PRA Group (NASDAQ: PRAA) director receives stock grant and withholds shares for taxes
Rhea-AI Filing Summary
PRA Group Inc. director Jayne-Anne Gadhia reported equity compensation and related tax withholding in company stock. She 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. The filing also shows 3,223 shares withheld to cover tax liabilities tied to the vesting of restricted stock units, which is not an open-market sale. After these transactions, she directly holds 26,610 shares of PRA Group Inc. common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,543 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,223 | $15.50 | $50K |
Footnotes (1)
- 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. 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 financial
RSUs financial
2022 Omnibus Incentive Plan financial
tax liability financial
FAQ
What insider transactions did PRAA director Jayne-Anne Gadhia report on this Form 4?
Jayne-Anne Gadhia reported a and a withholding of 3,223 shares to cover taxes on RSU vesting. These are compensation and tax-related entries, not open-market buying or selling.
When do Jayne-Anne Gadhia’s new PRAA restricted stock units vest?
The restricted stock units from this director retainer grant will fully vest on June 16, 2027, or on the date of the next annual shareholder meeting, whichever occurs earlier, assuming she remains a director through the vesting date.