Form 4: PRA Group Director Peggy P. Turner Reports Acquisition and Disposal of Common Stock

Director Peggy P. Turner reports acquisition of 7,816 shares and disposal of 22,208 shares of PRA Group Inc. common stock on June 13, 2024.

Summary

• On June 13, 2024, Peggy P. Turner, a director of PRA Group Inc., acquired 7,816 shares of common stock.
• On the same day, Ms. Turner disposed of 22,208 shares of common stock.
• The acquisition was related to a director retainer grant awarded annually in the form of restricted stock units (RSUs) pursuant to the Issuer's 2022 Omnibus Incentive Plan.
• The RSUs will vest fully on June 13, 2025, provided that Ms. Turner is a director of the Issuer on the vesting date.
• Following the reported transactions, Ms. Turner still beneficially owns common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.

Positives

• The director's continued holding of common stock indicates ongoing alignment with shareholder interests.

Future Outlook

The restricted stock units will vest on June 13, 2025, provided the reporting person is still a director.

Industry Context

This filing is a routine disclosure related to director compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

• The transactions may be of interest to shareholders as they provide insight into the director's stake in the company.

Key Dates