PROG Holdings, Inc.·4

Feb 26, 6:33 PM ET

Doman Curtis Linn 4

Research Summary

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PROG (PRG) Director Doman Linn Receives Restricted Stock Award

What Happened

  • Doman Curtis Linn, a director of PROG Holdings, Inc. (PRG), was granted 4,046 restricted shares on February 24, 2026. The grant is reported at $0.00 per share on the Form 4 (transaction code A — award/grant).
  • The filing reports a $0 total for the acquisition on the Form 4; the economic/taxable value will depend on the company’s fair market value when applicable. The filing also notes the Reporting Person remains an employee of Progressive Leasing.

Key Details

  • Transaction date: 2026-02-24; Form 4 filed: 2026-02-26 (appears timely).
  • Grant: 4,046 restricted shares at $0.00 per share (award/grant, code A).
  • Vesting: Restricted stock is expected to vest in three equal increments on March 2, 2027, March 2, 2028 and March 2, 2029 (Footnote F1).
  • Shares reported include 384 shares purchased through the company’s Employee Stock Purchase Plan on June 30, 2025 and December 31, 2025 (Footnote F2).
  • Remarks: Reporting Person remains an employee of Progressive Leasing.

Context

  • Restricted stock awards are compensation that vests over time and do not represent an immediate cash sale or purchase; they are commonly used to align executives/directors with shareholder interests. This grant is a non-sale award and should be viewed as a compensation-related transaction rather than a straightforward buy/sell signal.