8-K
filed June 14, 2023, 7:59 PM ET
ticker PRAA
CIK 0001185348
leadership
confidence high
sentiment neutral
materiality 0.35
PRA Group re-elects former board member Geir Olsen; annual meeting votes approve say-on-pay
PRA GROUP INC
- Geir Olsen re-elected as independent director effective June 15, 2023, term expiring 2024 annual meeting.
- All 10 director nominees elected with at least 33.6M votes for; highest against vote was 2.3M for Steven Fredrickson.
- Ratification of Ernst & Young as auditor approved: 36.6M for, 25.8K against, 7.0K abstain.
- Say-on-pay advisory vote passed with 33.6M for, 2.2M against, 180K abstain.
- Stockholders elected to hold annual say-on-pay votes every year; 33.5M voted for 1-year frequency.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
PRA GROUP INC shareholders approved Ratification of the Appointment of Ernst & Young LLP at the 2023-06-13 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-06-13
Exact text from the filing
Ratification of the Appointment of Ernst & Young LLP. The Company’s stockholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023, based upon the following votes: For Against Abstain 36,595,879 25,832 6,958
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
PRA GROUP INC shareholders approved Advisory Vote on Named Executive Officer Compensation at the 2023-06-13 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-06-13
Exact text from the filing
Advisory Vote on Named Executive Officer Compensation. The Company’s stockholders approved the advisory vote on the compensation of the Company’s named executive officers ("Say-on-Pay") based upon the following votes: For Against Abstain Broker Non-Vote 33,571,580 2,194,453 179,954 682,682
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
PRA GROUP INC shareholders approved Election of Directors at the 2023-06-13 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-06-13
Exact text from the filing
Election of Dire ctors. The Company’s stockholders elected the following nominees to serve as directors until the 2024 Annual Meeting or until their successors are duly elected and qualified based upon the following votes: For Against Abstain Broker Non-Vote Vikram A. Atal 35,239,989 693,036 12,962 682,682 Danielle M. Brown 34,835,700 1,100,084 10,204 682,681 Marjorie M. Connelly 35,765,990 169,794 10,204 682,681 John H. Fain 34,129,619 1,801,645 14,723 682,682 Steven D. Fredrickson 33,621,591 2,312,393 12,003 682,682 James A. Nussle 34,005,881 1,929,602 10,504 682,682 Brett L. Paschke 34,901,192 1,034,291 10,504 682,682 Scott M. Tabakin 33,844,280 2,091,203 10,504 682,682 Peggy P. Turner 35,677,018 258,766 10,204 682,681 Lance L. Weaver 35,679,347 256,037 10,604 682,681
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
PRA GROUP INC shareholders approved Advisory Vote on Frequency of Advisory Votes on Future Executive Compensation at the 2023-06-13 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-06-13
Exact text from the filing
Advisory Vote on Frequency of Advisory Votes on Future Executive Compensation. The Company’s stockholders approved, on an advisory basis, to hold future shareholder votes to approve the compensation of the Company's named executive officers every year. The following sets forth the results of voting with respect to this proposal: 1 Year 2 Years 3 Years Abstain Broker Non-Vote 33,477,910 6,389 2,431,684 30,004 682,682
View on SEC.gov
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