Hilzinger Jeffrey Albert 4
Research Summary
AI-generated summary
Encore Capital (ECPG) Director Jeffrey Hilzinger Receives Award
What Happened
Jeffrey Albert Hilzinger, a director of Encore Capital Group, received a grant of 2,144 deferred stock units on June 22, 2026. The units are valued at $83.95 each, for a total reported value of $179,989. This was an award/grant as compensation for board service, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-22; Form 4 filed 2026-06-23 (appears timely).
- Grant type/code: A (award/acquisition) — 2,144 deferred stock units @ $83.95 each = $179,989.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: Units were granted under the non-employee director deferred compensation plan (2017 Incentive Award Plan). Deferred stock units convert into shares of Encore common stock on a one-for-one basis upon distribution. Distribution occurs within 10 business days after the reporting person is no longer a board member.
- No indication of a 10b5-1 plan, tax withholding, or immediate sale in this filing.
Context
This grant is typical director compensation (deferred stock units) and does not reflect an outright cash purchase or sale of existing shares. Deferred units are a form of compensation that becomes actual stock upon distribution, so it does not necessarily signal either bullish or bearish insider trading activity.