Welcome to our dedicated page for Prog Holdings SEC filings (Ticker: PRG), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The PROG Holdings, Inc. (NYSE: PRG) SEC filings page on Stock Titan provides access to the company’s official regulatory disclosures as filed with the U.S. Securities and Exchange Commission. PROG Holdings is a Georgia-incorporated fintech holding company whose common stock trades on the New York Stock Exchange under the symbol PRG, and its filings offer detailed insight into its business, capital structure, and material events.
For PRG, Form 8-K current reports are especially relevant. Recent 8-K filings describe the entry into and completion of a Unit Purchase Agreement to acquire Purchasing Power’s parent entity, including the $420 million cash consideration, the presence of non-recourse funding debt at the acquired business, and the use of cash on hand and debt financing to fund the transaction. Other 8-Ks outline the sale of the Vive Financial credit card receivables portfolio to a subsidiary of Atlanticus Holdings Corporation, quarterly cash dividend declarations, and the announcement of quarterly financial results.
Filings also detail amendments to PROG Holdings’ credit agreement, such as the incurrence of an incremental term loan, updated interest rate grids, leverage covenants, and provisions permitting receivables and warehouse financing facilities. These documents help investors understand the company’s leverage profile, liquidity tools, and covenant structure.
Over time, users can also review annual reports on Form 10-K and quarterly reports on Form 10-Q (when available) for information on Progressive Leasing, Four Technologies, Build, and other segments, as well as risk factors and accounting policies referenced in earnings releases. Form 4 insider transaction reports, when filed, can shed light on trading activity by directors and executives.
Stock Titan enhances this information by offering AI-powered summaries that explain the key points of lengthy filings, highlight changes in leverage or obligations, and surface important terms in acquisition agreements and credit facilities. Real-time updates from EDGAR ensure that new PRG filings, including 10-Ks, 10-Qs, 8-Ks, and Forms 3 and 4, are quickly available in one place for further analysis.
PROG Holdings director Curtis Linn Doman reported a tax-related share disposition. On February 27, 2026, 3,449 shares of common stock at $35.21 per share were withheld or delivered to satisfy a tax liability tied to vesting restricted stock units. Following this, he directly owned 28,112 common shares and indirectly held 174,524 shares through an LLC.
PROG Holdings, Inc. announced that its Board of Directors has increased the quarterly cash dividend to $0.14 per share of common stock, a 7.7% rise from the prior $0.13 dividend. The dividend will be paid on March 24, 2026 to shareholders of record as of March 12, 2026.
The company describes itself as a fintech holding company for Progressive Leasing, Purchasing Power, Four Technologies, and MoneyApp, offering various consumer-focused payment and financial products.
PROG Holdings, Inc. director and CEO Steven A. Michaels reported several equity compensation transactions. He exercised stock options for 41,796 shares of common stock and received two stock awards of 64,725 restricted shares and 87,111 performance-based shares, all on February 24, 2026. A total of 30,481 shares were withheld to cover the exercise price and tax obligations, and the filing states that no shares were sold on his behalf in connection with these transactions. After these movements, he directly owned 723,418 common shares, with an additional 10,000 shares held indirectly by his spouse.
PROG Holdings, Inc. Chief Financial Officer Brian Garner reported acquiring two grants of common stock. He received a restricted stock award of 15,909 shares at $0.00 per share and an additional 21,706 shares at $37.08 per share as a grant or award.
The restricted stock award is expected to vest in three equal parts on March 2, 2027, 2028 and 2029, subject to the grant agreement. The 21,706 shares relate to performance shares granted in February 2025, which were determined to be earned on February 24, 2026 and are expected to vest in three equal parts on March 2, 2026, 2027 and 2028.
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.
PROG Holdings, Inc. reported that Chief Legal and Compliance Officer Michael Todd King acquired common stock through two equity awards on February 24, 2026. He received a grant of 7,859 shares of restricted stock that is expected to vest in three equal parts on March 2, 2027, 2028 and 2029, subject to his grant agreement. He also acquired 9,655 performance shares, which the compensation committee determined were earned based on performance goals and are expected to vest in three equal parts on March 2, 2026, 2027 and 2028.
PROG Holdings director receives stock award
PROG Holdings, Inc. director Curtis Linn Doman acquired a grant of 4,046 shares of common stock on a grant, award, or other acquisition basis at a stated price of $0.0000 per share. This is structured as a restricted stock award expected to vest in three equal increments on each of March 2, 2027, 2028 and 2029, subject to the grant agreement between the company and Doman.
After this award, he directly holds 31,561 common shares, which include 384 shares purchased through the company’s Employee Stock Purchase Plan on June 30, 2025 and December 31, 2025. He also has indirect beneficial ownership of 174,524 shares through an LLC.
PROG Holdings is a financial technology holding company focused on alternative payment options for near-prime and subprime consumers. Its Progressive Leasing segment provides in-store, app-based, and e-commerce lease-to-own solutions and generated about 96% of consolidated revenue for the year ended December 31, 2025.
The company also operates Four, a buy now, pay later platform, and MoneyApp for interest-free cash advances. In October 2025, PROG sold the loan portfolio of its Vive segment and began winding down that business. On January 2, 2026, it acquired Purchasing Power, which offers payroll-deduction purchasing programs to millions of employees.
Management highlights a unified ecosystem strategy, heavy use of proprietary decisioning algorithms, and significant reliance on large retail partners. Key risks include regulatory scrutiny of subprime and BNPL products, macroeconomic pressure on customers, cybersecurity threats, concentration in a few major POS partners, and compliance costs tied to evolving privacy and consumer protection rules.
PROG Holdings reported fourth-quarter 2025 consolidated revenues from continuing operations of $574.6 million, down 5.2% year over year, with net earnings of $40.5 million and net earnings from continuing operations of $19.9 million.
Adjusted EBITDA from continuing operations was $61.5 million, or 10.7% of revenues, and non-GAAP diluted EPS from continuing operations was $0.74 versus $0.78 a year earlier. Progressive Leasing’s GMV was $534.0 million, down 10.6%, while provision for lease merchandise write-offs improved to 7.6% of revenue.
The company ended 2025 with cash of $308.8 million and gross debt of $600.0 million, and generated $334.9 million in operating cash flow. For full-year 2026, PROG guides revenues from continuing operations of $3.02–$3.14 billion and diluted EPS from continuing operations of $3.34–$3.79, with non-GAAP diluted EPS of $4.00–$4.45.
PROG Holdings completed its previously announced acquisition of P-Squared, LLC on January 2, 2026 through its subsidiary PROG Beach, LLC. The purchaser paid approximately $420 million in cash, subject to customary adjustments, and the acquired business retains about $330 million of non-recourse funding debt under securitization and warehouse facilities.
To finance the deal and related costs, the company amended its existing credit agreement to add a $125 million incremental term loan, alongside $135 million of revolving borrowings and cash on hand. The new term loan shares guarantees and collateral with the revolver and matures on November 15, 2029. The amendment also updates interest-rate grids and commitment fees based on total net leverage, relaxes the maximum total net leverage ratio to 3.25x in fiscal 2026, and introduces a new $150 million restricted payment basket while permitting certain receivables and warehouse financings.
The acquisition gives PROG Holdings control of the seller’s voluntary employee benefit program, which lets workers purchase brand-name products and services through payroll deductions without credit checks. Required financial statements and pro forma financial information for the acquired business will be filed by amendment within 71 days.