King Michael Todd 4
4 · PROG Holdings, Inc. · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
PROG Holdings (PRG) Chief Legal Officer Michael King Sells 5,067 Shares
What Happened
Michael Todd King, Chief Legal (and Compliance) Officer at PROG Holdings (PRG), had 5,067 shares withheld/disposed to satisfy tax obligations tied to restricted stock unit (RSU) vesting on March 6, 2026. The shares were valued at $33.26 each, for a total of about $168,528. This was a tax-withholding disposition (not a market sale to raise cash).
Key Details
- Transaction date and price: 2026-03-06 — 5,067 shares @ $33.26 per share (total ~$168,528)
- Transaction type/code: F — payment of tax liability by delivering/withholding securities incident to RSU vesting (footnote F1)
- Filing date/accession: Form 4 filed Mar 9, 2026 (filed within the normal reporting window)
- Shares owned after transaction: Not specified in the Form 4
Context
This was a routine tax-withholding event when RSUs vest: the company withholds/delivers shares to cover the insider’s tax bill. Such transactions are common and do not necessarily signal a change in the insider’s view of the company.
Insider Transaction Report
Form 4
King Michael Todd
Chief Legal and Compliance Off
Transactions
- Tax Payment
Common Stock
[F1]2026-03-06$33.26/sh−5,067$168,528→ 62,825 total
Footnotes (1)
- [F1]Payment of a tax liability by delivering or withholding securities incident to the vesting of restricted stock units on March 6, 2026.
Signature
/s/ George M. Sewell, by Power of Attorney for Todd King|2026-03-09