CURLING DOUGLAS C 4
Research Summary
AI-generated summary
PROG Director Douglas C. Curling Receives RSU Award
What Happened
- Douglas C. Curling, a member of the board of PROG Holdings, received an award of 4,953 restricted stock units (RSUs) on May 6, 2026. The RSUs were recorded at $36.34 per share, for a total grant value of approximately $179,992. This was an award/grant to a non-employee director (not an open-market purchase or sale).
Key Details
- Transaction date and price: May 6, 2026 — 4,953 RSUs at $36.34 per share (total ≈ $179,992).
- Vesting: These RSUs are expected to vest on May 6, 2027 (footnote).
- Shares owned after transaction: Not disclosed in the provided filing details.
- Footnotes: (1) Grant represents the annual award for non-employee directors and vests 5/6/2027. (2) The reported share count includes shares received through the issuer's dividend reinvestment program for non-employee directors.
- Filing: Form 4 was filed May 8, 2026 (two days after the transaction), which is within the usual two-business-day reporting window.
Context
- This is a standard director compensation grant (RSUs) rather than a market purchase or sale; such awards are routine and primarily part of board pay. RSUs vest in the future and do not represent immediate sale or additional cash into the company.