PROG director receives 4,953-share RSU equity grant

PROG Holdings director James P. Smith received an equity grant in the form of restricted stock units.

Rhea-AI Filing Summary

PROG Holdings director James P. Smith received an equity grant in the form of restricted stock units. On May 6, 2026 he acquired 4,953 shares of common stock as a grant/award at a reference price of $36.34 per share, increasing his direct holdings to 27,707 shares.

The filing explains these restricted stock units represent the annual RSU grant to non-employee directors and are expected to vest on May 6, 2027. The reported holdings also include shares accumulated through PROG Holdings' dividend reinvestment program for non-employee directors.

Insider Trade Summary

Grant/Award: 4,953 shares

Grant/Award 1 txn

Insider Smith James P.

Role Director

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

Holdings After Transaction: Common Stock — 27,707 shares (Direct)

Footnotes (2)

1. 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.
2. 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 shares Reference price per share: $36.34 per share Shares held after transaction: 27,707 shares +1 more

4 metrics

RSU grant size 4,953 shares Annual RSU grant to non-employee director on May 6, 2026

Reference price per share $36.34 per share Reported transaction price for the RSU award

Shares held after transaction 27,707 shares Total direct holdings following the grant

RSU vesting date May 6, 2027 Expected vesting date for the annual RSU grant

Key Terms

restricted stock units (RSUs), annual RSU grant, dividend reinvestment program

3 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.

annual RSU grant financial

"represent the annual RSU grant made to non-employee directors"

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did PROG Holdings (PRG) director James P. Smith report on this Form 4?

James P. Smith reported receiving 4,953 shares of PROG Holdings common stock as a grant of restricted stock units. This is compensation-related, not an open‑market purchase, and reflects his annual equity award as a non‑employee director.

How many PROG Holdings (PRG) shares does James P. Smith hold after the reported grant?

After the reported grant, James P. Smith directly holds 27,707 shares of PROG Holdings common stock. This total includes the new restricted stock units and shares accumulated through the company’s dividend reinvestment program for non‑employee directors.

When do James P. Smith’s PROG Holdings (PRG) restricted stock units vest?

The restricted stock units granted to James P. Smith are expected to vest on May 6, 2027. Vesting means the units convert into unrestricted shares he fully owns, assuming he satisfies any continued service or related conditions described in the company’s compensation arrangements.

Was the PROG Holdings (PRG) Form 4 transaction a market purchase or sale?

The Form 4 transaction was not an open‑market trade. It records a grant or award acquisition of restricted stock units to non‑employee director James P. Smith as part of his compensation, rather than a voluntary market buy or sell decision.

What price per share is reported for James P. Smith’s PROG Holdings (PRG) RSU grant?

The filing reports a reference price of $36.34 per share for the 4,953 shares underlying the restricted stock unit grant. This figure is an accounting value for the award and does not represent cash paid by Smith in an open‑market transaction.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/08/2026 - 05:37 PM Learn about SEC filing dates

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^*

Smith James P.

(Last) (First) (Middle)

256 WEST DATA DR

(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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/06/2026		A		4,953(1)	A	$36.34	27,707(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

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 James P. Smith	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)