Companies Prog Holdings, Inc.
Prog (PRG): executive pay, fiscal 2025
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Compensation figures for fiscal year 2025 are temporarily unavailable — recheck shortly.
Executives and directors
Frequently asked questions
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Full detail
Every table from the filing. Open any section.
Summary compensation table
No Summary Compensation Table is on file for fiscal year 2025.
Equity grants and outstanding awards
No plan-based awards are on file for this fiscal year.
Outstanding equity awards at fiscal year-end 2025
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| King | RSU | 2,078 | — | $61,280 |
| King | RSU | 2,715 | — | 80,065 |
| King | RSU | 3,352 | — | 98,850 |
| King | RSU | 4,592 | — | 135,418 |
| Garner | RSU | 4,639 | — | 136,804 |
| King | RSU | 6,888 | — | 203,127 |
| King | RSU | 8,550 | — | 252,140 |
| Garner | Option | 9,827 | 24.7 | — |
| King | RSU | 11,399 | — | 336,157 |
| Garner | RSU | 12,160 | — | 358,598 |
| King | RSU | 12,246 | — | 361,135 |
| Steven A. Michaels | RSU | 16,869 | — | 497,467 |
| Garner | RSU | 18,240 | — | 537,898 |
| Garner | RSU | 18,556 | — | 547,216 |
| Garner | RSU | 19,220 | — | 566,798 |
| Garner | RSU | 25,626 | — | 755,711 |
| Garner | RSU | 32,426 | — | 956,243 |
| Steven A. Michaels | Option | 35,735 | 24.7 | — |
| Steven A. Michaels | RSU | 42,176 | — | 1,243,770 |
| Steven A. Michaels | RSU | 42,177 | — | 1,243,800 |
| Steven A. Michaels | RSU | 63,266 | — | 1,865,714 |
| Steven A. Michaels | RSU | 67,476 | — | 1,989,867 |
| Steven A. Michaels | RSU | 77,135 | — | 2,274,711 |
| Steven A. Michaels | RSU | 102,846 | — | 3,032,929 |
| Steven A. Michaels | RSU | 112,472 | — | 3,316,799 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Ray M. RobinsonIndependent · Board Chair · Compensation & Human Capital · Nominating, Governance & Corporate Responsibility | $225,000 | $150,000 | — | — | — | $375,000 |
| Cynthia N. DayIndependent · Audit (Chair) · Compensation & Human Capital · Nominating, Governance & Corporate Responsibility | 130,000 | 150,000 | — | — | — | 280,000 |
| Douglas C. CurlingIndependent · Audit · Compensation & Human Capital (Chair) · Nominating, Governance & Corporate Responsibility | 125,000 | 150,000 | — | — | — | 275,000 |
| James P. SmithIndependent · Audit · Nominating, Governance & Corporate Responsibility (Chair) | 113,022 | 150,000 | — | — | — | 263,022 |
| Ray M. MartinezIndependent · Compensation & Human Capital · Nominating, Governance & Corporate Responsibility | 100,000 | 150,000 | — | — | — | 250,000 |
| Caroline S. SheuIndependent · Compensation & Human Capital · Nominating, Governance & Corporate Responsibility | 100,000 | 150,000 | — | — | — | 250,000 |
| Daniela MielkeIndependent · Audit · Nominating, Governance & Corporate Responsibility | 100,000 | 150,000 | — | — | — | 250,000 |
| Robert K. JulianIndependent · Audit · Nominating, Governance & Corporate Responsibility | 100,000 | 150,000 | — | — | — | 250,000 |
| Kathy T. BettyIndependent · Not standing for re-election · Departed during FY | 42,198 | 0 | — | — | — | 42,198 |
| Steven A. MichaelsEmployee director | — | — | — | — | — | 0 |
| Curtis L. DomanEmployee director | — | — | — | — | — | 0 |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $1,035,220 |
| Equity awards (grant-date value) | $1,200,000 |
| All other compensation | $0 |
| Total cost of the board | $2,235,220 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Prog as a peer
Companies that benchmark against PRG
The list of companies that name PRG as a peer is temporarily unavailable — recheck shortly.
Disclosed peer group — fiscal year 2025
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
Peer reciprocity
Of the companies Prog Holdings, Inc. names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.
Reciprocity shown where the peer’s own current proxy has been read — each mark is cited in the register to that peer’s filing. A dash means the peer’s current proxy was read and names no reciprocal group including Prog Holdings, Inc..
