PRA GROUP INC·4

Jun 18, 6:41 PM ET

Gadhia Jayne-Anne 4

Research Summary

AI-generated summary

Updated

PRA Group (PRAA) Director Jayne-Anne Gadhia Receives RSU Award

What Happened

  • Jayne-Anne Gadhia, a director of PRA Group, was granted 10,543 restricted stock units (RSUs) on 2026-06-16 (award price $0.00).
  • To cover the tax liability on the RSU vesting, 3,223 shares were withheld/disposed at $15.50 per share, totaling $49,957. This withholding is a routine tax-payment action rather than an open-market sale.

Key Details

  • Transaction date: 2026-06-16; Filing date: 2026-06-18 (timely filing).
  • Award: 10,543 RSUs granted (reported at $0.00 acquisition price).
  • Tax withholding/disposition: 3,223 shares at $15.50 each, total $49,957. (Transaction code F = tax withholding.)
  • Vesting: RSUs vest fully on June 16, 2027 (or the next Annual Meeting), provided the director remains in office (per footnote).
  • Shares owned after transaction: Not specified in the provided filing summary.

Context

  • RSU grants are compensatory awards and do not represent a cash purchase — they typically vest over time and align director pay with shareholder value.
  • The withheld 3,223 shares were used to satisfy tax obligations on the grant (a routine administrative step), not necessarily a discretionary sale signaling sentiment.