment

Score: 5

Explanation: The document is neutral, as it is a standard regulatory filing indicating a lack of ownership. There is no positive or negative sentiment associated with the filing itself.

Industry Context

This filing is a routine disclosure required by the SEC for entities holding less than 5% of a company's stock, and it indicates a change in ownership or a lack of ownership by the reporting entities.

Comparison to Industry Standards

• Schedule 13G filings are standard practice for investors holding less than 5% of a company's stock, similar to filings made by other investment firms and individuals.
• The zero ownership reported is unusual, as most filings indicate some level of ownership, even if below the 5% threshold.

Stakeholder Impact

• The filing indicates that the reporting entities do not have any influence over Priority Technology Holdings, Inc. due to their lack of ownership.

Key Dates

Keywords

Schedule 13G, beneficial ownership, Priority Technology Holdings, Trident VII, Stone Point Capital, common stock, voting power, dispositive power