---
schema_version: "secwatch.filing_event.v1"
accession: "0001185348-25-000014"
form_type: "8-K"
ticker: "PRAA"
cik: "0001185348"
company_name: "PRA GROUP INC"
filed_at: "2025-06-24T23:59:59+00:00"
generated_at: "2026-05-18T21:58:13.886042+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# PRA Group appoints CEO Martin Sjolund with $825k salary, $1.8M equity; promotes James to Europe President

## Summary
- Martin Sjolund appointed President and CEO effective June 17, 2025; base salary $825,000, target bonus 125%, $1.8M equity grant (50% PSUs, 50% RSUs vesting over 3 years).
- R. Owen James promoted to President of PRA Group Europe; salary increased 10% to £369,400 (~$469k) plus $100k RSU grant.
- Sjolund appointed to Board immediately, term expiring at 2026 Annual Meeting; no additional compensation for director role.
- All 9 director nominees elected at June 17 annual meeting; Say-on-Pay approved with 28,000,895 for, 3,586,152 against (~88% support).
- Ernst & Young ratified as independent auditor for 2025 with 33,478,097 for, 115,241 against.

## SEC filing metadata
- accession: 0001185348-25-000014
- form_type: 8-K
- ticker: PRAA
- cik: 0001185348
- company_name: PRA GROUP INC
- filed_at: 2025-06-24T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1185348/000118534825000014/0001185348-25-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1185348/000118534825000014/praa-20250617.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185348-25-000014
- JSON: https://secwatch.observer/filing/0001185348-25-000014.json
- Plain text: https://secwatch.observer/filing/0001185348-25-000014.txt

## Key facts
- Executive change
  R. Owen James changed role as President of PRA Group Europe at PRA GROUP INC.
  - Action: promoted
  - Role: President of PRA Group Europe
  source text: Effective June 17, 2025, the Company promoted R. Owen James to President of PRA Group Europe.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1185348/000118534825000014/0001185348-25-000014-index.htm
- Executive change
  Martin Sjolund was appointed as President and Chief Executive Officer at PRA GROUP INC.
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: Martin Sjolund was appointed as the Company’s President and Chief Executive Officer (“CEO”) effective June 17, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1185348/000118534825000014/0001185348-25-000014-index.htm
- Executive change
  Martin Sjolund was appointed as Director at PRA GROUP INC.
  - Action: appointed
  - Role: Director
  source text: the Board appointed Mr. Sjolund as a director, effective immediately
  evidence_url: https://www.sec.gov/Archives/edgar/data/1185348/000118534825000014/0001185348-25-000014-index.htm

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