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.
Martinez Ramon Michael reported acquisition or exercise transactions in this Form 4 filing.
PROG Holdings, Inc. director Ramon Michael Martinez received a grant of 4,953 shares of common stock in the form of restricted stock units. The RSUs represent his annual grant as a non-employee director and are expected to vest on May 6, 2027. Following this award, he holds a total of 27,537 common shares directly, a figure that also reflects shares accumulated through the company’s dividend reinvestment program for non-employee directors. This is a compensation-related equity grant rather than an open-market stock purchase.
JULIAN ROBERT K. reported acquisition or exercise transactions in this Form 4 filing.
PROG Holdings, Inc. director Robert K. Julian received a grant of 4,953 shares of Common Stock as a restricted stock unit (RSU) award valued at $36.34 per share on May 6, 2026. These RSUs represent his annual grant as a non-employee director and are expected to vest on May 6, 2027. After this award, he holds 13,682 shares directly, which includes shares received through the company’s dividend reinvestment program for non-employee directors.
DAY CYNTHIA N reported acquisition or exercise transactions in this Form 4 filing.
PROG Holdings, Inc. director Cynthia N. Day received an equity award tied to the company’s common stock. She was granted 4,953 restricted stock units valued at $36.34 per share as part of the annual RSU grant for non-employee directors, which are expected to vest on May 6, 2027. Following this award, she directly holds 49,625 shares of common stock, including shares received through the company’s dividend reinvestment program for non-employee directors.
CURLING DOUGLAS C reported acquisition or exercise transactions in this Form 4 filing.
PROG Holdings director Douglas C. Curling received a grant of 4,953 restricted stock units as his annual equity award for non-employee directors. The RSUs are expected to vest on May 6, 2027. After this grant, he holds 57,183 common shares, including shares received through the company’s dividend reinvestment program.
PROG Holdings, Inc. reported several governance and capital return actions. The Board elected President and CEO Steven A. Michaels as Chairman, while former Chairman Ray M. Robinson became Lead Independent Director. To support long-term retention, the Board granted Mr. Michaels a one-time $5 million restricted stock unit award that vests ratably on the third, fourth and fifth anniversaries of the grant date.
The company also held its 2026 annual meeting, where shareholders elected all director nominees, approved a non-binding resolution on executive compensation, ratified Ernst & Young LLP as independent auditor for 2026, and approved an amendment to the Amended and Restated 2015 Equity and Incentive Plan. As of March 9, 2026, there were 40,058,369 common shares outstanding and entitled to vote, with 36,885,068 shares represented, or 92% of eligible shares.
In a separate action, the Board declared a quarterly cash dividend of $0.14 per share of common stock, payable on June 2, 2026 to shareholders of record as of May 19, 2026.
PROG Holdings Inc ownership filing shows 2,512,510 shares beneficially owned by Vanguard Portfolio Management as of 03/31/2026, representing 6.27% of common stock. The filing reports sole voting power for 43,152 shares and sole dispositive power for 2,512,510 shares. The filing was signed on 04/29/2026 by Vanguard's Head of Global Fund Administration and notes holdings include Vanguard funds and managed accounts.
PROG Holdings, Inc. reports Q1 2026 results and completes a $424.2 million cash acquisition of Purchasing Power. Revenue from continuing operations was $742.7 million versus $668.4 million a year earlier, with net earnings of $36.1 million compared with $34.7 million. Diluted earnings per share from continuing operations were $0.89 versus $0.83. Purchasing Power, now a new segment, contributed $107.1 million of revenue but a $7.5 million net loss in the quarter. Total assets rose to $2.04 billion, driven by acquired receivables and $110.7 million of new goodwill, while total debt increased to $936.1 million, including asset‑backed financing tied to securitized receivables. Cash, cash equivalents and restricted cash ended at $79.5 million.
PROG Holdings reported strong Q1 2026 results and increased its full-year 2026 outlook. Revenue from continuing operations rose 11.1% to $742.7 million, while net earnings from continuing operations reached $36.2 million.
Adjusted EBITDA grew 29.2% to $90.3 million, lifting margin to 12.2% of revenues. Diluted EPS from continuing operations was $0.89, and non-GAAP diluted EPS climbed 37.8% to $1.24. Consolidated GMV rose 54.4% to $805.6 million, helped by the Purchasing Power acquisition and triple-digit growth at Four Technologies.
The company ended the quarter with $69.4 million of cash and $943.7 million of gross debt, and has reduced net recourse debt by $210 million since acquiring Purchasing Power, bringing its net leverage ratio to 2.0x. PROG now guides 2026 revenue to $3.0–$3.1 billion, adjusted EBITDA to $343–$370 million, and non-GAAP EPS to $4.40–$4.80, all higher than previous ranges.
PROG Holdings, Inc. filed an amended report to add full-year 2024 and interim 2025 financial statements for its newly acquired subsidiary P‑Squared, LLC (Purchasing Power) and related unaudited pro forma results for the combined company. These disclosures help show how Purchasing Power’s business fits into PROG’s financial profile.
For 2024, Purchasing Power generated about $543.9 million in total revenue, mainly from product sales, and recorded a net loss of roughly $15.2 million. At year-end 2024 it reported total assets of about $590.7 million, long‑term debt of roughly $497.8 million, and negative member’s equity. The notes state PROG’s subsidiary acquired Purchasing Power on January 2, 2026 for $420 million in cash, and subsequent events describe repayment of several Purchasing Power debt facilities and a new $225 million asset‑backed notes issuance in 2026.
PROG Holdings Inc ownership update: The Vanguard Group reports 0% beneficial ownership of Common Stock, holding 0 shares. The filing explains an internal realignment of Vanguard on January 12, 2026 under SEC Release No. 34-39538, with certain subsidiaries now reporting separately.
The report is signed by Ashley Grim on 03/27/2026 and lists Vanguard's address and its statement that no single other person holds more than 5% of the class.