TABAKIN SCOTT M 4
Research Summary
AI-generated summary
PRA Group (PRAA) Director Scott M. Tabakin Receives 10,543 RSUs
What Happened
Scott M. Tabakin, a director of PRA Group, Inc. (PRAA), received a grant of 10,543 restricted stock units (RSUs) reported on 2026-06-16. The Form 4 reports the acquisition price as $0.00 (typical for awards); the filing lists the transaction code A (award/grant). This was a compensation award to a director, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-16; Form 4 filed: 2026-06-18 (filed within the normal 2-business-day reporting window).
- Amount: 10,543 RSUs; reported acquisition price: $0.00 (award).
- Shares owned after transaction: not specified in the provided filing details.
- Footnote: Grant is an annual director retainer awarded as RSUs under the Issuer's 2022 Omnibus Incentive Plan; the RSUs vest in full on June 16, 2027 (or at the next Annual Meeting if earlier), provided Tabakin remains a director on the vesting date.
Context
RSU grants to directors are routine compensation and typically convert to shares only upon vesting; they do not represent an immediate cash purchase or sale. Such awards are primarily a retention/compensation mechanism and do not, by themselves, indicate the director’s market view of the company.