---
schema_version: "secwatch.filing_event.v1"
accession: "0001185348-24-000056"
form_type: "8-K"
ticker: "PRAA"
cik: "0001185348"
company_name: "PRA GROUP INC"
filed_at: "2024-12-18T23:59:59+00:00"
generated_at: "2026-05-29T01:56:12.501503+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# PRA Group elects Adrian M. Butler as independent director; approves severance for CFO and GC/CHRO

## Summary
- Adrian M. Butler elected independent director effective Jan 1, 2025; will serve on Risk Committee.
- CFO Rakesh Sehgal and GC/CHRO LaTisha O. Tarrant added to Executive Severance Plan.
- Severance: 1x salary + 1x bonus (1.5x in change of control) plus 12-18 months COBRA.
- CEO, Europe President, and Global Investments Officer remain under prior employment agreements.

## SEC filing metadata
- accession: 0001185348-24-000056
- form_type: 8-K
- ticker: PRAA
- cik: 0001185348
- company_name: PRA GROUP INC
- filed_at: 2024-12-18T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1185348/000118534824000056/0001185348-24-000056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1185348/000118534824000056/praa-20241212.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185348-24-000056
- JSON: https://secwatch.observer/filing/0001185348-24-000056.json
- Plain text: https://secwatch.observer/filing/0001185348-24-000056.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.