Sehgal Rakesh 4
4 · PRA GROUP INC · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
PRA Group (PRAA) CFO Rakesh Sehgal Receives RSU Awards; Shares Withheld
What Happened
- Rakesh Sehgal, Chief Financial Officer of PRA Group (PRAA), received restricted stock unit (RSU) awards on March 9, 2026 totaling 37,193 shares (grants reported at $0.00).
- To satisfy tax withholding on the vesting awards, 11,765 shares were withheld/disposed at $18.15 per share, generating approximately $213,536 in proceeds (reported as tax withholding dispositions).
- These were grants/awards (not open‑market purchases or option exercises); awards are typically considered compensation rather than a purchase signal.
Key Details
- Transaction date: March 9, 2026; Form 4 filed March 11, 2026 (timely filing).
- Grants: 30,303 + 1,381 + 5,509 RSUs granted (total 37,193) at $0.00 per share (codes A).
- Tax withholding dispositions: 610, 3,035, 2,185, 5,098 and 837 shares withheld (total 11,765) at $18.15 each, proceeds ≈ $213,536 (codes F).
- Shares owned after the transaction: not specified in the filing.
- Relevant footnotes: F1 = RSUs vest ratably over three years beginning March 9, 2026; F2 = performance shares earned under the 2023–2025 LTIP; F3 = one‑time retention RSUs vesting ratably over two years beginning March 9, 2027; F4/F5 = shares withheld to cover tax liabilities on RSU and performance share vesting.
Context
- RSU grants are compensation and do not necessarily indicate the insider buying stock in the open market. The reported share disposals here are for tax withholding (a common administrative step) rather than a market sale to realize cash.
- Performance shares (per F2) reflect achievement of company targets; the filing shows those shares were earned and subject to withholding.
Insider Transaction Report
Form 4
PRA GROUP INCPRAA
Sehgal Rakesh
Chief Financial Officer
Transactions
- Award
Common Stock
[F1]2026-03-09+30,303→ 85,387 total - Award
Common Stock
[F2]2026-03-09+1,381→ 86,768 total - Award
Common Stock
[F3]2026-03-09+5,509→ 92,277 total - Tax Payment
Common Stock
[F4]2026-03-09$18.15/sh−610$11,072→ 91,667 total - Tax Payment
Common Stock
[F4]2026-03-09$18.15/sh−3,035$55,085→ 88,632 total - Tax Payment
Common Stock
[F4]2026-03-09$18.15/sh−2,185$39,658→ 86,447 total - Tax Payment
Common Stock
[F4]2026-03-09$18.15/sh−5,098$92,529→ 81,349 total - Tax Payment
Common Stock
[F5]2026-03-09$18.15/sh−837$15,192→ 80,512 total
Footnotes (5)
- [F1]Reflects restricted stock units granted pursuant to the terms of the Company's Omnibus Incentive Plan that will vest ratably over a three year period beginning on the anniversary of the grant date, which was March 9, 2026.
- [F2]Represents shares earned upon the satisfaction of certain performance criteria under the Company's 2023-2025 Long-Term Incentive Plan.
- [F3]Represents a one-time retention grant of restricted stock units awarded pursuant to the terms of the Company's Omnibus Incentive Plan that will vest ratably over a two-year period beginning on March 9, 2027, which is the anniversary of the grant date.
- [F4]Shares withheld to cover tax liability associated with the vesting of restricted stock units.
- [F5]Shares withheld to cover tax liability associated with the vesting of the performance share units referenced in Footnote 2.
Signature
/s/ Christina Branch, Attorney-In-Fact|2026-03-11