PRA Group (PRAA) CEO receives major stock awards and tax share withholdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PRA Group Inc President and CEO Martin Sjolund reported equity awards and related tax withholdings in company stock. He acquired 101,928 restricted stock units that vest ratably over three years beginning on the anniversary of the March 9, 2026 grant date.
He also acquired 4,973 common shares earned under the 2023-2025 Long-Term Incentive Plan after performance criteria were met. To cover tax liabilities from vesting of these performance share units and restricted stock units, a total of 15,278 shares were withheld at $18.15 per share. After these transactions, he directly holds 273,358 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
Sjolund Martin
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 101,928 | $0.00 | -- |
| Grant/Award | Common Stock | 4,973 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,338 | $18.15 | $42K |
| Tax Withholding | Common Stock | 1,700 | $18.15 | $31K |
| Tax Withholding | Common Stock | 3,869 | $18.15 | $70K |
| Tax Withholding | Common Stock | 1,857 | $18.15 | $34K |
| Tax Withholding | Common Stock | 5,514 | $18.15 | $100K |
Holdings After Transaction:
Common Stock — 283,663 shares (Direct)
Footnotes (1)
- Reflects restricted stock units granted pursuant to the terms of the Company's Omnibus Incentive Plan that will vest ratably over a three year period beginning on the anniversary of the grant date, which was March 9, 2026. Represents shares earned upon the satisfaction of certain performance criteria under the Company's 2023-2025 Long-Term Incentive Plan. Shares withheld to cover tax liability associated with the vesting of the performance share units referenced in Footnote 2. Shares withheld to cover tax liability associated with the vesting of restricted stock units.