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| — | Ally Financial Inc. | — | — | — | — | — | — | not in coverage universe |
| — | Euronet Worldwide, Inc. | — | — | — | — | — | — | not in coverage universe |
| — | OneMain Holdings, Inc. | — | — | — | — | — | — | not in coverage universe |
| — | PRA Group, Inc. | — | — | — | — | — | — | not in coverage universe |
| — | Credit Acceptance Corporation | — | — | — | — | — | — | not in coverage universe |
| — | Genpact Limited | — | — | — | — | — | — | not in coverage universe |
| — | Encore Capital Group, Inc. | — | — | — | — | — | — | not in coverage universe |
| — | Enova International, Inc. | — | — | — | — | — | — | not in coverage universe |
| — | LendingTree, Inc. | — | — | — | — | — | — | not in coverage universe |
| — | WEX Inc. | — | — | — | — | — | — | not in coverage universe |
| — | Navient Corporation | — | — | — | — | — | — | not in coverage universe |
| — | Synchrony Financial | — | — | — | — | — | — | not in coverage universe |
| — | FirstCash Holdings, Inc. | — | — | — | — | — | — | not in coverage universe |
| — | SLM Corporation | — | — | — | — | — | — | not in coverage universe |
| — | Shift4 Payments, Inc. | — | — | — | — | — | — | not in coverage universe |
| — | Jack Henry & Associates, Inc. | — | — | — | — | — | — | not in coverage universe |
| — | Bread Financial Holdings, Inc. | — | — | — | — | — | — | not in coverage universe |
| — | Discover Financial Services | — | — | — | — | — | — | not in coverage universe |
| — | Green Dot Corporation | — | — | — | — | — | — | not in coverage universe |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Incentive design against the same peers
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| Prog Holdings, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| Ally Financial Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| Bread Financial Holdings, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| Credit Acceptance Corporation | not disclosed | not disclosed | not disclosed | not disclosed |
| Discover Financial Services | not disclosed | not disclosed | not disclosed | not disclosed |
| Encore Capital Group, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| Enova International, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| Euronet Worldwide, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| FirstCash Holdings, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| Genpact Limited | not disclosed | not disclosed | not disclosed | not disclosed |
| Green Dot Corporation | not disclosed | not disclosed | not disclosed | not disclosed |
| Jack Henry & Associates, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| LendingTree, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| Navient Corporation | not disclosed | not disclosed | not disclosed | not disclosed |
| OneMain Holdings, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| PRA Group, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| Shift4 Payments, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| SLM Corporation | not disclosed | not disclosed | not disclosed | not disclosed |
| Synchrony Financial | not disclosed | not disclosed | not disclosed | not disclosed |
| WEX Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.
Say-on-pay history and pay ratio
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-05-06 | 31,949,347 | 2,782,090 | 203,594 | 91.99% | Passed |
| 2025 | 2025-05-07 | 32,080,007 | 1,895,381 | 7,025 | 94.42% | Passed |
| 2024 | 2024-05-15 | 36,048,569 | 2,414,608 | 131,770 | 93.72% | Passed |
| 2023 | 2023-05-10 | 39,818,812 | 805,774 | 46,390 | 98.02% | Passed |
| 2022 | 2022-05-24 | 47,212,057 | 2,734,628 | 188,760 | 94.52% | Passed |
| 2021 | 2021-06-22 | 58,916,503 | 1,076,746 | 44,369 | 98.21% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.
Say-on-pay — history, company’s computation
| Meeting year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2026 | 2026-05-06 | 91.99%a |
| 2025 | 2025-05-07 | 94.42%b |
| 2024 | 2024-05-15 | 93.72%c |
a. Approved under the standard stated in the filing — “Any shares that are not voted (whether by abstention or otherwise) will have no impact on the outcome of the vote with respect to this proposal.”.
b. Approved under the standard stated in the filing — “Any shares that are not voted (whether by abstention or otherwise) will have no impact on the outcome of the vote with respect to this proposal.”.
c. Approved under the standard stated in the filing — “Any shares that are not voted (whether by abstention or otherwise) will have no impact on the outcome of the vote with respect to this proposal.”.
Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
CEO pay ratio
| Ratio (CEO : median employee) | 176 : 1 |
|---|---|
| CEO total compensation | $9,880,430 |
| Median employee compensation | $56,165 |
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (16 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 07, pay ratio. DEF 14A, filed 2026-03-26. Section “CEO Pay Ratio”. As printed: 176 : 1. View filing ↗
- Section 08, Ray M. Robinson. DEF 14A, filed 2026-03-26. Section “Director Compensation”. As printed: 375,000. View filing ↗
- Section 08, Cynthia N. Day. DEF 14A, filed 2026-03-26. Section “Director Compensation”. As printed: 280,000. View filing ↗
- Section 08, Douglas C. Curling. DEF 14A, filed 2026-03-26. Section “Director Compensation”. As printed: 275,000. View filing ↗
- Section 08, James P. Smith. DEF 14A, filed 2026-03-26. Section “Director Compensation”. As printed: 263,022. View filing ↗
- Section 08, Ray M. Martinez. DEF 14A, filed 2026-03-26. Section “Director Compensation”. As printed: 250,000. View filing ↗
- Section 08, Caroline S. Sheu. DEF 14A, filed 2026-03-26. Section “Director Compensation”. As printed: 250,000. View filing ↗
- Section 08, Daniela Mielke. DEF 14A, filed 2026-03-26. Section “Director Compensation”. As printed: 250,000. View filing ↗
- Section 08, Robert K. Julian. DEF 14A, filed 2026-03-26. Section “Director Compensation”. As printed: 250,000. View filing ↗
- Section 08, Kathy T. Betty. DEF 14A, filed 2026-03-26. Section “Director Compensation”. As printed: 42,198. View filing ↗
- Section 08, Steven A. Michaels. DEF 14A, filed 2026-03-26. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 08, Curtis L. Doman. DEF 14A, filed 2026-03-26. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 06, 2026 vote. Form 8-K, filed 2026-05-07. Item 5.07 · say-on-pay result. As reported: 91.99% (votes for as printed: 31,949,347). View filing ↗
- Section 06, 2025 vote. Form 8-K, filed 2025-05-08. Item 5.07 · say-on-pay result. As reported: 94.42% (votes for as printed: 32,080,007). View filing ↗
- Section 06, 2024 vote. Form 8-K, filed 2024-05-16. Item 5.07 · say-on-pay result. As reported: 93.72% (votes for as printed: 36,048,569). View filing ↗
- Section 09b board cost (computed). Computed. Cash 1,035,220 + equity 1,200,000 + all other 0 = 2,235,220, summed across the director compensation table rows.