MONACO MICHAEL P 4

What Happened
Michael P. Monaco, a member of Encore Capital Group's Board of Directors, was granted 2,144 deferred stock units (DSUs) on 2026-06-22 at a per-share valuation of $83.95, totaling $179,989. This transaction is recorded as an award/grant (code A) rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-22; Form 4 filed 2026-06-23 (appears timely).
• Award: 2,144 deferred stock units @ $83.95 per share; total value $179,989.
• Shares owned after transaction: not specified in the provided filing.
• Footnote: DSUs were granted under the non-employee director deferred compensation plan (2017 Incentive Award Plan). DSUs convert one-for-one into common shares upon distribution, and shares will be distributed within 10 business days after the reporting person is no longer a board member.
• Transaction code: A (award/grant); no 10b5-1 or tax-withholding details disclosed.

Context
These DSUs are deferred compensation for board service and will convert to actual shares only upon distribution (after Monaco leaves the board), so this is not an immediate cash purchase or sale. Grants to directors are routine compensation and do not by themselves indicate immediate insider buying or selling sentiment.