PRA GROUP INC·4

Jun 18, 6:41 PM ET

Olsen Geir 4

Research Summary

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PRA Group (PRAA) Director Geir Olsen Receives RSU Award; 3,223 Shares Withheld

What Happened

  • Geir Olsen, a director of PRA Group, was granted 10,543 restricted stock units (RSUs) on June 16, 2026 (acquired at $0.00). Concurrently, 3,223 shares were withheld/disposed to cover the tax liability at $15.50 per share, reported as $49,957. The RSUs are an award (not a purchase) and the share withholding is a routine tax-related disposition.

Key Details

  • Transaction dates: June 16, 2026; Form 4 filed June 18, 2026 (timely filing).
  • Award: 10,543 RSUs granted, acquisition price $0.00.
  • Tax withholding/disposition: 3,223 shares at $15.50 per share, total reported value $49,957 (code F).
  • Vesting: RSUs vest fully on June 16, 2027 (or the next annual meeting date), provided Olsen remains a director (per footnote).
  • Shares owned after the transaction: not specified in the filing.
  • Notes: The withheld shares reflect tax withholding on RSU vesting (routine); this is an award rather than a market purchase or sale.

Context

  • RSU grants are compensation awards and do not by themselves signal a buy or sell decision; withholding shares to cover taxes is a common, administrative step. No open-market purchases or speculative sales were reported in this filing.