ESPINOSA PABLO LAGOS 4

What Happened
Pablo Lagos Espinosa, a director of EZCORP, was granted an award of 6,641 shares of EZCORP common stock on March 26, 2026. The award is reported at a per-share value of $25.60, for a total reported value of $170,010. This was an awarded grant (transaction code A)—not an open-market purchase—and no cash was paid for the award other than services rendered.

Key Details

• Transaction date: March 26, 2026 (Form 4 filed March 30, 2026; filing appears timely).
• Shares granted: 6,641; per-share value used: $25.60; total reported value: $170,010.
• Shares owned after transaction: Not specified in the filing.
• Vesting: All shares vest the day immediately preceding the company’s 2027 Annual Meeting (but no later than March 31, 2027). (Footnote F1)
• Consideration: No cash paid; $25.60 is the closing market value on March 25, 2026 and the award was granted for services (Footnote F2).
• Transaction code: A = Award/Grant.

Context
Director awards are typically part of compensation and may be subject to vesting and holding requirements; they are different from open-market purchases or insider sales and don’t by themselves indicate buying or selling sentiment. Because these shares vest in 2027, Espinosa’s economic exposure will depend on vesting and any subsequent disclosures (sales, transfers, or additional filings).