Form 4: PRA Group CHRO Sells Shares for Tax Obligations
Insider Transaction Report
PRA Group's General Counsel and CHRO, LaTisha Owens Tarrant, disposed of 244 common shares to cover tax liabilities related to restricted stock unit vesting.
Summary
- LaTisha Owens Tarrant, General Counsel & CHRO of PRA Group Inc. (PRAA), reported a transaction on November 15, 2025.
- The transaction involved the disposition of 244 shares of common stock.
- These shares were withheld to cover tax liability associated with the vesting of restricted stock units.
- The disposition occurred at a price of $16.33 per share.
- Following this transaction, Tarrant beneficially owns 78,656 shares of common stock directly.
Sentiment
Score: 5
Explanation: The transaction is a routine tax-related disposition of shares, which is a neutral event and does not indicate positive or negative sentiment towards the company or its stock.
Industry Context
This is a routine insider transaction filing, common for executives receiving equity compensation. It reflects standard tax obligations upon vesting of restricted stock units, rather than a discretionary sale based on market outlook.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney Grant | LaTisha O. Tarrant granted a Power of Attorney to Christen Shuback and Christina T. Branch to prepare, execute, and file SEC Forms 3, 4, and 5 on her behalf. | 2025-09-01 | This streamlines the process for insider transaction reporting, ensuring timely compliance with Section 16(a) of the Exchange Act. |
Stakeholder Impact
- Minimal direct impact on shareholders as this is a routine, non-discretionary transaction for tax purposes, not indicative of a change in investment thesis by the insider.
Key Dates
| Date | Description |
|---|---|
| 2025-09-01 | Effective date of Power of Attorney granted by LaTisha O. Tarrant to file SEC forms. |
| 2025-11-15 | Date of transaction where shares were disposed of for tax liability. |
| 2025-11-18 | Date the Form 4 was signed by the Attorney-In-Fact. |
Keywords
PRA Group, PRAA, Form 4, Insider Trading, Beneficial Ownership, Restricted Stock Units, Tax Withholding, LaTisha Owens Tarrant, General Counsel, CHRO
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