Encore Capital Group (ECPG) grants stock units and withholds shares for taxes

Rhea-AI Filing Summary

Encore Capital Group executive John Yung reported equity compensation and related tax withholding in company stock. On March 9, 2026, he was granted several blocks of common stock and restricted stock units at $0.00 per share as part of incentive awards.

Footnotes show these include restricted stock units that vest in three equal annual installments on March 9, 2027, March 9, 2028, and March 9, 2029, plus shares issued upon vesting of performance stock units whose performance targets were achieved and additional performance stock units that vest on March 9, 2028.

To cover taxes from the vesting of stock units, 5,677 shares were withheld at $68.19 per share, a tax-withholding disposition rather than an open-market sale. After these transactions, Yung directly owns 66,570 common shares.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Yung John

(Last) (First) (Middle)

350 CAMINO DE LA REINA

SUITE 100

(Street)

SAN DIEGO CA 92108

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ENCORE CAPITAL GROUP INC [ ECPG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President, Intl. and Cabot

3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/09/2026		A		8,432(1)	A	$0	65,041	D
Common Stock	03/09/2026		A		2,310(2)	A	$0	67,351	D
Common Stock	03/09/2026		A		4,896(3)	A	$0	72,247	D
Common Stock	03/09/2026		F		5,677(4)	D	$68.19	66,570	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Grant to the reporting person on March 9, 2026 of restricted stock units ("RSUs") under the Encore Capital Group, Inc. 2017 Incentive Award Plan. The RSUs are subject to vesting and vest in annual installments over a three-year period, with one-third vesting on March 9, 2027, one-third vesting on March 9, 2028, and the remaining one-third vesting on March 9, 2029.

2. Represents shares issued in connection with the vesting of performance stock units based upon the achievement of performance targets.

3. Represents performance stock units granted on March 9, 2025 under the Encore Capital Group, Inc. 2017 Incentive Award Plan for which performance conditions have been satisfied. These performance stock units vest on March 9, 2028.

4. Disposal relates to the withholding of securities for the payment of the tax liability incident to the vesting of stock units.

Remarks:

	/s/ Michael Chin, Attorney-in-Fact for John Yung	03/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What did Encore Capital Group (ECPG) executive John Yung report in this Form 4?

John Yung reported equity compensation awards and related tax withholding in Encore Capital Group common stock. He received multiple stock and unit grants and had shares withheld to satisfy tax obligations tied to vesting, all reflected as non-open-market transactions.

How many Encore Capital (ECPG) shares were withheld for John Yung’s taxes?

A total of 5,677 Encore Capital common shares were withheld at $68.19 per share. This withholding covered tax liabilities triggered by the vesting of stock units and is categorized as a tax-withholding disposition, not an open-market sale of shares.

What restricted stock units did John Yung receive from Encore Capital (ECPG)?

John Yung received restricted stock units granted on March 9, 2026 under Encore Capital’s 2017 Incentive Award Plan. These RSUs vest in three equal annual installments on March 9, 2027, March 9, 2028, and March 9, 2029, aligning with long-term incentive objectives.

How are performance stock units described in John Yung’s Encore Capital (ECPG) filing?

Some shares represent vesting of performance stock units after achievement of performance targets. Additional performance stock units were granted on March 9, 2025, with performance conditions satisfied and scheduled to vest on March 9, 2028, under Encore Capital’s 2017 Incentive Award Plan.

How many Encore Capital (ECPG) shares does John Yung hold after these transactions?

Following the reported awards and tax withholding, John Yung directly owns 66,570 shares of Encore Capital common stock. This figure reflects his updated position after receiving equity compensation and having shares withheld to cover tax liabilities on vesting.

Were John Yung’s Encore Capital (ECPG) transactions open-market buys or sells?

The transactions are compensation-related awards and tax withholding, not open-market trades. Grants were recorded at $0.00 per share, and the only disposition was 5,677 shares withheld at $68.19 per share to satisfy tax liabilities from vesting stock units.