PRAA.NASDAQPra Group INC

4/A: PRA Group Director Geir Olsen Amends Filing to Reflect Stock Purchase

Sentiment:

SEC Filing


Geir Olsen, a director at PRA Group Inc, amended a previous filing to reflect a purchase of 18,230 shares of common stock at a weighted average price of $13.59 on May 7, 2025.

Summary

  • This is an amended SEC Form 4 filing by Geir Olsen, a director of PRA Group Inc (PRAA).
  • The amendment relates to a transaction that occurred on May 7, 2025.
  • Olsen purchased 18,230 shares of PRAA common stock at a weighted average price of $13.59.
  • The shares were purchased in multiple transactions with prices ranging from $13.36 to $13.77.
  • Following the reported transaction, Olsen beneficially owns 43,933 shares indirectly through Andenes Investments SL.
  • Olsen also disposed of 12,512 shares.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a standard regulatory filing reflecting a director's stock purchase. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track confidence levels and potential alignment of interests.

Stakeholder Impact

  • The stock purchase by a director could be viewed positively by shareholders as it signals confidence in the company's future.

Key Dates

DateDescription
05/07/2025Date of stock purchase transaction
05/09/2025Date of original filing
05/09/2025Date of amended filing

Keywords

Form 4, PRA Group, PRAA, Director, Geir Olsen, Stock Purchase, Beneficial Ownership, SEC Filing

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.