Asch Andrew Eric 4
Research Summary
AI-generated summary
Encore Capital (ECPG) SVP Andrew Asch Receives Awards; Shares Withheld
What Happened
- Andrew Eric Asch, SVP and General Counsel of Encore Capital Group (ECPG), received equity awards on March 9, 2026 and had shares withheld to cover taxes. The filing shows three award-type acquisitions (5,682; 1,945; and 2,914 shares) reported at $0.00 and a disposal of 4,068 shares withheld at $68.19 each for $277,397.
Key Details
- Transaction date: March 9, 2026; Form 4 filed March 11, 2026 (timely).
- Awards: 5,682 RSUs (granted 3/9/2026) and two performance-related awards: 1,945 shares issued in connection with vested performance stock units, and 2,914 performance stock units reported (performance conditions satisfied; vesting scheduled 3/9/2028).
- Tax withholding/disposal: 4,068 shares surrendered/withheld to pay tax liability at $68.19/share, total proceeds (value of withheld shares) ~$277,397 (footnote F4).
- Vesting schedule (RSUs): the 5,682 RSUs vest in equal annual installments on March 9, 2027, 2028 and 2029 (footnote F1).
- Shares owned after the transactions: not specified in the reported items.
Context
- These entries are awards/vesting events rather than open-market buys or voluntary sales. The disposal is a routine tax-withholding action (not an open-market sale), common when restricted or performance shares vest. No 10b5-1 plan or late filing is indicated.