Sewell George M 4

What Happened

• George M. Sewell, Principal Accounting Officer and Vice President, Finance of PROG Holdings (PRG), was granted two stock awards on February 24, 2026: 12,751 performance shares reported at $0.00 and 2,360 restricted shares acquired at $37.08 each (total value reported of $87,509). These were awards/grants (code A), not open-market purchases or sales.

Key Details

• Transaction date: February 24, 2026. Filing date: February 26, 2026 (timely).
• Awards: 12,751 performance shares @ $0.00; 2,360 restricted shares @ $37.08 (total reported value $87,509).
• Vesting: The 12,751 performance shares were granted in Feb 2025 and were determined earned by the Compensation Committee on Feb 24, 2026; they are expected to vest in three equal increments on March 2, 2026, 2027 and 2028 (F3). The 2,360 restricted shares are expected to vest in three equal increments on March 2, 2027, 2028 and 2029 (F1).
• Shares owned after transaction: the filing excerpt provided does not state a total post-transaction balance; it notes the reported number includes 626 shares purchased through the company’s Employee Stock Purchase Plan on June 30, 2025 and December 31, 2025 (F2).
• Transaction code: A = Award/Grant. No sale or open-market purchase reported in this filing.

Context

• These were compensation awards subject to multi-year vesting schedules, not immediate sales or cash purchases—so they do not represent an immediate bullish/open-market buy signal. Performance shares were officially earned by the company’s Compensation Committee, indicating achievement of underlying performance metrics specified in the original grant.