PRA Group director receives 10,543-share RSU award
PRA Group Inc. director Geir Olsen reported routine equity compensation and related tax withholding.
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Rhea-AI Filing Summary
PRA Group Inc. director Geir Olsen reported routine equity compensation and related tax withholding. Olsen received a grant of 10,543 shares of Common Stock as a director retainer award in the form of restricted stock units under the 2022 Omnibus Incentive Plan, at zero cost per share.
Footnotes state the RSUs will fully vest on June 16, 2027, or the next annual meeting date, whichever occurs first, if he remains a director. To cover tax liabilities on RSU vesting, 3,223 shares were disposed of at $15.50 per share. Following these transactions, Olsen directly holds 28,228 shares and indirectly holds 58,933 shares through Andenes Investments SL.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,543 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,223 | $15.50 | $50K |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Director retainer grant awarded annually in the form of restricted stock units ("RSUs") pursuant to the Issuer's 2022 Omnibus Incentive Plan. The RSUs will vest fully on June 16, 2027, or the next Annual Meeting date, whichever comes earlier, provided that the Reporting Person is a director of the Issuer on the vesting date.
- F2. Reflects the number of shares withheld to cover the tax liability associated with the vesting of restricted stock units.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
2022 Omnibus Incentive Plan financial
tax liability financial
director retainer grant financial
FAQ
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What insider transactions did PRA Group (PRAA) director Geir Olsen report?
What are the terms of Geir Olsen’s PRA Group (PRAA) director RSU grant?
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