Form 4: PRA Group Director Geir Olsen Reports Routine Stock Disposition for Tax Obligations

PRA Group Director Geir Olsen reported the disposition of 2,345 shares of common stock at $14.93 per share on June 13, 2025, to cover tax liabilities associated with the vesting of restricted stock units.

Summary

• Geir Olsen, a Director of PRA Group Inc. (PRAA), reported a transaction on June 13, 2025.
• The transaction involved the disposition of 2,345 shares of PRA Group Common Stock.
• The shares were disposed of at a price of $14.93 per share.
• The purpose of the disposition (Transaction Code 'F') was to cover the tax liability associated with the vesting of restricted stock units.
• Following this transaction, Geir Olsen directly beneficially owns 10,167 shares of Common Stock.
• Additionally, Geir Olsen indirectly beneficially owns 43,933 shares of Common Stock through Andenes Investments SL.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary sale for tax purposes following the vesting of restricted stock units, which is a neutral event in terms of company performance or insider sentiment.

Positives

• The transaction stems from the vesting of restricted stock units, indicating the realization of compensation for Director Geir Olsen.

Negatives

• The disposition of shares was non-discretionary, solely for the purpose of covering tax liabilities, and does not reflect a change in investment sentiment.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Minimal impact on shareholders as this is a routine, non-discretionary transaction for tax purposes and does not signal a change in company fundamentals or insider confidence.

Key Dates

Keywords

PRA Group, PRAA, Geir Olsen, SEC Form 4, Insider Transaction, Stock Disposition, Restricted Stock Units, Tax Withholding, Director Transaction