Form 4: PRA Group Officer James Richard Owen Reports Changes in Beneficial Ownership

James Richard Owen, Global Investments Officer of PRA Group Inc, reports changes in beneficial ownership of common stock due to vesting of restricted stock units and performance share units, as well as shares withheld for tax liabilities.

Summary

• On March 7, 2025, James Richard Owen, Global Investments Officer of PRA Group Inc, reported changes in his beneficial ownership of the company's common stock.
• He acquired 25,138 shares of common stock related to restricted stock units granted under the company's Omnibus Incentive Plan, vesting ratably over three years starting March 7, 2025.
• Owen also acquired 519 shares of common stock earned upon meeting certain performance criteria under the 2022-2024 Long-Term Incentive Plan.
• A total of 3,496 shares were withheld to cover tax liabilities associated with the vesting of performance share units and restricted stock units, at a price of $20.13 per share.
• Following these transactions, Owen's directly held beneficial ownership of PRA Group Inc common stock is 63,498 shares.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, indicating standard compensation practices. It doesn't inherently convey positive or negative sentiment.

Positives

• The vesting of restricted stock units and performance share units indicates that the company is meeting its compensation and incentive goals.

Future Outlook

The restricted stock units will continue to vest ratably over a three-year period, suggesting ongoing equity-based compensation for the reporting person.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Key Dates