Garner Brian 4
4 · PROG Holdings, Inc. · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
PROG CFO Brian Garner Sells 13,418 Shares for Tax Withholding
What Happened
- Brian Garner, Chief Financial Officer of PROG Holdings, had 13,418 shares disposed/withheld to satisfy a tax obligation arising from the vesting of restricted stock units (RSUs) on March 6, 2026. The shares were recorded at $33.26 each, for a total value of $446,283. This was a tax-withholding disposition (routine), not an open-market investment or directional sale.
Key Details
- Transaction date and price: March 6, 2026 — 13,418 shares at $33.26 each.
- Total value: $446,283 (approx.).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: F1 — Payment of a tax liability by delivering or withholding securities incident to RSU vesting on March 6, 2026.
- Filing timeliness: Report filed on March 9, 2026 (appears timely based on the reported transaction date).
Context
- This was a "sell-to-cover" style tax withholding for RSU vesting (transaction code F), a common administrative action that does not necessarily reflect the insider's view of the company. It differs from an open-market sale or a purchase, and is typically routine following equity awards.
Insider Transaction Report
Form 4
Garner Brian
Chief Financial Officer
Transactions
- Tax Payment
Common Stock
[F1]2026-03-06$33.26/sh−13,418$446,283→ 143,828 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 Brian Garner|2026-03-09