PROG’s Sewell granted restricted and performance shares
PROG Holdings, Inc. principal accounting officer and VP of financial reporting George M. Sewell reported stock awards of the company’s common stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
PROG Holdings, Inc. principal accounting officer and VP of financial reporting George M. Sewell reported stock awards of the company’s common stock. On February 24, 2026, he acquired 12,751 shares as a restricted stock award at no cash price, expected to vest in three equal parts on March 2, 2027, March 2, 2028, and March 2, 2029, subject to the grant agreement. He also acquired 2,360 performance-based shares at $37.0800 per share, which the compensation committee determined were earned based on performance goals and are expected to vest in three equal parts on March 2, 2026, March 2, 2027, and March 2, 2028. After these transactions, he directly owned 33,176 shares and indirectly held 177 shares through a 401(k) plan, with reported holdings including 626 shares previously purchased under the employee stock purchase plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,751 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 2,360 | $37.08 | $88K |
| Holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Restricted stock award is expected to vest in three equal increments on each of March 2, 2027, 2028 and 2029, subject to the grant agreement between the Issuer and the Reporting Person.
- F2. Number of shares reported includes 626 shares purchased through the Issuer's Employee Stock Purchase Plan on June 30, 2025 and December 31, 2025.
- F3. On February 24, 2026, the Compensation Committee of the Issuer's Board of Directors determined these performance shares were earned, based on the level of attainment of various performance goals. These shares, which were granted in February 2025, are expected to vest in three equal increments on each of March 2, 2026, 2027 and 2028, subject to the grant agreement between the Issuer and the Reporting Person.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did PROG Holdings (PRG) report for George M. Sewell?
How do the new equity awards for PROG Holdings (PRG) vest over time?
AI-generated analysis. How Rhea-AI works. Not financial advice.