Encore Capital director granted 340 deferred units
Encore Capital Group director Ashwini Gupta received a grant of 340 deferred stock units of common stock for service on the Board.
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Form Type
4
Rhea-AI Filing Summary
Encore Capital Group director Ashwini Gupta received a grant of 340 deferred stock units of common stock for service on the Board. The grant is valued at $78.56 per unit. These units convert one-for-one into common shares after Board service ends, and Gupta now holds 103,492 shares directly.
Insider Trade Summary
Grant/Award: 340 shares
Grant/Award
1 txn
Insider
Gupta Ashwini
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 340 | $78.56 | $27K |
Holdings After Transaction:
Common Stock — 103,492 shares (Direct)
Footnotes (1)
- F1. Grant to the reporting person, for service on the Board of Directors of Encore Capital Group, Inc. ("Encore"), of deferred stock units under the terms of a non-employee director deferred compensation plan established under the 2017 Incentive Award Plan. Deferred stock units will be converted into shares of Encore common stock on a one-for-one basis upon distribution. The distribution of shares of common stock will occur within 10 business days following the fifth anniversary of the date the reporting person is no longer a member of the Board of Directors.
Key Figures
Deferred stock units granted: 340 units
Grant price per unit: $78.56 per unit
Shares held after transaction: 103,492 shares
3 metrics
Deferred stock units granted
340 units
Grant for Board service on Encore Capital’s Board
Grant price per unit
$78.56 per unit
Value assigned to the 340 deferred stock units
Shares held after transaction
103,492 shares
Total Encore Capital common stock directly held by Gupta after grant
Key Terms
deferred stock units, non-employee director deferred compensation plan, 2017 Incentive Award Plan, distribution of shares of common stock
4 terms
deferred stock units financial
"Grant to the reporting person, for service on the Board of Directors of Encore Capital Group, Inc. ("Encore"), of deferred stock units under the terms"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
non-employee director deferred compensation plan financial
"of deferred stock units under the terms of a non-employee director deferred compensation plan established under the 2017 Incentive Award Plan."
2017 Incentive Award Plan financial
"non-employee director deferred compensation plan established under the 2017 Incentive Award Plan."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Encore Capital (ECPG) report for Ashwini Gupta?
Encore Capital reported that director Ashwini Gupta received 340 deferred stock units of common stock as a grant for Board service, priced at $78.56 per unit, increasing his directly held position to 103,492 common shares after this non-market acquisition.
Is the Ashwini Gupta Form 4 transaction for ECPG a market purchase or a grant?
The Form 4 for Ashwini Gupta shows a grant, not a market purchase. The 340 common stock units were awarded as compensation for Board service under a non-employee director deferred compensation plan, rather than acquired through open-market buying or selling activity.
When will Ashwini Gupta’s deferred stock units in Encore Capital convert into common shares?
The deferred stock units will convert into Encore Capital common shares on a one-for-one basis at distribution. Distribution occurs within 10 business days following the fifth anniversary of the date Gupta is no longer a member of the Board of Directors, according to the plan terms.
What plan governs Ashwini Gupta’s deferred stock unit grant at Encore Capital (ECPG)?
The grant is made under a non-employee director deferred compensation plan established pursuant to Encore Capital’s 2017 Incentive Award Plan. This plan provides for deferred stock units that later convert into common shares, aligning director compensation with long-term company equity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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