PROG (PRG) Chief Legal & Compliance Officer Michael Todd King Sells 2,000 Shares

What Happened
Michael Todd King, PROG Holdings' Chief Legal and Compliance Officer, sold a total of 2,000 shares of PROG stock in two open-market dispositions. On 2026-08-04 he sold 930 shares at $46.00 each for $42,780, and on 2026-08-05 he sold 1,070 shares at $46.00 each for $49,220, for combined proceeds of approximately $92,000. These were sales (disposals), not purchases.

Key Details

• Transaction dates and prices: 2026-08-04 — 930 shares @ $46.00; 2026-08-05 — 1,070 shares @ $46.00.
• Total shares sold: 2,000; total proceeds: ~$92,000.
• Shares owned after transaction: not disclosed in the provided filing details.
• No 10b5-1 plan, tax withholding, or other footnotes were indicated in the transaction details supplied.
• Filing date: 2026-08-06 — appears to be filed within the standard Form 4 reporting window (timely).

Context
These were open-market sales (transaction code S). Sales by executives are often routine (e.g., portfolio rebalancing or personal liquidity) and do not by themselves signal a change in company outlook; purchases tend to be more informative about insider confidence.