PRAA Director Receives 10,741 RSUs in Form 4 Filing
On June 17, 2025, PRA Group (PRAA) director Scott M. Tabakin received an annual retainer grant of 10,741 restricted stock units (RSUs) under the company’s 2022 Omnibus Incentive Plan, as disclosed in a Form 4 filed on June 20, 2025.
Rhea-AI Filing Summary
On June 17, 2025, PRA Group (PRAA) director Scott M. Tabakin received an annual retainer grant of 10,741 restricted stock units (RSUs) under the company’s 2022 Omnibus Incentive Plan, as disclosed in a Form 4 filed on June 20, 2025.
The RSUs carry a grant price of $0, reflecting a non-cash equity award, and will vest fully on June 17, 2026, contingent on Tabakin’s continued board service. Following the award, the director’s beneficial ownership rises to 97,999 common shares of PRAA. The filing records the transaction with code “A,” indicating an acquisition from the issuer rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insights
Routine director RSU grant; neutral impact for investors.
This Form 4 reflects standard board compensation: 10,741 RSUs granted to Director Scott Tabakin, vesting after one year. It modestly increases insider alignment but involves no cash outlay, dilution is immaterial, and there is no signaling of active buying or selling. Consequently, the disclosure does not alter PRAA’s fundamental outlook or valuation assumptions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,741 | $0.00 | $0.00 |
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 17, 2026, provided that the Reporting Person is a director of the Issuer on the vesting date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What is the vesting schedule for the new RSUs granted to PRAA’s director?
What is Scott Tabakin’s total beneficial ownership after the transaction?
Was the RSU grant an open-market purchase?
Does this Form 4 filing trigger Rule 10b5-1 safe-harbor disclosure?
AI-generated analysis. How Rhea-AI works. Not financial advice.