JULIAN ROBERT K. 4
Research Summary
AI-generated summary
PROG (PRG) Director Julian Robert K. Receives RSU Award
What Happened
Julian Robert K., a director of PROG Holdings, Inc. (PRG), was granted 4,953 restricted stock units (RSUs) on 2026-05-06. The grant is reported at a per-share value of $36.34, for a total grant value of $179,992. This is an award/compensation transaction (code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-06 (Period of Report).
- Grant price/value used: $36.34 per share; total value $179,992.
- Shares granted: 4,953 RSUs.
- Vesting: Expected to vest on 2027-05-06 (Footnote F1).
- Includes shares from the issuer’s dividend reinvestment program for non-employee directors (Footnote F2).
- Shares owned after the transaction: not disclosed in this filing.
- Filing date: 2026-05-08 — filed within the typical Form 4 reporting window (timely).
Context
This was an annual RSU grant to a non-employee director as part of director compensation; such awards are routine and reflect compensation rather than an open-market investment decision. RSUs convert into actual shares only upon vesting (here, expected one year after the grant).