Form 4: PRA Group CEO Vikram Atal Reports Stock Transactions
SEC Form 4 Filing
Vikram Atal, President and CEO of PRA Group Inc., reports acquisition and disposal of common stock, including shares withheld for tax liability related to vesting restricted stock units.
Summary
- On March 7, 2025, Vikram Atal, the President and CEO of PRA Group Inc., acquired 125,691 shares of common stock at $0.
- On the same day, he disposed of 14,256 shares of common stock at $20.13 to cover tax liability.
- Following these transactions, Atal directly owns 267,060 shares of common stock.
- Atal also indirectly owns 20,000 shares through a trust for his daughters, 15,000 shares through another trust, and 5,000 shares through his wife.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions by an executive. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the trading activities of company executives.
Stakeholder Impact
- The transactions may provide insights to shareholders regarding management's perspective on the company's stock value.
- The vesting of restricted stock units incentivizes the CEO to improve company performance.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Date of stock acquisition and disposal transactions. |
| 03/07/2025 | Grant date of restricted stock units that will vest ratably over three years. |
| 03/11/2025 | Date of signature by Attorney-in-Fact. |
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