Tarrant LaTisha Owens 4

What Happened

• LaTisha Owens, General Counsel & CHRO of PRA Group (PRAA), was granted a total of 37,470 shares in the form of restricted stock units/performance share units on March 9, 2026 (three awards at $0 acquisition price). To satisfy tax withholding obligations related to vesting, 10,438 shares were withheld/disposed at $18.15 per share, resulting in about $189,449 in tax withholding proceeds.
• The awards include time‑based restricted stock units and performance share units (see footnotes). The grants themselves were recorded as acquisitions at $0 (typical for RSUs/PSUs); the withheld shares are recorded as dispositions for tax payment.

Key Details

• Transaction date: March 9, 2026; filing date: March 11, 2026 (filed within the normal Form 4 window).
• Grants: 30,303; 1,658; and 5,509 shares — acquisition price $0.00 (RSUs/PSUs).
• Shares withheld (dispositions for tax): 608, 3,055, 1,782, 4,157, and 836 shares at $18.15 each; total withheld = 10,438 shares for ~$189,449.
• Shares owned after the transactions: not disclosed in this Form 4 (not stated in the provided filing extract).
• Footnotes of note:
  • F1: RSUs vest ratably over three years starting March 9, 2026.
  • F2: Performance shares earned under the 2023–2025 Long‑Term Incentive Plan.
  • F3: One‑time retention RSU grant vests ratably over two years beginning March 9, 2027.
  • F4 & F5: Shares withheld to cover tax liabilities on the vesting RSUs and PSUs.

Context

• These transactions reflect equity awards (not open‑market purchases or option exercises). The withheld shares are a routine way to pay taxes when restricted stock or performance awards vest and do not, by themselves, signal a buying or selling decision about the stock.
• For retail investors, award grants show potential future dilution as they vest; withheld shares for taxes are administrative and common among executives.