STOCK TITAN

PRA Group (PRAA) awards director Lance Weaver 10,543 RSUs

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

Rhea-AI Filing Summary

WEAVER LANCE L reported acquisition or exercise transactions in this Form 4 filing.

PRA Group Inc. director Lance L. Weaver reported an equity award and updated indirect holdings. He received a grant of 10,543 shares of Common Stock in the form of restricted stock units as his annual director retainer under the 2022 Omnibus Incentive Plan. These RSUs vest in full on June 16, 2027, or on the date of the next Annual Meeting, whichever occurs first, if he remains a director on the vesting date. Following this grant, Weaver directly holds 21,284 shares of Common Stock. A separate entry updates his indirect ownership by a trust, which now holds 41,680 shares after the reported transaction.

Positive

  • None.

Negative

  • None.
Insider WEAVER LANCE L
Role null
Type Security Shares Price Value
Grant/Award Common Stock 10,543 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 21,284 shares (Direct, null); Common Stock — 41,680 shares (Indirect, By trust)
Footnotes (1)
  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. The amount of indirect securities beneficially owned by trust has been adjusted to reflect the correct number of shares held following the reported transaction.
RSU grant size 10,543 shares Director retainer grant of Common Stock RSUs
Grant price per share $0.0000 per share RSU award under 2022 Omnibus Incentive Plan
Direct holdings after grant 21,284 shares Total PRA Group common shares held directly post-transaction
Indirect holdings by trust 41,680 shares Beneficially owned indirectly by trust after adjustment
RSU vesting date June 16, 2027 Vest on this date or next Annual Meeting, whichever earlier
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
"Director retainer grant awarded annually in the form of restricted stock units ("RSUs") 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") pursuant to the Issuer's 2022 Omnibus Incentive Plan."
beneficially owned financial
"The amount of indirect securities beneficially owned by trust has been adjusted to reflect the correct number of shares held following the reported transaction."
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
SEC Form 4
FORM 4UNITED 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 VIRGINIA 23502

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
PRA GROUP INC [ PRAA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/16/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/16/202606/16/2026A10,543(1)A$021,284D
Common Stock41,680(2)IBy 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 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.
2. The amount of indirect securities beneficially owned by trust has been adjusted to reflect the correct number of shares held following the reported transaction.
Remarks:
/s/ Christina Branch, Attorney-In-Fact06/18/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did PRA Group (PRAA) director Lance L. Weaver report?

Lance L. Weaver reported receiving 10,543 PRA Group common shares as a restricted stock unit grant. The award represents his annual director retainer and is issued at no cash cost under the company’s 2022 Omnibus Incentive Plan, subject to future vesting conditions.

How many PRA Group (PRAA) shares did Lance L. Weaver receive in the latest grant?

He received 10,543 shares of PRA Group common stock in the form of restricted stock units. This equity award is compensation for his service as a director and increases his directly held position once the units vest, assuming all conditions are satisfied.

When do Lance L. Weaver’s new PRA Group (PRAA) RSUs vest?

The 10,543 restricted stock units vest fully on June 16, 2027, or on the next Annual Meeting date, whichever comes earlier. Vesting requires that Weaver continues to serve as a director of PRA Group through the applicable vesting date.

How many PRA Group (PRAA) shares does Lance L. Weaver hold directly after this filing?

After the reported grant, Weaver directly holds 21,284 PRA Group common shares. This figure reflects his post-transaction direct ownership and excludes additional shares held indirectly through a trust, which are reported separately in the filing.

What change was reported in Lance L. Weaver’s indirect PRA Group (PRAA) holdings by trust?

The filing updates the number of PRA Group shares beneficially owned indirectly by a trust to 41,680. The footnote explains this amount was adjusted to reflect the correct number of shares held following the reported equity award transaction.

Is Lance L. Weaver’s PRA Group (PRAA) RSU grant an open-market purchase?

No. The 10,543-share grant is a compensation-related award of restricted stock units, not an open-market purchase. It is described as an annual director retainer grant made under PRA Group’s 2022 Omnibus Incentive Plan at a stated price of $0.00 per share.