PRA GROUP INC·4

Jun 18, 6:41 PM ET

Butler Adrian M 4

Research Summary

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PRA Group (PRAA) Director Adrian M. Butler Receives RSU Award

What Happened

  • Adrian M. Butler, a director of PRA Group, Inc. (PRAA), was granted 10,543 restricted stock units (RSUs) on June 16, 2026. The grant price was $0.00 (no cash exchanged at grant), so the reported acquisition value at grant is $0. This is an award/retainer grant rather than an open-market purchase or sale.

Key Details

  • Transaction date: 2026-06-16; Form 4 filed: 2026-06-18 (filed two days after the grant, generally within the SEC's 2-business-day window).
  • Grant price: $0.00 per RSU; total reported acquisition value at grant: $0.
  • Shares granted: 10,543 RSUs.
  • Shares owned after transaction: Not reported in this filing.
  • Footnote: Grant is the annual director retainer awarded as RSUs under the Issuer’s 2022 Omnibus Incentive Plan. The RSUs vest fully on June 16, 2027, or at the next Annual Meeting (whichever is earlier), provided the director remains in service.

Context

  • RSUs are a form of deferred compensation: they convert to shares only upon vesting and do not represent immediate market exposure. Director retainer RSUs are a common non-cash compensation practice and do not by themselves indicate buying or selling sentiment.