Form 4: PROG Holdings Director, Curtis Linn Doman, Reports Tax Liability Transaction
SEC Form 4 Filing
Director Curtis Linn Doman reports transaction involving the withholding of shares to cover a tax liability related to vesting restricted stock units.
Summary
- On February 28, 2025, Curtis Linn Doman, a director of PROG Holdings, Inc., had shares withheld to cover a tax liability.
- This was related to the vesting of restricted stock units.
- A total of 3,495 shares of common stock were withheld at a price of $28.37 per share.
- Following the transaction, Doman directly owns 29,110 shares and indirectly owns 174,524 shares through an LLC.
- The reported number of shares includes 173 shares purchased through the Issuer's Employee Stock Purchase Plan on December 31, 2024.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a routine transaction related to tax obligations.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | 173 shares purchased through the Issuer's Employee Stock Purchase Plan |
| 02/28/2025 | Transaction date: Shares withheld for tax liability related to vesting of restricted stock units |
| 03/04/2025 | Date of Form 4 signature |
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