Director Caroline Sheu receives 4,953 RSUs in PROG Holdings (PRG) equity grant

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

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

1 transaction reported

Mixed 1 txn

Insider Sheu Caroline Sio-Chin

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	4,953	$36.34	$180K

Holdings After Transaction: Common Stock — 29,187 shares (Direct, null)

Footnotes (1)

These restricted stock units (RSUs) represent the annual RSU grant made to non-employee directors, and are expected to vest on May 6, 2027. 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"

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Form 4 Insider Transactions: What Each Field Means →

05/08/2026 - 05:36 PM

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^*

Sheu Caroline Sio-Chin

(Last)

(First)

(Middle)

256 WEST DATA DRIVE

(Street)

DRAPER

UTAH

84020

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
PROG Holdings, Inc. [ PRG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/06/2026		A		4,953⁽¹⁾	A	$36.34	29,187⁽²⁾	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. These restricted stock units (RSUs) represent the annual RSU grant made to non-employee directors, and are expected to vest on May 6, 2027.

2. Number of shares reported includes shares received through the Issuer's dividend reinvestment program for non-employee directors.

Remarks:

	/s/ George M. Sewell, by Power of Attorney for Caroline S. Sheu	05/08/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

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.

How many PROG Holdings (PRG) shares does Caroline Sio-Chin Sheu hold after this Form 4 transaction?

After the RSU grant, Caroline Sio-Chin Sheu’s direct holdings total 29,187 shares of PROG Holdings common stock. This figure includes shares she received through the company’s dividend reinvestment program that applies to non-employee directors, as disclosed in the filing footnotes.

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.

How are PROG Holdings (PRG) dividend reinvestment shares reflected for Caroline Sio-Chin Sheu?

The filing notes that the number of shares reported for Caroline Sio-Chin Sheu includes shares received through PROG Holdings’ dividend reinvestment program for non-employee directors. This means her 29,187-share total combines RSU-based equity and shares accumulated via reinvested dividends.