PRA Group (PRAA) awards 10,543 restricted stock units to director
Rhea-AI Filing Summary
Paschke Brett Lee reported acquisition or exercise transactions in this Form 4 filing.
PRA Group Inc director Brett Lee Paschke reported an equity award of 10,543 shares of Common Stock in the form of restricted stock units (RSUs). The grant is his annual director retainer under PRA Group’s 2022 Omnibus Incentive Plan and carries a grant price of $0.00 per share, reflecting compensation rather than a market purchase.
The RSUs will vest fully on June 16, 2027, or on the date of the next annual meeting, whichever comes earlier, provided he is still serving as a director at that time. Following this grant, Paschke holds 51,340 shares of Common Stock directly and 12,250 shares indirectly through a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 10,543 shares
Net Buy
2 txns
Insider
Paschke Brett Lee
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,543 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 51,340 shares (Direct);
Common Stock — 12,250 shares (Indirect, By Trust)
Footnotes (1)
- 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.
Key Figures
RSU grant size: 10,543 shares
Grant price: $0.00 per share
Direct holdings after grant: 51,340 shares
+2 more
5 metrics
RSU grant size
10,543 shares
Annual director retainer grant on June 16, 2026
Grant price
$0.00 per share
Compensation award, not an open-market purchase
Direct holdings after grant
51,340 shares
Common Stock directly owned following RSU award
Indirect holdings after update
12,250 shares
Common Stock held indirectly by trust
RSU vesting date
June 16, 2027
Or next annual meeting date, whichever is earlier
Key Terms
restricted stock units ("RSUs"), 2022 Omnibus Incentive Plan, director retainer grant, vest fully
4 terms
restricted stock units ("RSUs") financial
"Director retainer grant awarded annually in the form of restricted stock units ("RSUs") pursuant to the Issuer's 2022 Omnibus Incentive Plan."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2022 Omnibus Incentive Plan financial
"RSUs ... awarded annually ... pursuant to the Issuer's 2022 Omnibus Incentive Plan."
director retainer grant financial
"Director retainer grant awarded annually in the form of restricted stock units ("RSUs")."
vest fully financial
"The RSUs will vest fully on June 16, 2027, or the next Annual Meeting date."
FAQ
What insider transaction did PRA Group (PRAA) director Brett Paschke report?
Director Brett Lee Paschke reported receiving 10,543 shares of PRA Group Common Stock as restricted stock units. This was an annual director retainer grant under the company’s 2022 Omnibus Incentive Plan and was recorded at a grant price of $0.00 per share.
When do Brett Paschke’s newly granted PRA Group RSUs vest?
The newly granted PRA Group restricted stock units vest fully on June 16, 2027, or on the date of the next annual shareholder meeting, whichever occurs earlier, provided Brett Paschke is still serving as a director on the vesting date.
Was Brett Paschke’s PRA Group RSU grant an open-market stock purchase?
No, the PRA Group RSU grant was not an open-market purchase. It was a compensation award recorded at $0.00 per share as part of his annual director retainer, under the company’s 2022 Omnibus Incentive Plan.
What plan governs Brett Paschke’s PRA Group restricted stock unit award?
Brett Paschke’s restricted stock unit award is governed by PRA Group’s 2022 Omnibus Incentive Plan. The Form 4 notes that his annual director retainer is granted in RSUs pursuant to this plan, with vesting tied to continued board service.
How is Brett Paschke’s indirect ownership in PRA Group stock structured?
Brett Paschke’s Form 4 shows indirect ownership of 12,250 PRA Group shares held "By Trust." This indicates those shares are owned through a trust arrangement rather than directly in his own name, as disclosed in the ownership details.
AI-generated analysis. How Rhea-AI works. Not financial advice.
