Form 4: Encore Capital Director Angela Knight Acquires Shares Through Deferred Stock Unit Grant

Encore Capital Group Director Angela A. Knight has acquired 4,066 shares of common stock through a deferred stock unit grant, increasing her beneficial ownership to 24,331 shares.

Summary

• Angela A. Knight, a Director of Encore Capital Group Inc. (ECPG), acquired 4,066 shares of common stock.
• The transaction occurred on June 13, 2025, at a price of $38.12 per share.
• This acquisition was a grant of deferred stock units for service on the Board of Directors, under a non-employee director deferred compensation plan established under the 2017 Incentive Award Plan.
• The deferred stock units will convert into shares of Encore common stock on a one-for-one basis upon distribution.
• Distribution of shares will occur within 10 business days after Ms. Knight is no longer a member of the Board of Directors.
• Following this transaction, Angela A. Knight beneficially owns 24,331 shares of Encore Capital Group common stock.

Sentiment

Score: 6

Explanation: Slightly positive, as it indicates a director's continued equity stake and alignment with the company, though it's a compensation grant rather than an open market purchase.

Positives

• The acquisition of shares by a director, even through a grant, can signal alignment of interests between management and shareholders.
• The grant is part of a structured compensation plan, indicating a standard practice for director remuneration.

Future Outlook

The deferred stock units will convert into common stock and be distributed within 10 business days after the reporting person ceases to be a member of the Board of Directors.

Industry Context

This filing is a routine insider transaction report (Form 4) detailing a director's compensation in the form of equity, which is a common practice across publicly traded companies to align director interests with shareholder value.

Corporate Governance

Related Party Transactions

• The grant of deferred stock units to Angela A. Knight, a director, constitutes a related party transaction as it involves the company providing compensation to an insider.

Stakeholder Impact

• Shareholders: May view the director's increased equity stake as a positive sign of commitment and alignment with long-term company performance.

Next Steps

• Conversion of deferred stock units into common stock upon the reporting person's departure from the Board of Directors.

Key Dates

Keywords

Encore Capital Group, ECPG, Form 4, Insider Transaction, Director Compensation, Stock Grant, Deferred Stock Units, Beneficial Ownership