Source-grounded facts extracted from PROG Holdings, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
PROG Holdings, Inc. shareholders approved Amendment to the PROG Holdings, Inc. Amended and Restated 2015 Equity and Incentive Plan at the 2026-05-06 meeting.
“Proposal 4 – Amendment to the PROG Holdings, Inc. Amended and Restated 2015 Equity and Incentive Plan For Against Abstain Non-Votes 31,505,553 3,224,113 205,365 1,950,037”
PROG Holdings, Inc. shareholders approved Ratification of the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for 2026 at the 2026-05-06 meeting.
“Proposal 3 – Ratification of the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for 2026 For Against Abstain Non-Votes 34,859,061 1,954,579 71,428 —”
PROG Holdings, Inc. shareholders approved Approval of a non-binding resolution to approve the Company’s executive compensation at the 2026-05-06 meeting.
“Proposal 2 – Approval of a non-binding resolution to approve the Company’s executive compensation For Against Abstain Non-Votes 31,949,347 2,782,090 203,594 1,950,037”
PROG Holdings, Inc. shareholders approved Election of directors at the 2026-05-06 meeting.
“Proposal 1 – Election of directors For Against Abstain Non-Votes Douglas C. Curling 33,175,505 1,685,740 73,786 1,950,037 Cynthia N. Day 31,924,829 2,951,953 58,249 1,950,037 Curtis L. Doman 34,323,308 538,456 73,267 1,950,037 Robert K. Julian 33,452,270 1,409,067 73,694 1,950,037 Ray M. Martinez 33,377,847 1,477,068 80,116 1,950,037 Steven A. Michaels 33,375,195 1,486,572 73,264 1,950,037 Daniela Mielke 34,326,307 545,042 63,682 1,950,037 Ray M. Robinson 32,364,633 2,489,665 80,733 1,950,037 Caroline S. Sheu 33,317,940 1,536,952 80,139 1,950,037 James P. Smith 31,446,271 3,415,068 73,692 1,950,037”
Ray M. Robinson was appointed as Lead Independent Director at PROG Holdings, Inc..
“Mr. Michaels succeeds Ray M. Robinson, who has been appointed Lead Independent Director.”
Steven A. Michaels was elected as Chairman of the Board at PROG Holdings, Inc..
“On May 7, 2026, PROG Holdings, Inc. (the "Company") announced that the Company's Board of Directors (the "Board") has elected Steven A. Michaels, the Company's President and Chief Executive Officer, to the additional position of Chairman of the Board, effective immediately.”
PROG Holdings, Inc. reported the first quarter ended March 31, 2026 results: revenue $742.7 million, net income $36.2 million, EPS $0.89. Guidance raised.
“any filing under the Securities Act of 1933. --- EX-99.1 (EX-99.1) --- PROG Holdings Reports First Quarter 2026 Results • Consolidated revenues from continuing operations of $742.7 million, up 11.1%; Net earnings from continuing operations of $36.2 million • Adjusted EBITDA from continuing operations of $90.3 million, up 29.2% • Diluted EPS from continuing”
PROG Holdings, Inc. amended Fourth Amendment with JPMorgan Chase Bank, N.A, as administrative agent valued at $125 million incremental term loan (effective 2026-01-02).
“On January 2, 2026, the Company entered into a fourth amendment (the "Fourth Amendment") to that certain credit agreement, dated November 24, 2020, by and among Progressive Finance Holdings, LLC, as borrower, the Company and certain subsidiaries of the Company, as guarantors, the several banks and other financial institutions from time to time party thereto and JPMorgan Chase Bank, N.A, as administrative agent (as amended, the "Credit Agreement").”
PROG Holdings, Inc. incurred term loan of $125 million incremental term loan with JPMorgan Chase Bank, N.A. at SOFR plus a margin within the range of 1.50% to 2.75% maturing November 15, 2029.
“The Fourth Amendment provides for, among other things, the incurrence by the Company of a $125 million incremental term loan (the "Term Loan"),”
PROG Holdings, Inc. completed an acquisition involving Purchasing Power Parent, LLC for approximately $420 million in cash (closed 2026-01-02).
“Current Report on Form 8-K is incorporated into this Item 2.01 by reference. The aggregate consideration paid by the Purchaser to the Seller at the closing was approximately $420 million in cash, subject to customary adjustments. In addition, the Acquired Entity has approximately $330 million of non-recourse funding debt under its securitization and warehouse”
PROG Holdings, Inc. entered into Unit Purchase Agreement with Purchasing Power Parent, LLC valued at cash consideration of $420 million (effective 2025-12-01).
“On December 1, 2025, PROG Beach, LLC (the "Purchaser"), a wholly-owned subsidiary of PROG Holdings, Inc. (the "Company"), entered into a Unit Purchase Agreement (the "Purchase Agreement") with Purchasing Power Parent, LLC (the "Seller"), P-Squared, LLC, a wholly-owned subsidiary of the Seller (the "Acquired Entity"), and, solely to guarantee the Purchaser’s obligations under the Purchase Agreement, the Company. Pursuant to the Purchase Agreement, the Purchaser has agreed to acquire all of the issued and outstanding equity interests of the Acquired Entity for cash consideration of $420 million.”
