Priority Technology Holdings, Inc. Announces 2024 Annual Meeting of Stockholders

TL;DR

<b>Priority Technology Holdings, Inc. will hold its 2024 Annual Meeting of Stockholders virtually on May 22, 2024, where shareholders will vote on three proposals.</b>

AI Summary

Priority Technology Holdings, Inc. (PRTHU) filed a Proxy Statement (DEF 14A) with the SEC on April 9, 2024. The 2024 Annual Meeting of Stockholders for Priority Technology Holdings, Inc. will be held on May 22, 2024, at 9:30 a.m. EDT. Stockholders can attend, vote, and submit questions virtually via the internet at www.virtualshareholdermeeting.com/PRTH2024. The meeting will cover three proposals to be voted on by stockholders. Priority Technology Holdings, Inc. is a payments technology company enabling clients to collect, store, and send money. The company's common stock is listed on the Nasdaq Global Market under the symbol 'PRTH'.

Why It Matters

For investors and stakeholders tracking Priority Technology Holdings, Inc., this filing contains several important signals. This filing is a definitive proxy statement, indicating that the company is formally soliciting shareholder votes for its upcoming annual meeting. The virtual format allows for broader participation from stockholders regardless of their physical location, facilitating engagement on key corporate matters.

Risk Assessment

Risk Level: low — Priority Technology Holdings, Inc. shows low risk based on this filing. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational risks indicated.

Analyst Insight

Stockholders should review the proposals and vote their shares to ensure their voice is heard at the annual meeting.

Key Numbers

• 2024 — Annual Meeting Year (Year of the Annual Meeting of Stockholders.)
• May 22 — Meeting Date (Date of the 2024 Annual Meeting of Stockholders.)
• 9:30 a.m. EDT — Meeting Time (Time of the 2024 Annual Meeting of Stockholders.)
• 3 — Number of Proposals (Number of proposals to be voted on at the annual meeting.)

Key Players & Entities

• Priority Technology Holdings, Inc. (company) — Registrant and filer of the proxy statement.
• May 22, 2024 (date) — Date of the 2024 Annual Meeting of Stockholders.
• 9:30 a.m. EDT (time) — Time of the 2024 Annual Meeting of Stockholders.
• www.virtualshareholdermeeting.com/PRTH2024 (url) — Website for virtual attendance and voting at the annual meeting.
• Nasdaq Global Market (exchange) — The stock exchange where Priority Technology Holdings, Inc. is listed.
• PRTH (ticker) — The stock ticker symbol for Priority Technology Holdings, Inc.

FAQ

Industry Context

Priority Technology Holdings, Inc. operates in the payments technology sector, providing services for collecting, storing, and sending money.

Regulatory Implications

This filing is made pursuant to Section 14(a) of the Securities Exchange Act of 1934, which governs the solicitation of proxies from shareholders.

What Investors Should Do

1. Review the three proposals to be voted on at the 2024 Annual Meeting.
2. Vote your shares via internet, telephone, or mail to ensure representation.
3. Attend the virtual meeting on May 22, 2024, to participate and ask questions.

Key Dates

• 2024-05-22: 2024 Annual Meeting of Stockholders — Stockholders will vote on key company proposals.

Year-Over-Year Comparison

This is a definitive proxy statement (DEF 14A) filed for the 2024 Annual Meeting, indicating a formal solicitation of shareholder votes.

Key Financial Figures

• $120 billion — customers channels. Priority processes $120 billion in annual transaction volume and provid
• $900 million — volume and provides administration for $900 million in deposits. Prior to dedicating his fu
• $20 billion — der in structured finance reaching over $20 billion in assets under management. From 1999 u

Filing Documents

• definitiveproxy2024.htm (DEF 14A) — 377KB
• image_3.jpg (GRAPHIC) — 22KB
• prth-blackxhxrgb2.jpg (GRAPHIC) — 1125KB
• 0001653558-24-000053.txt (&nbsp;) — 1959KB

Security Ownership of Certain Beneficial Owners, Directors, and Executive Officers 22

Security Ownership of Certain Beneficial Owners, Directors, and Executive Officers 22 Proposal Number One - Election of Directors 23 Proposal Number Two - Approval of Named Executive Officer Compensation 24 Proposal Number Three - Ratification of Independent Registered Public Accounting Firm 26 Other Matters 28 Proxy Card 29 Table of Conte n t s GENERAL INFORMATION ABOUT THE PROXY MATERIALS AND THE ANNUAL MEETING Why am I receiving this Proxy Statement The Board of Directors (the Board or Board of Directors) of Priority Technology Holdings, Inc. (we, us, our, Priority, PRTH, or the Company) is soliciting proxies for our 2024 Annual Meeting of Stockholders on May 22, 2024 (the Annual Meeting). This Proxy Statement and accompanying proxy card are being mailed on or about April 12, 2024 to stockholders of record as of March 25, 2024, the record date (the Record Date) for the Annual Meeting. You are receiving this Proxy Statement because you owned shares of the Company's common stock on the Record Date and are, therefore, entitled to vote at the Annual Meeting. By use of a proxy, you can vote regardless of whether you attend the Annual Meeting. This Proxy Statement provides information on the matters on which the Board would like you to vote so that you can make an informed decision. What am I voting on The purpose of the Annual Meeting is for the Company's stockholders to vote on the following proposals 1. To elect the six directors nominated by our Board of Directors and named in the Proxy Statement 2. To approve, on a non-binding basis, the compensation of our Named Executive Officers (NEOs) and 3. To ratify the appointment of Ernst and Young LLP (EY) as the Company's Independent Registered Public Accounting Firm for the year ending December 31, 2024. Who is asking for my vote and approximately how much will these solicitation activities cost The Company is soliciting your proxy on behalf of the Board. Solicitation of proxies is being made by

View Full Filing

View this DEF 14A filing on SEC EDGAR