PROS CFO files Form 4: tax sales at $22.96 and $22.94
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PROS Holdings (PRO) EVP and CFO Stefan B. Schulz filed a Form 4 reporting RSU vesting and related tax withholdings. On 10/10/2025, 2,916 shares were acquired upon RSU vesting at a reference price of $22.96. On 10/13/2025, additional RSUs vested for 4,630 and 4,263 shares at a reference price of $22.94. To cover taxes (Code F), 1,330, 2,112, and 1,944 shares were withheld/sold. Following these transactions, Schulz directly owns 297,674 shares of common stock and holds 172,307 RSUs outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary
11,809 shares exercised/converted
Mixed
9 txns
Insider
Schulz Stefan B
Role
EVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,630 | $0.00 | -- |
| Exercise | Restricted Stock Units | 4,263 | $0.00 | -- |
| Exercise | Common Stock | 4,630 | $22.94 | $106K |
| Tax Withholding | Common Stock | 2,112 | $22.94 | $48K |
| Exercise | Common Stock | 4,263 | $22.94 | $98K |
| Tax Withholding | Common Stock | 1,944 | $22.94 | $45K |
| Exercise | Restricted Stock Units | 2,916 | $0.00 | -- |
| Exercise | Common Stock | 2,916 | $22.96 | $67K |
| Tax Withholding | Common Stock | 1,330 | $22.96 | $31K |
Holdings After Transaction:
Restricted Stock Units — 176,570 shares (Direct);
Common Stock — 297,467 shares (Direct)
Footnotes (1)
- The price represents the price of PROS Holdings, Inc. ("PROS") common stock at the close of market on October 10, 2025. The actual vest date occurred on Sunday, October 12, 2025, and therefore the transaction occurred on the first business day thereafter. The price represents the price of PROS common stock at the close of market on October 13, 2025. Each restricted stock unit ("RSU") represents the contingent right to receive one share of PROS common stock. This is the penultimate tranche of an award granted on January 10, 2022, in the amount of 46,656 RSUs. Includes: (i) 2,916 unvested RSUs awarded January 10, 2022 - the award vests at 25% after one year on the anniversary date and the remainder will vest at the rate of 6.25% on the 10th day of the first month of each quarter thereafter; (ii) 27,780 unvested RSUs awarded January 12, 2023 - the award vests at 25% after one year on the anniversary date and the remainder will vest at the rate of 6.25% on the 12th day of the first month of each quarter thereafter; (iii) 42,639 unvested RSUs awarded January 12, 2023 - the award vests at 25% after one year on the anniversary date and the remainder will vest at the rate of 6.25% on the 12th day of the first month of each quarter thereafter; and (iv) 107,865 unvested RSUs awarded January 15, 2025 - the award vests at 25% after one year on the anniversary date and the remainder will vest at the rate of 6.25% on the 15th day of the first month of each quarter thereafter. This is the eighth tranche of an award granted on January 12, 2023, in the amount of 74,074 RSUs. This amount includes everything listed in Footnote 6, but the share count shown in item "(ii)" is changed to 23,150. This is the fourth tranche of an award granted on January 12, 2024, in the amount of 68,220 RSUs. This amount includes everything in Footnote 6, but the shares shown in item "(ii)" is changed to 23,150 and the shares shown in "(iii)" is changed to 38,376.
FAQ
What did PRO (PROS Holdings) disclose in this Form 4?
The EVP and CFO, Stefan B. Schulz, reported RSU vesting and tax-related share sales/withholdings on 10/10/2025 and 10/13/2025.
What were the tax withholding sales reported by PRO's CFO?
Code F transactions covered taxes for 1,330, 2,112, and 1,944 shares at reference prices of $22.96 and $22.94.
How many RSUs does the PRO CFO still hold after these transactions?
He holds 172,307 RSUs outstanding after the reported vesting events.
What do the transaction codes M and F mean in this context?
Code M reflects RSU share delivery on vesting; Code F reflects shares withheld/sold to satisfy taxes.