PROG CFO covers taxes with 13,418 share disposition
PROG Holdings, Inc. Chief Financial Officer Brian Garner reported a Form 4 transaction involving company common stock.
Rhea-AI Filing Summary
PROG Holdings, Inc. Chief Financial Officer Brian Garner reported a Form 4 transaction involving company common stock. On March 6, 2026, 13,418 shares were disposed of at $33.26 per share as a tax-withholding disposition tied to the vesting of restricted stock units. After this tax-related share delivery/withholding, Garner directly owned 143,828 shares of PROG Holdings common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 13,418 shares
Exercise Price or Tax Liability
1 txn
Insider
Garner Brian
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 13,418 | $33.26 | $446K |
Holdings After Transaction:
Common Stock — 143,828 shares (Direct)
Footnotes (1)
- F1. Payment of a tax liability by delivering or withholding securities incident to the vesting of restricted stock units on March 6, 2026.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PROG Holdings (PRG) report for its CFO?
PROG Holdings reported that CFO Brian Garner disposed of 13,418 common shares in a tax-withholding transaction. The shares were delivered or withheld to cover tax liabilities tied to restricted stock units that vested on March 6, 2026, rather than an open-market sale.
Was the PROG (PRG) CFO’s Form 4 transaction an open-market sale?
No. The Form 4 describes the transaction as a tax-withholding disposition coded “F,” tied to restricted stock unit vesting. The footnote states the shares were delivered or withheld to pay a tax liability, distinguishing it from a voluntary open-market share sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.