PROG Holdings (PRG) insider plans $91,060 sale of 2,000 common shares
Rhea-AI Filing Summary
PROG Holdings, Inc. (PRG) reports a planned sale of 2,000 shares of common stock through Fidelity Brokerage Services LLC on the NYSE, with an aggregate value of $91,060.00. The reporting person lists prior share acquisitions, including 277 shares from an ESPP purchase on 12/31/2024 and restricted stock vestings of 1,242 shares on 03/01/2025 and 481 shares on 03/07/2025.
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Key Figures
Shares planned for sale: 2,000 shares
Aggregate value of planned sale: $91,060.00
ESPP shares acquired: 277 shares
+3 more
6 metrics
Shares planned for sale
2,000 shares
Common stock to be sold through Fidelity Brokerage Services LLC on the NYSE
Aggregate value of planned sale
$91,060.00
Total value of 2,000 shares of common stock covered by the notice
ESPP shares acquired
277 shares
Employee Stock Purchase Plan purchase on 12/31/2024 for cash from issuer
Restricted stock vesting 03/01/2025
1,242 shares
Restricted stock vesting on 03/01/2025 as compensation
Restricted stock vesting 03/07/2025
481 shares
Restricted stock vesting on 03/07/2025 as compensation
Planned sale date
08/05/2026
Date associated with the proposed sale of 2,000 shares
Key Terms
Employee Stock Purchase Plan, Restricted Stock Vesting
2 terms
Employee Stock Purchase Plan financial
"12/31/2024 | ESPP Purchase | Issuer"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Restricted Stock Vesting financial
"03/01/2025 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What amount of PRG common stock is planned to be sold under this notice?
The notice covers a planned sale of 2,000 shares of PROG Holdings (PRG) common stock with an aggregate value of $91,060.00, to be transacted through Fidelity Brokerage Services LLC on the NYSE.
What types of equity awards are associated with the PRG acquisitions in March 2025?
The March 2025 acquisitions of PRG stock relate to restricted stock vesting events, including 1,242 shares vesting on 03/01/2025 and 481 shares vesting on 03/07/2025 as compensation from the issuer.