PROG director receives 4,953 RSUs at $36.34
Sheu Caroline Sio-Chin reported acquisition or exercise transactions in this Form 4 filing.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Sheu Caroline Sio-Chin reported acquisition or exercise transactions in this Form 4 filing.
PROG Holdings, Inc. director Caroline Sio-Chin Sheu received a grant of 4,953 restricted stock units of common stock on May 6, 2026, valued at a reference price of $36.34 per share. These RSUs are expected to vest on May 6, 2027, and her direct holdings after the grant total 29,187 shares, which include shares received through the company’s dividend reinvestment program for non-employee directors.
Insider Trade Summary
Grant/Award: 4,953 shares
Grant/Award
1 txn
Insider
Sheu Caroline Sio-Chin
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,953 | $36.34 | $180K |
Holdings After Transaction:
Common Stock — 29,187 shares (Direct)
Holdings Before and After:
Common Stock, 24,234 to 29,187 shares (Direct)
Footnotes (2)
- F1. These restricted stock units (RSUs) represent the annual RSU grant made to non-employee directors, and are expected to vest on May 6, 2027.
- F2. Number of shares reported includes shares received through the Issuer's dividend reinvestment program for non-employee directors.
Key Figures
RSU grant size: 4,953 restricted stock units
RSU grant price: $36.34 per share
Total shares after grant: 29,187 shares
+2 more
5 metrics
RSU grant size
4,953 restricted stock units
Annual RSU grant to non-employee director on May 6, 2026
RSU grant price
$36.34 per share
Transaction price per share for reported RSU grant
Total shares after grant
29,187 shares
Direct holdings after RSU grant, including dividend reinvestment shares
RSU vesting date
May 6, 2027
Expected vesting date for the granted restricted stock units
Transaction type
Grant/award acquisition (Code A)
Compensation-related acquisition of RSUs, not open-market trade
Key Terms
restricted stock units (RSUs), dividend reinvestment program, non-employee directors, Grant, award, or other acquisition
4 terms
restricted stock units (RSUs) financial
"These restricted stock units (RSUs) represent the annual RSU grant made to non-employee directors"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
dividend reinvestment program financial
"includes shares received through the Issuer's dividend reinvestment program for non-employee directors"
A dividend reinvestment program lets investors automatically use cash dividends to buy more shares of the same company instead of taking the money as cash. Think of it like an automatic savings plan that turns small payouts into additional ownership, often including fractional shares, which can speed up compound growth and reduce the need for manual buying decisions — a convenience that can boost long-term returns for shareholders.
non-employee directors financial
"represent the annual RSU grant made to non-employee directors"
Non-employee directors are board members who do not work for the company as salaried employees and usually do not hold day-to-day management roles. They act like outside referees or independent coaches, providing oversight, asking tough questions, and protecting shareholders’ interests; investors care because these directors help ensure management is accountable, reduce conflicts of interest, and influence decisions that affect company strategy and long-term value.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PROG Holdings (PRG) report for Caroline Sio-Chin Sheu?
PROG Holdings reported that director Caroline Sio-Chin Sheu received 4,953 restricted stock units of common stock on May 6, 2026. The grant was recorded at a reference price of $36.34 per share as a compensation-related award, not an open-market stock purchase or sale.
When do Caroline Sio-Chin Sheu’s new RSUs in PROG Holdings (PRG) vest?
The 4,953 restricted stock units granted to Caroline Sio-Chin Sheu are expected to vest on May 6, 2027. Vesting means the RSUs convert into common shares for her, provided she meets any applicable service or other conditions described in the company’s plans.
Was Caroline Sio-Chin Sheu’s PROG Holdings (PRG) transaction a market buy or sell?
The filing classifies the transaction as a grant or award acquisition of 4,953 restricted stock units, not an open-market trade. It reflects equity-based compensation for a non-employee director rather than a discretionary purchase or sale of PROG Holdings common stock in the market.
What price is associated with Caroline Sio-Chin Sheu’s RSU grant in PROG Holdings (PRG)?
The RSU grant for 4,953 units is recorded at $36.34 per share as the transaction price per share. This reference price is used for reporting purposes in the Form 4 and does not indicate a separate cash transaction like a traditional stock purchase or sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.
