ROBINSON RAY M 4

What Happened
Ray M. Robinson, a director of PROG Holdings, was granted 4,953 restricted stock units (RSUs) on May 6, 2026. The grant is reported at a per-share value of $36.34, for a total reported value of $179,992. This was an award/grant (code A), not an open-market purchase or sale.

Key Details

• Transaction date: May 6, 2026; Form 4 filed May 8, 2026 (filed within the typical two-business-day window).
• Grant size and value: 4,953 RSUs × $36.34 = $179,992.
• Vesting: These RSUs are expected to vest on May 6, 2027 (Footnote F1).
• Shares reported include amounts received via the issuer’s dividend reinvestment program for non-employee directors (Footnote F2).
• Shares owned after the transaction: not specified in the filing.
• Transaction code: A = Award/Grant (not a purchase or sale).

Context
RSUs are compensation awards that convert to actual shares only upon vesting and are not an immediate market purchase—so this grant reflects director compensation rather than a direct market signal. This grant was made to a non-employee director as part of the issuer’s annual director RSU program.