Form 4: PROG Holdings CFO Brian Garner Reports Tax Liability Transaction
SEC Form 4 Filing
Brian Garner, CFO of PROG Holdings, reports a transaction involving the withholding of shares to cover a tax liability related to the vesting of restricted stock on March 1, 2024.
Summary
- On March 5, 2024, Brian Garner, the Chief Financial Officer of PROG Holdings, filed a Form 4 with the SEC.
- The form reports a transaction that occurred on March 1, 2024, where 7,635 shares of common stock were disposed of to cover a tax liability.
- This was done in connection with the vesting of restricted stock.
- The price per share for the transaction was $31.4.
- Following the transaction, Garner directly owns 115,911 shares of PROG Holdings common stock.
Sentiment
Score: 5
Explanation: This is a neutral filing related to standard tax obligations. It doesn't indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax liability payment related to stock vesting.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of transaction: Shares disposed of to cover tax liability related to vesting of restricted stock. |
| 03/05/2024 | Date of Form 4 filing. |
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