Director at PROG Holdings (NYSE: PRG) receives 4,953 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mielke Daniela reported acquisition or exercise transactions in this Form 4 filing.
PROG Holdings director Daniela Mielke received an equity award of 4,953 shares of Common Stock on May 6, 2026, as a grant or award. The filing notes these are restricted stock units (RSUs) representing the annual RSU grant to non-employee directors.
The RSUs are expected to vest on May 6, 2027. After this award, Mielke directly holds a total of 13,682 shares of PROG Holdings common stock, including shares received through the company’s dividend reinvestment program for non-employee directors.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mielke Daniela
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,953 | $36.34 | $180K |
Holdings After Transaction:
Common Stock — 13,682 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 shares
Reported grant price: $36.34 per share
Holdings after transaction: 13,682 shares
+1 more
4 metrics
RSU grant size
4,953 shares
Restricted stock units granted on May 6, 2026
Reported grant price
$36.34 per share
Value used for the RSU award reporting
Holdings after transaction
13,682 shares
Total Common Stock directly held after RSU grant
RSU vesting date
May 6, 2027
Expected vesting date for annual non-employee director RSU grant
Key Terms
restricted stock units (RSUs), annual RSU grant, dividend reinvestment program, non-employee directors
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.
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.
non-employee directors financial
"annual RSU grant made to non-employee directors"
FAQ
What insider transaction did PROG Holdings (PRG) report for Daniela Mielke?
PROG Holdings reported that director Daniela Mielke received a grant of 4,953 shares of Common Stock as restricted stock units. The award is categorized as a grant or other acquisition and increased her direct holdings to 13,682 shares after the transaction, according to the Form 4 filing.
When do Daniela Mielke’s new PROG Holdings (PRG) RSUs vest?
The restricted stock units granted to Daniela Mielke are expected to vest on May 6, 2027. This vesting schedule applies to the annual RSU grant made to non-employee directors, as described in the Form 4 footnotes for PROG Holdings’ reported insider equity award.
Is Daniela Mielke’s PROG Holdings (PRG) Form 4 transaction a market purchase or sale?
The transaction is reported as a grant or award acquisition, not an open-market purchase or sale. It represents the annual restricted stock unit grant to a non-employee director, increasing her equity-based compensation position in PROG Holdings without indicating a discretionary market trade.