PROG Holdings (PRG) finance officer has PRG shares withheld for taxes on RSU vest
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PROG Holdings, Inc. principal accounting officer and VP of financial reporting George M. Sewell reported a tax-related share disposition tied to equity compensation. On March 6, 2026, 965 shares of common stock were withheld at $33.26 per share to cover a tax liability upon vesting of restricted stock units, rather than sold in an open-market trade. After this withholding, Sewell directly owned 30,385 common shares, with an additional 177 shares held indirectly through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Sewell George M
Role
Principal Acct Off, VP Fin Rep
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 965 | $33.26 | $32K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 30,385 shares (Direct);
Common Stock — 177 shares (Indirect, By: 401(k) Plan)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did PROG Holdings (PRG) report for George M. Sewell?
PROG Holdings reported a tax-withholding disposition by George M. Sewell. On March 6, 2026, 965 common shares were withheld to satisfy tax obligations from vesting restricted stock units, rather than being sold in a discretionary open-market transaction.
Was the PROG Holdings (PRG) Form 4 transaction an open-market sale by George M. Sewell?
No, the transaction was a tax-withholding disposition, not an open-market sale. The Form 4 identifies code F and explains the shares were delivered or withheld to pay taxes upon the vesting of restricted stock units on March 6, 2026.
What role does George M. Sewell hold at PROG Holdings (PRG) in this Form 4?
George M. Sewell is identified as Principal Accounting Officer and VP Financial Reporting. His position is disclosed in the Form 4, which reports equity-related transactions and resulting ownership in PROG Holdings common stock as of March 6, 2026.