Daniela Mielke was appointed as Director at PROG Holdings, Inc..
“Effective as of November 12, 2024, the Board of Directors (the "Board") of PROG Holdings, Inc. (the "Company"), upon the recommendation of the Nominating, Governance and Corporate Responsibility Committee, increased the size of the Board from nine directors to eleven directors and appointed Robert Julian and Daniela Mielke to fill the vacancies create by such increase.”
Robert Julian was appointed as Director at PROG Holdings, Inc..
“Effective as of November 12, 2024, the Board of Directors (the "Board") of PROG Holdings, Inc. (the "Company"), upon the recommendation of the Nominating, Governance and Corporate Responsibility Committee, increased the size of the Board from nine directors to eleven directors and appointed Robert Julian and Daniela Mielke to fill the vacancies create by such increase.”
PROG Holdings, Inc. shareholders approved Ratification of the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for 2024 at the 2024-05-15 meeting.
“Proposal 3 – Ratification of the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for 2024 For Against Abstain Non-Votes 38,893,623 2,064,287 132,210 —”
PROG Holdings, Inc. shareholders approved Approval of a non-binding resolution to approve the Company's executive compensation at the 2024-05-15 meeting.
“Proposal 2 – Approval of a non-binding resolution to approve the Company’s executive compensation For Against Abstain Non-Votes 36,048,569 2,414,608 131,770 2,495,173”
PROG Holdings, Inc. shareholders approved Election of directors at the 2024-05-15 meeting.
“Proposal 1 – Election of directors For Against Abstain Non-Votes Kathy T. Betty 36,869,205 1,705,144 20,598 2,495,173”
PROG Holdings, Inc. reported the first quarter ended March 31, 2024 results: revenue $641.9 million, net income $22.0 million, EPS $0.49. Guidance raised.
“PROG Holdings Reports First Quarter 2024 Results • Consolidated revenues of $641.9 million; Earnings before taxes of $31.6 million • Adjusted EBITDA of $72.6 million • Diluted EPS of $0.49; Non-GAAP Diluted EPS of $0.91”
PROG Holdings, Inc. reported fourth quarter and fiscal year ended December 31, 2023 results: revenue $577.4 million, net income $18.6 million, EPS $0.41.
“Consolidated revenues for the fourth quarter of 2023 were $577.4 million, a decrease of 5.7% from the same period in 2022, driven by a lower gross leased asset balance entering the quarter. Consolidated net earnings for the quarter were $18.6 million, compared with $36.1 million in the prior year period.”
Curtis L. Doman retired as Chief Innovation Officer at PROG Holdings, Inc..
“On February 21, 2024, the Company announced that Curtis L. Doman, Co-Founder of Progressive Leasing, the Company's Chief Innovation Officer and a member of the Company's Board of Directors, will be retiring from his role as the Company's Chief Innovation Officer, effective immediately.”
PROG Holdings, Inc. announced a restructuring with charges of approximately $28 to $31 million of restructuring charges (reduction in our workforce).
“the Company estimates that it will incur approximately $28 to $31 million of restructuring charges, substantially all of which are expected to be incurred by the end of the first fiscal quarter of 2024”
PROG Holdings, Inc. reported the third quarter ended September 30, 2023 results: revenue $582.9 million, net income $35.0 million, EPS $0.76. Guidance raised.
“3Q2023) --- PRESS RELEASE 3Q2023 Document Exhibit 99.1 PROG Holdings Beats Third Quarter 2023 Expectations, Raises Full-Year Financial Outlook • Consolidated revenues of $582.9 million • Earnings before taxes of $48.1 million • Adjusted EBITDA of $71.7 million, increase of 10.4% year-over-year • Diluted EPS of $0.76; Non-GAAP Diluted EPS of $0.90, up 32.4%”
PROG Holdings, Inc. reported second quarter ended June 30, 2023 results: revenue Consolidated revenues of $592.8 million, net income Consolidated net earnings for the quarter were $37.2 million, EPS Diluted earnings per share for the second quarter of 2023 were $0.79. Guidance raised.
“2Q2023) --- PRESS RELEASE 2Q2023 Document Exhibit 99.1 PROG Holdings Exceeds Second Quarter 2023 Expectations, Raises Full-Year Financial Outlook • Consolidated revenues of $592.8 million • Earnings before taxes of $52.0 million • Adjusted EBITDA of $75.0 million, increase of 44% year-over-year • Diluted EPS of $0.79; Non-GAAP Diluted EPS of $0.92, up 76.9%”
PROG Holdings, Inc. shareholders approved Ratification of the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for 2023 at the 2023-05-10 meeting.
“Proposal 4 – Ratification of the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for 2023 For Against Abstain Non-Votes 41,926,971 1,283,986 25,150 —”
PROG Holdings, Inc. shareholders approved Approval of a non-binding recommendation to approve the frequency (every 1, 2 or 3 years) of the advisory vote on executive compensation at the 2023-05-10 meeting.
