PROG Holdings, Inc. filings document regulatory disclosures for a NYSE-listed fintech holding company with common stock trading under PRG. Recent Form 8-K reports cover operating results, financial condition, dividends, outlook updates, investor presentations, material-event disclosures, board leadership changes, executive compensation arrangements and capital-structure matters tied to the company’s payment-products platform.
The company’s proxy materials disclose governance practices, director elections, shareholder voting matters, executive compensation and equity-award information. Filings also identify the company’s operating businesses, including Progressive Leasing, Four Technologies, MoneyApp and Purchasing Power, and provide formal records for recurring disclosure areas such as subsidiary activity, revenue recognition, leverage, shareholder returns and corporate governance.
PRG filed a Form 144 indicating a proposed sale of 930 shares of common stock through Fidelity Brokerage Services LLC on the NYSE, with an aggregate market value of $42,780.00 and an expected sale date of 08/04/2026. The filing also lists prior acquisitions of common stock through restricted stock vesting awards used as compensation, including 778 shares vesting on 03/07/2022 and 152 shares vesting on 11/01/2023.
Vanguard Capital Management, together with certain affiliated Vanguard entities, reports beneficial ownership of 2,003,701 shares of PROG Holdings Inc common stock on a Schedule 13G. This represents 5% of the class as of June 30, 2026.
The filing states Vanguard Capital Management has sole voting power over 298,872 shares and sole dispositive power over 2,003,701 shares, with no shared voting or dispositive power. The reported holdings include securities held by Vanguard funds and other managed accounts over which these entities exercise voting and/or dispositive authority. Vanguard indicates that, although its clients and funds have rights to dividends and sale proceeds, no single other person has an interest in more than 5% of the class through these holdings.
PROG Holdings, Inc., a financial technology holding company with Progressive Leasing, Purchasing Power and Four segments, reported second-quarter 2026 revenues of 719,715 (in thousands), up from 588,503 (in thousands) a year earlier. Net earnings were 37,029 (in thousands), slightly below 38,483 (in thousands), with diluted earnings per share of $0.91. For the first half of 2026, revenues were 1,462,389 (in thousands) and net earnings were 73,083 (in thousands).
On January 2, 2026, the company acquired Purchasing Power for cash consideration of 424,227 (in thousands), adding a new reportable segment. The deal increased goodwill and other intangibles to 459,714 (in thousands) and assets to 2,048,066 (in thousands), while total debt rose to 887,064 (in thousands), including 600,000 (in thousands) of 6.00% senior notes and 293.7 million of consolidated asset‑backed VIE debt. Operating cash flow for the first half was 277,936 (in thousands), with 414,218 (in thousands) used in investing activities, primarily for the acquisition and loan funding. Purchasing Power contributed 237,500 (in thousands) of revenue and a pre‑tax net loss of 7,800 (in thousands) in the first half, while discontinued Vive operations produced a small net loss.
PROG Holdings, Inc. reported second‑quarter 2026 revenue from continuing operations of $719.7 million, up 22.3% year over year, with consolidated gross merchandise volume of $902.0 million, up 60.1%. Net earnings from continuing operations were $37.4 million, while adjusted EBITDA reached $88.4 million (12.3% margin) and non‑GAAP diluted EPS rose to $1.19 from $1.00.
Progressive Leasing delivered modest GMV growth but lower revenue, while Four and Purchasing Power produced triple‑digit and double‑digit GMV gains, respectively. The company ended the quarter with a net leverage ratio of 1.7x, having reduced total debt by $304.9 million since acquiring Purchasing Power, repurchased $10.2 million of stock, and paid a $0.14 dividend. Management raised full‑year 2026 revenue, adjusted EBITDA, and non‑GAAP EPS outlooks and issued Q3 2026 guidance. Separately, director Douglas C. Curling passed away on July 25, 2026, and the Board size was reduced from ten to nine members.
PROG Holdings, Inc. executive Lee A. Wright, President of Purchasing Power, has filed an initial Form 3 reporting his beneficial ownership of common stock. The filing shows direct holdings of 8,091 shares in one entry and 50,000 shares in another entry following the reported positions.
Footnotes explain that Wright received restricted stock units in connection with his appointment as President of Purchasing Power, which are expected to vest on December 3, 2028, and a separate restricted stock award expected to vest in three equal installments on March 2, 2027, 2028, and 2029, subject to grant agreements.
ROBINSON RAY M reported acquisition or exercise transactions in this Form 4 filing.
PROG Holdings, Inc. director Ray M Robinson received a grant of 4,953 shares of Common Stock valued at $36.34 per share as a restricted stock unit (RSU) award. This annual grant for non-employee directors is expected to vest on May 6, 2027. After this award, Robinson directly holds 52,850 shares, which include shares accumulated through the company’s dividend reinvestment program for non-employee directors.
PROG Holdings, Inc. Chairman, President and CEO Steven A. Michaels reported an equity compensation grant on Common Stock. He acquired 137,590 shares at $0.0000 per share in a grant, award, or other acquisition classified as non-derivative. A related footnote explains these restricted stock units are expected to vest in three equal increments on May 6, 2029, May 6, 2030 and May 6, 2031, subject to the grant agreement between the issuer and Michaels. Following the award, he directly owns 772,878 shares of Common Stock and also has indirect ownership of 10,000 shares held by his spouse.
PROG Holdings director James P. Smith received an equity grant in the form of restricted stock units. On May 6, 2026 he acquired 4,953 shares of common stock as a grant/award at a reference price of $36.34 per share, increasing his direct holdings to 27,707 shares.
The filing explains these restricted stock units represent the annual RSU grant to non-employee directors and are expected to vest on May 6, 2027. The reported holdings also include shares accumulated through PROG Holdings' dividend reinvestment program for non-employee directors.
Sheu Caroline Sio-Chin reported acquisition or exercise transactions in this Form 4 filing.
PROG Holdings, Inc. director Caroline Sio-Chin Sheu received a grant of 4,953 restricted stock units of common stock on May 6, 2026, valued at a reference price of $36.34 per share. These RSUs are expected to vest on May 6, 2027, and her direct holdings after the grant total 29,187 shares, which include shares received through the company’s dividend reinvestment program for non-employee directors.
Mielke Daniela reported acquisition or exercise transactions in this Form 4 filing.
PROG Holdings director Daniela Mielke received an equity award of 4,953 shares of Common Stock on May 6, 2026, as a grant or award. The filing notes these are restricted stock units (RSUs) representing the annual RSU grant to non-employee directors.
The RSUs are expected to vest on May 6, 2027. After this award, Mielke directly holds a total of 13,682 shares of PROG Holdings common stock, including shares received through the company’s dividend reinvestment program for non-employee directors.