Sehgal Rakesh 4

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.