Chief Executive Officer · PROG Holdings, Inc. (PRG)

Steven Michaels

A named executive officer of PROG in every fiscal year CompBrief holds from FY2018 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2025

$9,880,430

FY2024: $13,328,364

1st of 3 named executive officers at Prog by FY2025 total.

3 named officers on file for PROG, FY2025

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What this number hides

The filing gives the total. PROG’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

Compensation figures as of the proxy filed March 26, 2026 (DEF 14A). Insider transactions since that proxy, current to 2026-11-07.

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Steven Michaels compensation by year

PROG Summary Compensation Table · all 8 fiscal years held
In US dollars, as PROG reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Salary$613,462$625,000$647,404$900,000$950,000$975,000$1,000,000$1,000,000
Bonus$0$0$0$0$0$0$0$0
Stock awards$1,054,843$1,056,510$1,453,939$3,705,015$1,150,012$4,675,007$10,044,764$7,424,432
Option awards$391,006$354,971$304,526$1,111,116$1,150,507$1,250,010$0$0
Non-equity incentive$635,700$604,900$1,208,400$1,358,600$266,000$2,251,895$2,256,000$1,408,500
Pension and deferred compensation$0$0$0$0$0$0$0$0
All other$34,784$26,031$111,724$383,300$12,200$40,319$27,600$47,498
Total$2,729,795$2,667,412$3,725,993$7,458,031$3,528,719$9,192,231$13,328,364$9,880,430

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: PROG Holdings, Inc. DEF 14A filed March 26, 2026, accession 0001808834-26-000053, and prior-year filings. Open the filing on EDGAR.

How this page was built: the PROG Holdings, Inc. filed document, accession 0001808834-26-000053. Every figure is read from that document and cited to the page and table it appears in. Filed March 26, 2026.

$2.7M
$2.7M
$3.7M
$7.5M
$3.5M
$9.2M
$13.3M
$9.9M
FY18
FY19
FY20
FY21
FY22
FY23
FY24
FY25
SalaryNon-equity incentiveStock awardsOption awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
RSU112,472$3,316,799—
RSU102,846$3,032,929—
RSU77,135$2,274,711—
RSU67,476$1,989,867—
RSU63,266$1,865,714—
RSU42,177$1,243,800—
RSU42,176$1,243,770—
RSU16,869$497,467—
Option35,735—$24.70

Per the Outstanding Equity Awards at Fiscal Year-End table in PROG Holdings, Inc.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.

Insider transactions since the last proxy

2 Form 4 lines since the FY2025 proxy (filed March 26, 2026)
current to 2026-11-07 · updated nightly
DateTransactionPlanSharesPriceHeld after
2026-11-03Tax withholding—4,873$36.53768,005
2026-05-06Grant or award—137,590$0.00772,878

The 2 most recent of 2 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →

PROG’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Steven Michaels · this pageChief Executive Officer$9,880,430
Brian GarnerChief Financial Officer$3,032,660
Todd KingChief Legal and Compliance Officer$1,806,235

Board service

PROG board · FY2022–FY2025

How this board is paid

Company policy: PROG pays directors a $100,000 cash retainer and $150,000 in RSUs. As stated in PROG's FY2025 proxy.

The full PROG compensation record

free company brief

This page is one person within PROG's record. The company brief lists every named executive, each linking to their own page.

Peer companies

named in the PROG proxy · each links to its own free brief

Compensation, the day it’s disclosed

The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order PROG's full Executive Compensation Report with peer benchmarking.

How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are PROG's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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Steven Michaels's compensation dossier