PRA Group (PRAA) CFO receives 37,193-share equity grant and tax withholding

Rhea-AI Filing Summary

PRA Group Inc. Chief Financial Officer Rakesh Sehgal received equity awards of 37,193 shares of common stock on March 9, 2026. The awards consist of restricted stock units and performance-based shares granted under the company’s Omnibus Incentive Plan and 2023-2025 Long-Term Incentive Plan.

One grant will vest ratably over three years beginning on the first anniversary of the grant date, while a separate one-time retention grant will vest ratably over two years beginning on March 9, 2027. The filing also shows 11,765 shares were withheld at $18.15 per share to cover tax liabilities tied to these vestings.

Following these compensation-related transactions, Sehgal directly holds 80,512 shares of PRA Group common stock.

Insights

Equity Compensation Analyst

CFO Sehgal received routine stock-based compensation grants, with shares withheld only for taxes.

The transactions show PRA Group awarding its CFO 37,193 shares of common stock via restricted stock units, performance-based shares, and a one-time retention grant. These come through established plans, including the 2023-2025 Long-Term Incentive Plan.

Five separate F-code entries totaling 11,765 shares at $18.15 per share were withheld to satisfy tax obligations on vesting, not sold in the open market. After these moves, Sehgal directly holds 80,512 shares, indicating the net result is an increased equity stake rather than a discretionary sale.

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^*

Sehgal Rakesh

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026

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	03/09/2026	03/09/2026	A		30,303(1)	A	$0	85,387	D
Common Stock	03/09/2026	03/09/2026	A		1,381(2)	A	$0	86,768	D
Common Stock	03/09/2026	03/09/2026	A		5,509(3)	A	$0	92,277	D
Common Stock	03/09/2026	03/09/2026	F		610(4)	D	$18.15	91,667	D
Common Stock	03/09/2026	03/09/2026	F		3,035(4)	D	$18.15	88,632	D
Common Stock	03/09/2026	03/09/2026	F		2,185(4)	D	$18.15	86,447	D
Common Stock	03/09/2026	03/09/2026	F		5,098(4)	D	$18.15	81,349	D
Common Stock	03/09/2026	03/09/2026	F		837(5)	D	$18.15	80,512	D

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. Reflects restricted stock units granted pursuant to the terms of the Company's Omnibus Incentive Plan that will vest ratably over a three year period beginning on the anniversary of the grant date, which was March 9, 2026.

2. Represents shares earned upon the satisfaction of certain performance criteria under the Company's 2023-2025 Long-Term Incentive Plan.

3. Represents a one-time retention grant of restricted stock units awarded pursuant to the terms of the Company's Omnibus Incentive Plan that will vest ratably over a two-year period beginning on March 9, 2027, which is the anniversary of the grant date.

4. Shares withheld to cover tax liability associated with the vesting of restricted stock units.

5. Shares withheld to cover tax liability associated with the vesting of the performance share units referenced in Footnote 2.

Remarks:

	/s/ Christina Branch, Attorney-In-Fact	03/11/2026
	** 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 did PRAA CFO Rakesh Sehgal report in this Form 4 filing?

Rakesh Sehgal reported receiving stock-based compensation and related tax withholdings. He was granted 37,193 PRA Group common shares through restricted and performance-based awards, while 11,765 shares were withheld to cover taxes associated with vesting, leaving him with 80,512 directly held shares.

How many PRA Group (PRAA) shares were granted to the CFO in this transaction?

The CFO was granted 37,193 PRA Group common shares. These include restricted stock units vesting over three years, performance-based shares earned under the 2023-2025 Long-Term Incentive Plan, and a one-time retention RSU grant vesting over two years starting March 9, 2027.

Were any PRAA shares sold by the CFO, or were they only withheld for taxes?

No open-market sales were reported; shares were withheld for taxes. Five F-code transactions totaling 11,765 common shares at $18.15 each covered tax liabilities from RSU and performance share vesting, which is a standard, non-discretionary tax-settlement mechanism.

What is Rakesh Sehgal’s PRAA share ownership after these Form 4 transactions?

After the reported transactions, Rakesh Sehgal directly owns 80,512 PRA Group common shares. This figure reflects the net position following the new equity grants and the 11,765 shares withheld to satisfy tax obligations linked to vesting equity awards.

How do the new PRAA equity awards to the CFO vest over time?

The awards vest over multiple years to encourage long-term alignment. One RSU grant vests ratably over three years starting on the March 9, 2026 grant anniversary, while a separate one-time retention RSU grant vests ratably over two years beginning March 9, 2027.

What compensation plans were used for the PRAA CFO’s new stock grants?

The grants were issued under PRA Group’s Omnibus Incentive Plan and its 2023-2025 Long-Term Incentive Plan. Restricted stock units and performance-based shares are structured to vest over time, linking executive compensation to continued service and achievement of defined performance criteria.