Form 4: PRA Group Director Scott Tabakin Reports Acquisition of Restricted Stock Units

Director Scott Tabakin reports acquisition of 7,816 restricted stock units (RSUs) of PRA Group Inc. as part of a director retainer grant.

Summary

• On June 13, 2024, Scott M Tabakin, a director of PRA Group Inc., acquired 7,816 shares of common stock in the form of restricted stock units (RSUs).
• These RSUs were granted as part of the director retainer under the Issuer's 2022 Omnibus Incentive Plan.
• The RSUs will vest fully on June 13, 2025, contingent upon Tabakin's continued service as a director.
• Following the transaction, Tabakin directly owns 87,258 shares of PRA Group Inc.
• The transaction was reported on June 17, 2024.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard compensation practices and aligns director interests with shareholders.

Positives

• The grant of RSUs aligns the director's interests with those of the shareholders, incentivizing continued service and performance.

Future Outlook

The director's holdings will increase upon vesting of the RSUs in June 2025, assuming continued service as a director.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies to align the interests of directors and management with shareholders.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders by aligning director interests with company performance.

Key Dates