Form 4: PROG Holdings Officer George M. Sewell Reports Tax Liability Transaction
SEC Form 4 Filing
George M. Sewell, a Principal Accounting Officer and VP of Financial Reporting at PROG Holdings, Inc., reported a transaction involving the withholding of shares to cover a tax liability related to vesting restricted stock units.
Summary
- On March 7, 2025, George M. Sewell, a Principal Accounting Officer and VP of Financial Reporting at PROG Holdings, Inc., had shares withheld to cover a tax liability.
- A total of 1,277 shares of common stock were disposed of at a price of $28.15 per share to cover this liability.
- Following the transaction, Sewell directly owns 17,439 shares of common stock.
- Sewell also indirectly owns 177 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a standard tax-related transaction and doesn't indicate any significant positive or negative sentiment towards the company.
Industry Context
This is a routine Form 4 filing, which is common for corporate insiders who have transactions in their company's stock. It provides transparency into the trading activities of individuals with access to non-public information.
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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