Masih Ashish 4

What Happened
Masih Ashish, President & CEO and a director of Encore Capital Group, received equity awards on March 9, 2026 consisting of three grant entries totaling 60,690 shares (restricted stock units and performance stock units). On the same date 25,658 shares were disposed of via withholding to cover the tax liability at $68.19 per share, totaling $1,749,619. The awards include time‑based RSUs and performance stock units (PSUs) tied to performance goals.

Key Details

• Transaction date: March 9, 2026; Form 4 filed March 11, 2026 (appears timely).
• Grants: 31,009 shares + 14,105 shares + 15,576 shares = 60,690 shares awarded (RSUs and PSUs).
• Tax withholding (code F): 25,658 shares withheld at $68.19 = $1,749,619 (this is not an open‑market sale).
• Vesting notes: RSUs vest in annual installments over three years (1/3 on 3/9/2027, 3/9/2028, 3/9/2029). PSUs reported as having satisfied performance conditions (some PSUs were granted 3/9/2025 and vest 3/9/2028).
• Shares owned after transaction: not specified in the provided excerpt.
• Footnote on disposal: withholding was used to pay the tax liability incident to vesting (routine administrative action).

Context: The grants are compensation awards (time‑based RSUs and performance‑based PSUs) rather than open‑market purchases or voluntary sales. The withheld shares to cover taxes are a common administrative step and should not be read as a discretionary sale indicating sentiment.