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.