PROG (PRG) Director Ramon Martinez Receives RSU Award

What Happened
Ramon Martinez, a member of the board of directors of PROG Holdings, Inc. (PRG), received an award of 4,953 restricted stock units (RSUs) on May 6, 2026. The award was valued at $36.34 per share, for a total grant value of $179,992. This is an annual RSU grant for non-employee directors rather than an open-market purchase or sale.

Key Details

• Transaction type/code: Award (A) — RSU grant dated 2026-05-06.
• Shares awarded: 4,953 RSUs; reported value: $36.34 per share; total value: $179,992.
• Vesting: These RSUs are expected to vest on May 6, 2027 (per footnote).
• Reporting: Filing submitted 2026-05-08 for a 2026-05-06 transaction — appears to be a timely Form 4 filing.
• Footnotes: The reported share count includes shares received through the issuer’s dividend reinvestment program for non-employee directors.
• Shares owned after transaction: Not specified in the filing.

Context
This was an equity award to a non-employee director as part of routine annual compensation; such grants are common and do not by themselves indicate the director’s view on the stock. The RSUs will convert to shares if and when they vest on the stated date.