“Proposal 3 – Approval of a non-binding recommendation to approve the frequency (every 1, 2 or 3 years) of the advisory vote on executive compensation 1 Year 2 Years 3 Years Abstain Non-Votes 38,745,294 7,261 1,908,056 10,365 2,565,131”
PROG Holdings, Inc. shareholders approved Approval of a non-binding resolution to approve the Company’s executive compensation at the 2023-05-10 meeting.
“Proposal 2 – Approval of a non-binding resolution to approve the Company’s executive compensation For Against Abstain Non-Votes 39,818,812 805,774 46,390 2,565,131”
PROG Holdings, Inc. shareholders approved Election of directors at the 2023-05-10 meeting.
“the Company’s shareholders took the actions listed below and elected each of the director nominees to serve as directors until the expiration of such director’s term at the Company’s 2024 annual meeting of shareholders and until such director’s successor is duly elected and qualified, or until such director’s earlier resignation, removal from office or death, having cast the following votes: Proposal 1 – Election of directors For Against Abstain Non-Votes Kathy T. Betty 39,940,605 695,248 35,123 2,565,131 Douglas C. Curling 40,253,735 398,195 19,046 2,565,131 Cynthia N. Day 38,776,901 1,875,142 18,933 2,565,131 Curtis L. Doman 39,921,210 730,796 18,970 2,565,131 Ray M. Martinez 40,239,228 412,189 19,559 2,565,131 Steven A. Michaels 40,286,996 365,087 18,893 2,565,131 Ray M. Robinson 39,367,497 1,284,874 18,605 2,565,131 Caroline S. Sheu 40,197,406 438,247 35,323 2,565,131 James P. Smith 40,242,006 410,107 18,863 2,565,131”
Todd King was appointed as Chief Legal and Compliance Officer at PROG Holdings, Inc..
“On May 11, 2023, PROG Holdings, Inc. (the “Company”) announced that the Company’s Board of Directors appointed Todd King as Chief Legal and Compliance Officer, effective as of May 15, 2023.”
PROG Holdings, Inc. reported first quarter ended March 31, 2023 results: revenue $655.1 million, net income $48.0 million, EPS $1.00. Guidance raised.
“1Q2023) --- PRESS RELEASE 1Q2023 Document Exhibit 99.1 PROG Holdings Exceeds First Quarter 2023 Expectations, Raises Full-Year Earnings Outlook • Consolidated revenues of $655.1 million, earnings before taxes of $67.6 million; • Adjusted EBITDA of $89.7 million, increase of 38.9% year-over-year • Diluted EPS of $1.00; Non-GAAP Diluted EPS of $1.11, up 94.7%”
PROG Holdings, Inc. reported the first quarter ended March 31, 2023 results: revenue $655.1 million, net income $48.0 million, EPS $1.00. Guidance raised.
“Consolidated revenues for the first quarter of 2023 were $655.1 million, a decrease of 7.8% from the same period in 2022 due to tightened lease decisioning in mid-2022, decreased customer demand for leasable goods, and a year-over-year decline in the number of customers exercising early lease buyouts. This decline in revenues was partially offset by year-over-year improvements in customer payment behavior during the first quarter of 2023. The Company reported consolidated net earnings for the first quarter of 2023 of $48.0 million, compared with $27.1 million in the prior year period. Adjusted EBITDA for the quarter increased 38.9% to $89.7 million, or 13.7% of revenues, compared with $64.6 million, or 9.1% of revenues for the same period in 2022. The year-over-year growth in Adjusted EBITDA was driven primarily by historically low 90 day buyout activity for the period, improved customer payment behavior resulting from prior lease decisioning tightening, benefit from previous cost-cutt”
PROG Holdings, Inc. reported the fourth quarter ended December 31, 2022 results: revenue $612.1 million, net income $36.1 million, EPS $0.73. Guidance initiated.
“1933. --- EX-99.1 (EX-99.1 PRESS RELEASE 4Q2022) --- PRESS RELEASE 4Q2022 Document Exhibit 99.1 PROG Holdings Reports Fourth Quarter 2022 Results • Consolidated revenues of $612.1 million • Consolidated earnings before taxes of $53.7 million; Adjusted EBITDA increased 3.2% year-over-year to $74.4 million or 12.2% of revenues • Diluted EPS of $0.73; Non-GAAP”
Vin Thomas resigned as General Counsel and Corporate Secretary at PROG Holdings, Inc..
“Effective as of November 6, 2022, Vin Thomas, General Counsel and Corporate Secretary of PROG Holdings, Inc., resigned from the Company for personal reasons.”
Vin Thomas was appointed as General Counsel and Corporate Secretary at PROG Holdings, Inc..
“In connection with Mr. Fentress' retirement, the Company's Board of Directors appointed Vin Thomas as General Counsel and Corporate Secretary, effective as of June 1, 2022.”
Marvin A. Fentress departed as General Counsel and Corporate Secretary at PROG Holdings, Inc..
“On April 19, 2022, PROG Holdings, Inc. (the “Company”) announced that Marvin A. Fentress will retire as General Counsel and Corporate Secretary of the Company, effective as of May 31, 2022.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.