Form 4: PRA Group General Counsel & CHRO Reports Stock Disposal for Tax Obligations

LaTisha Owens Tarrant, General Counsel & CHRO of PRA Group Inc., disposed of 3,342 shares of common stock on August 15, 2024, to cover tax liabilities associated with vesting restricted stock units.

Summary

• On August 15, 2024, LaTisha Owens Tarrant, the General Counsel & CHRO of PRA Group Inc. (PRAA), disposed of 3,342 shares of common stock.
• The transaction was executed to cover tax liabilities related to the vesting of restricted stock units.
• The shares were disposed of at a price of $22.08 per share.
• Following the transaction, Tarrant directly owns 58,317 shares of PRA Group Inc. common stock.

Sentiment

Score: 6

Explanation: The document is a standard regulatory filing related to stock transactions by an insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This transaction appears to be a standard tax-related stock disposal, which is common when restricted stock units vest.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares to cover tax obligations.

Key Dates