STOCK TITAN

Insider Filing: PRA Group Director Receives Annual RSU Grant of 10,741 Shares

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Form 4 Overview

On 06/17/2025, PRA Group, Inc. (PRAA) director Lance L. Weaver received 10,741 restricted stock units (RSUs) as part of the annual director retainer under the 2022 Omnibus Incentive Plan. The grant was reported at a transaction price of $0 and will vest fully on 06/17/2026, provided he remains a director on that date.

Following the award, Weaver’s beneficial ownership now totals 18,557 shares held directly and 33,864 shares held indirectly through a trust. No shares were sold or disposed of, and the filing reports no derivative securities.

This is a routine, compensation-related issuance that modestly increases insider ownership, indicating continued alignment between the director and shareholders without immediate financial impact to PRAA’s capital structure.

Positive

  • Director acquired 10,741 RSUs at $0, lifting direct ownership to 18,557 shares and reinforcing insider alignment with shareholder interests.

Negative

  • None.

Insights

TL;DR: Routine RSU grant adds 10,741 shares to director’s stake; neutral near-term impact, mildly positive insider-confidence signal.

The Form 4 discloses an annual retainer grant—10,741 RSUs—awarded to Director Lance L. Weaver at no cost. Post-grant, his direct holdings rise to 18,557 shares, with an additional 33,864 shares held via trust. No disposals occurred, and there are no derivative positions. Because the award vests in one year, it incentivizes board continuity but does not immediately alter cash flow or share count materially. For investors, the filing is neutral from a valuation standpoint yet mildly supportive of sentiment, as increasing insider ownership often signals confidence.

Insider WEAVER LANCE L
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 10,741 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 18,557 shares (Direct); Common Stock — 33,864 shares (Indirect, By trust)
Footnotes (1)
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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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
WEAVER LANCE L

(Last) (First) (Middle)
120 CORPORATE BLVD

(Street)
NORFOLK VA 23502

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
PRA GROUP INC [ PRAA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/17/2025
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 06/17/2025 06/17/2025 A 10,741(1) A $0 18,557 D
Common Stock 33,864 I By trust
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. 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 17, 2026, provided that the Reporting Person is a director of the Issuer on the vesting date.
Remarks:
/s/ Christina Branch, Attorney-In-Fact 06/20/2025
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did PRAA disclose on 06/17/2025?

Director Lance L. Weaver received 10,741 RSUs as his annual retainer grant at a $0 transaction price.

How many PRA Group (PRAA) shares does Lance Weaver now own?

After the grant, he beneficially owns 18,557 shares directly and 33,864 shares indirectly through a trust.

When will the 10,741 RSUs awarded to PRAA’s director vest?

The RSUs will fully vest on 06/17/2026, contingent on Weaver’s continued board service.

Were any PRA Group shares sold or disposed of in this Form 4 filing?

No. The filing reports only an acquisition of RSUs; there were no sales or disposals.

Does the filing involve any derivative securities?

No derivative securities were reported; the transaction solely involves restricted stock units.