PRA Group (PRAA) director receives 10,543-share RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Butler Adrian M reported acquisition or exercise transactions in this Form 4 filing.
PRA Group director Adrian M. Butler received an equity grant as part of his board compensation. He was awarded 10,543 shares of Common Stock in the form of restricted stock units at a price of $0.00 per share.
Following this grant, Butler holds 24,657 shares directly. The RSUs were granted under PRA Group’s 2022 Omnibus Incentive Plan and will fully vest on June 16, 2027, or on the date of the next Annual Meeting, whichever comes earlier, provided he remains a director on the vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Butler Adrian M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,543 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 24,657 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 10,543 shares
Price per share for grant: $0.00 per share
Total shares after transaction: 24,657 shares
+1 more
4 metrics
RSU grant size
10,543 shares
Director retainer grant of restricted stock units
Price per share for grant
$0.00 per share
Equity grant issued as compensation, not a purchase
Total shares after transaction
24,657 shares
Adrian M. Butler’s direct PRA Group holdings following grant
Vesting date
June 16, 2027
RSUs vest fully on this date or earlier at next Annual Meeting
Key Terms
restricted stock units ("RSUs"), 2022 Omnibus Incentive Plan, director retainer grant, Annual Meeting
4 terms
restricted stock units ("RSUs") financial
"Director retainer grant awarded annually in the form of restricted stock units ("RSUs") pursuant"
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) pursuant to the Issuer's 2022 Omnibus Incentive Plan. The RSUs will vest fully"
director retainer grant financial
"Director retainer grant awarded annually in the form of restricted stock units"
Annual Meeting financial
"will vest fully on June 16, 2027, or the next Annual Meeting date, whichever comes earlier"
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.