Form 4: PROG Holdings Director, Curtis Linn Doman, Reports Tax Liability Transaction
SEC Form 4 Filing
Director Curtis Linn Doman reports a transaction involving the withholding of shares to cover a tax liability related to vesting restricted stock units.
Summary
- On March 7, 2025, Curtis Linn Doman, a director of PROG Holdings, Inc., had shares withheld to cover a tax liability.
- This transaction was related to the vesting of restricted stock units.
- 1,979 shares of common stock were disposed of at a price of $28.15 per share to cover the tax liability.
- Following the transaction, Doman directly owns 27,131 shares and indirectly owns 174,524 shares through an LLC.
Sentiment
Score: 5
Explanation: The document describes a routine transaction related to tax obligations, which is neutral in sentiment.
Industry Context
Form 4 filings are a routine part of compliance for corporate insiders and provide transparency into their transactions in company stock. This transaction is related to tax obligations arising from equity compensation.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine tax-related activity.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Date of transaction: shares withheld for tax liability related to vesting restricted stock units. |
| 03/11/2025 | Date of signature on the Form 4 filing. |
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