PROG Holdings (NYSE: PRG) CAO sells 2,000 shares at $45.53
Rhea-AI Filing Summary
PROG Holdings, Inc. reports that officer George M. Sewell, CAO and SVP Financial Reporting, sold 2,000 shares of Common Stock on August 5, 2026 at $45.53 per share in a sale described as an open market or private transaction. After this sale, he directly owns 28,385 shares. The filing indicates the sale was not made pursuant to a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,000 shares
Net Sell
1 txn
Insider
Sewell George M
Role
CAO, SVP Fin Rep
Sold
2,000 shs ($91K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,000 | $45.53 | $91K |
Holdings After Transaction:
Common Stock — 28,385 shares (Direct)
Key Figures
Shares sold: 2,000 shares
Sale price per share: $45.53
Shares owned after transaction: 28,385 shares
3 metrics
Shares sold
2,000 shares
Common Stock sale on August 5, 2026
Sale price per share
$45.53
Per-share price for the 2,000-share Common Stock sale
Shares owned after transaction
28,385 shares
Direct Common Stock ownership following the reported sale
Key Terms
Rule 10b5-1 trading plan, open market or private transaction, Form 4
3 terms
Rule 10b5-1 trading plan regulatory
"The filing indicates the sale was not made pursuant to a Rule 10b5-1 trading plan."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open market or private transaction financial
"The sale is described as a sale in open market or private transaction."
Form 4 regulatory
"The insider stock sale by the officer is disclosed in a Form 4 filing."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did PROG Holdings (PRG) report for George M. Sewell?
George M. Sewell, CAO and SVP Financial Reporting, sold 2,000 shares of PROG Holdings Common Stock. The sale occurred on August 5, 2026 and is reported as an open market or private transaction on a Form 4 filing.
Was the PROG Holdings (PRG) insider sale under a Rule 10b5-1 trading plan?
The Form 4 indicates the sale was not made pursuant to a Rule 10b5-1 trading plan. The document-level Rule 10b5-1 checkbox is explicitly unchecked, suggesting the transaction was not executed under a pre-arranged trading plan.