[Form 3] PROG Holdings, Inc. Initial Statement of Beneficial Ownership
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
PROG Holdings, Inc. executive Lee A. Wright, President of Purchasing Power, has filed an initial Form 3 reporting his beneficial ownership of common stock. The filing shows direct holdings of 8,091 shares in one entry and 50,000 shares in another entry following the reported positions.
Footnotes explain that Wright received restricted stock units in connection with his appointment as President of Purchasing Power, which are expected to vest on December 3, 2028, and a separate restricted stock award expected to vest in three equal installments on March 2, 2027, 2028, and 2029, subject to grant agreements.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Wright Lee A.
Role
President - Purchasing Power
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 50,000 shares (Direct, null)
Footnotes (1)
- Represents restricted stock units (RSUs) granted in connection with the appointment of the Reporting Person to the position of President of Purchasing Power, a subsidiary of the Issuer. These RSUs are expected to vest on December 3, 2028, subject to the grant agreement between the Issuer and the Reporting Person. Restricted stock award is expected to vest in three equal increments on each of March 2, 2027, 2028, and 2029, subject to the grant agreement between the Issuer and the Reporting Person.