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.
PROG Holdings is asking shareholders to approve four key items at its 2026 annual meeting, including electing ten directors, an advisory vote on executive compensation, ratifying Ernst & Young LLP as auditor, and expanding its 2015 Equity and Incentive Plan share pool to 13,298,000 shares.
The company highlights its shift from a single-product, lease-to-own model toward a multi-product ecosystem spanning Progressive Leasing, Four BNPL, MoneyApp cash advances and the newly acquired Purchasing Power payroll-deduction platform. In 2025, revenue from continuing operations was $2.4 billion, GMV rose 12.1% to $2.5 billion, and Adjusted EBITDA was $269 million, while net earnings from continuing operations were $146.8 million, down from $197.3 million.
Four’s GMV grew 144.2% to $736.5 million, Progressive Leasing’s GMV declined 8.6%, and the company returned $72.5 million to shareholders in 2025 through repurchasing about 4.5% of outstanding shares and paying quarterly dividends. Since late 2020 it has repurchased approximately 44.8% of its outstanding shares for $1.12 billion, which it believes offsets dilution from additional equity awards.
PROG Holdings updated its 2026 outlook to reflect ASC 606 revenue recognition for its recently acquired Purchasing Power business. Travel and Service revenue there will be reported net of certain direct costs, cutting Purchasing Power’s 2026 revenue guidance by about $70 million at both ends of its range.
The company now expects total 2026 revenues from continuing operations of $2.95–$3.07 billion and Purchasing Power revenues of $610–$660 million, while still targeting low double‑digit Purchasing Power growth. Management reaffirmed that these changes are largely presentation‑driven and are not expected to materially affect gross margin, earnings before taxes, adjusted EBITDA, or the broader 2026 financial outlook, including adjusted EBITDA of $320–$350 million and non‑GAAP EPS of $4.00–$4.45.
PROG Holdings, Inc. President and CEO Steven A. Michaels disposed of 41,759 shares of common stock on March 6, 2026 to satisfy a tax liability related to vesting restricted stock units, at $33.26 per share. Following this tax-withholding transaction, he directly holds 635,288 shares and indirectly holds 10,000 shares through his spouse.
PROG Holdings, Inc. Chief Financial Officer Brian Garner reported a Form 4 transaction involving company common stock. On March 6, 2026, 13,418 shares were disposed of at $33.26 per share as a tax-withholding disposition tied to the vesting of restricted stock units. After this tax-related share delivery/withholding, Garner directly owned 143,828 shares of PROG Holdings common stock.
PROG Holdings, Inc. principal accounting officer and VP of financial reporting George M. Sewell reported a tax-related share disposition tied to equity compensation. On March 6, 2026, 965 shares of common stock were withheld at $33.26 per share to cover a tax liability upon vesting of restricted stock units, rather than sold in an open-market trade. After this withholding, Sewell directly owned 30,385 common shares, with an additional 177 shares held indirectly through a 401(k) plan.
PROG Holdings, Inc. insider Michael Todd King, the company’s Chief Legal and Compliance Officer, reported a disposition of 5,067 shares of common stock at $33.26 per share. According to the filing, these shares were delivered or withheld to pay tax liabilities tied to restricted stock units vesting on March 6, 2026.
After this tax-withholding transaction, King directly owned 62,825 shares of PROG Holdings common stock.
PROG Holdings, Inc. director Curtis Linn Doman reported a tax-withholding share disposition related to vesting restricted stock units. On March 6, 2026, 491 shares of common stock were withheld at $33.26 per share to satisfy a tax liability. After this transaction, he directly owned 27,621 common shares and indirectly owned 174,524 common shares through an LLC.
PROG Holdings, Inc. President and CEO Steven A. Michaels reported tax-related share dispositions tied to restricted stock unit vesting. On March 2, he delivered or had withheld 21,545 shares of common stock at $33.56 per share to cover tax liabilities. On February 27, he delivered or had withheld 24,826 shares at $35.21 per share for the same purpose. After these transactions, he directly holds 677,047 common shares and indirectly holds 10,000 shares through his spouse.
PROG Holdings, Inc. Chief Financial Officer Brian Garner reported two tax-withholding dispositions of common stock tied to restricted stock unit vesting. On February 27, 2026, 7,609 shares were withheld at $35.21 per share, and on March 2, 2026, 5,983 shares were withheld at $33.56 per share.
Both transactions were coded as payments of tax liabilities by delivering or withholding securities. After these dispositions, Garner directly held 157,246 shares of PROG Holdings common stock.
PROG Holdings, Inc. principal accounting officer and VP of financial reporting George M. Sewell reported tax-related share withholdings tied to restricted stock unit vesting. On February 27, 2026, 1,074 shares of common stock were withheld at $35.21 per share to cover taxes.
On March 2, 2026, an additional 752 shares were withheld at $33.56 per share for the same purpose. After these non-market transactions, Sewell directly holds 31,350 common shares and indirectly holds 177 shares through a 401(k) plan.