Hernanz Tomas Cruz 4

What Happened

• Tomas Cruz Hernanz, EVP, CFO & Treasurer of Encore Capital Group (ECPG), received equity awards on March 9, 2026: 8,065 restricted stock units (RSUs) and 4,430 performance stock units (PSUs) (acquired at $0.00). On the same date, 4,148 shares were withheld (disposed) to satisfy the tax withholding obligation at $68.19 per share, totaling approximately $282,852. The equity grants are awards (not purchases); the share withholding is a tax-related disposal, not an open-market sale.

Key Details

• Transaction date: March 9, 2026; Form 4 filed March 11, 2026 (timely within the typical 2-business-day window).
• Grants: 8,065 RSUs (acquired $0.00) and 4,430 PSUs (acquired $0.00).
• Withholding (disposal): 4,148 shares withheld at $68.19 each, proceeds/withholding value ≈ $282,852.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes:
  • F1: 8,065 RSUs vest in three annual installments (1/3 each on Mar 9, 2027; Mar 9, 2028; Mar 9, 2029).
  • F2: 4,430 PSUs are performance units granted Mar 9, 2025 for which performance conditions have been met; they vest on Mar 9, 2028.
  • F3: The 4,148-share disposal represents shares withheld to satisfy tax withholding on vesting.
• No 10b5-1 plan or late-filing indication reported in the excerpt.

Context

• These transactions are award grants and routine tax withholding on vesting. Grants (RSUs/PSUs) are not purchases and do not by themselves signal insider buying interest. The withholding action is a common method to cover taxes when restricted or performance units vest.