PROG Holdings (PRG) legal chief sells 2,000 shares at $46
Rhea-AI Filing Summary
PROG Holdings, Inc. reported that Chief Legal and Compliance Officer Michael Todd King sold a total of 2,000 shares of common stock in open‑market or private transactions. He sold 930 shares on August 4, 2026 and 1,070 shares on August 5, 2026, each at $46.00 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,000 shares
Net Sell
2 txns
Insider
King Michael Todd
Role
Chief Legal and Compliance Off
Sold
2,000 shs ($92K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,070 | $46.00 | $49K |
| Sale | Common Stock | 930 | $46.00 | $43K |
Holdings After Transaction:
Common Stock — 60,825 shares (Direct)
Key Figures
Shares sold August 4, 2026: 930 shares
Shares sold August 5, 2026: 1,070 shares
Total shares sold: 2,000 shares
+2 more
5 metrics
Shares sold August 4, 2026
930 shares
Non-derivative common stock sale at $46.00 per share
Shares sold August 5, 2026
1,070 shares
Non-derivative common stock sale at $46.00 per share
Total shares sold
2,000 shares
Aggregate of reported Form 4 sales in August 2026
Sale price per share
$46.00
Per-share price for both reported common stock sales
Number of sale transactions
2
Count of non-derivative common stock sale entries on Form 4
Key Terms
Form 4, non-derivative, open market or private transaction
3 terms
Form 4 regulatory
"reported insider stock transactions on <b>Form 4</b> for August 2026"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
non-derivative financial
"transactions were categorized as sales of <b>non-derivative</b> common stock"
open market or private transaction financial
"Sale in <b>open market or private transaction</b> at $46.00 per share"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider stock transactions did PRG report for Michael Todd King?
PROG Holdings reported that Chief Legal and Compliance Officer Michael Todd King sold 2,000 shares of common stock, split between two transactions on August 4 and 5, 2026, at a price of $46.00 per share in open‑market or private sales.
Were Michael Todd King’s PRG transactions reported as derivative or non-derivative?
Both of Michael Todd King’s reported transactions in PROG Holdings stock are classified as non‑derivative common stock sales. The filing does not list any accompanying option exercises or other derivative security transactions in connection with these August 2026 sales.
Does the PRG Form 4 indicate use of a Rule 10b5-1 trading plan?
The Form 4’s Rule 10b5‑1 checkbox is not marked as affirming plan use, and no footnotes describe a trading plan. The filing therefore does not state that these August 2026 sales occurred under a pre‑arranged Rule 10b5‑1 trading arrangement.