Connelly Marjorie Mary 4
Research Summary
AI-generated summary
PRA Group (PRAA) Director Marjorie Connelly Receives RSU Award
What Happened
- Marjorie Connelly, a director of PRA Group, Inc. (PRAA), received an award of 10,543 restricted stock units (RSUs) on June 16, 2026. The reported acquisition price is $0.00, so no cash changed hands at grant; the reported aggregate value is $0.
Key Details
- Transaction date: 2026-06-16; Form 4 filed: 2026-06-18 (appears timely).
- Grant: 10,543 RSUs recorded at $0.00 per share (aggregate reported value $0).
- Vesting: RSUs vest in full on June 16, 2027, or at the next Annual Meeting if earlier, provided Connelly remains a director on the vesting date (per footnote).
- Shares owned after transaction: not specified in the supplied summary — see the full Form 4 for total holdings.
- No 10b5-1, cashless exercise, tax-withholding, or sale activity noted in this filing.
Context
- RSU grants to directors are a common form of compensation and do not involve an immediate cash purchase or sale; value is realized only if and when the RSUs vest and convert to stock (and then could be subject to sale or withholding).
- This award is a routine director retainer grant under PRA Group’s omnibus incentive plan and should not be interpreted as an immediate market sentiment signal.