George M. Sewell - 28 Feb 2024 Form 4 Insider Report for PROG Holdings, Inc. (PRG)

Signature
George M. Sewell
Issuer symbol
PRG
Transactions as of
28 Feb 2024
Net transactions value
+$109,133
Form type
4
Filing time
01 Mar 2024, 16:58:02 UTC
Previous filing
02 Nov 2023
Next filing
05 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRG Common Stock Award $0 +2,615 +23% $0.000000 13,888 28 Feb 2024 Direct F1, F2
transaction PRG Common Stock Award $109,133 +3,712 +27% $29.40 17,600 28 Feb 2024 Direct F3
holding PRG Common Stock 176 28 Feb 2024 By: 401(k) Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock award is expected to vest in three equal increments on each of March 7, 2025, 2026 and 2027, subject to the grant agreement between the Issuer and the Reporting Person.
F2 Number of shares reported includes 500 shares purchased through the Issuer's Employee Stock Purchase Plan on December 31, 2023.
F3 On February 28, 2024, the Compensation Committee of the Issuer's Board of Directors determined these performance shares were earned, based on the level of attainment of various performance goals. These shares, which were granted in March 2023, are expected to vest in three equal increments on each of March 1, 2024, 2025 and 2026, subject to the grant agreement between the Issuer and the Reporting Person.