[Form 4] PROG Holdings, Inc. Insider Trading Activity
PROG Holdings, Inc. Chief Legal and Compliance Officer Michael Todd King reported two tax-withholding stock transactions related to vesting restricted stock units.
Rhea-AI Filing Summary
PROG Holdings, Inc. Chief Legal and Compliance Officer Michael Todd King reported two tax-withholding stock transactions related to vesting restricted stock units. On February 27, 2026, 2,775 shares of common stock were disposed of at $35.21 per share, and on March 2, 2026, 2,663 shares were disposed of at $33.56 per share to cover tax liabilities. After the most recent transaction, he directly owned 67,892 shares of PROG Holdings common stock.
Positive
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Negative
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Insights
These are routine tax-withholding dispositions tied to RSU vesting, not open-market sales.
The transactions by PROG Holdings’ Chief Legal and Compliance Officer involve Form 4 code F, which indicates shares were withheld or delivered to satisfy tax liabilities from restricted stock unit vesting. This is a standard equity compensation mechanism rather than discretionary selling.
On February 27, 2026 and March 2, 2026, 2,775 and 2,663 common shares, respectively, were disposed of at set prices to cover taxes. Following these events, the insider still directly holds 67,892 shares. The information reflects administrative share movements, so the overall impact on an investment view is limited.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,663 | $33.56 | $89K |
| Exercise Price or Tax Liability | Common Stock | 2,775 | $35.21 | $98K |
Footnotes (2)
- F1. Payment of a tax liability by delivering or withholding securities incident to the vesting of restricted stock units on February 27, 2026.
- F2. Payment of a tax liability by delivering or withholding securities incident to the vesting of restricted stock units on March 2, 2026.
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