PRA Group Reports 2024 Annual Meeting Results

TL;DR

PRAA shareholders voted on directors, pay, and auditors at their June 12th meeting.

AI Summary

On June 13, 2024, PRA Group, Inc. (PRAA) filed an 8-K to report on the results of its 2024 Annual Meeting of Stockholders held on June 12, 2024. The filing details the election of directors, the advisory vote on executive compensation, and the ratification of the appointment of their independent registered public accounting firm.

Why It Matters

This filing provides shareholders with the official outcomes of key corporate governance decisions made at the annual meeting, including director elections and executive compensation approval.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of annual meeting results and does not introduce new financial or operational risks.

Key Players & Entities

• PRA Group, Inc. (company) — Registrant
• PRAA (company) — Ticker Symbol
• June 13, 2024 (date) — Date of Report
• June 12, 2024 (date) — Date of Annual Meeting

FAQ

Key Financial Figures

• $0.01 — ange on which registered Common Stock, $0.01 par value per share PRAA NASDAQ Global

Filing Documents

• praa-20240613.htm (8-K) — 48KB
• 0001185348-24-000034.txt ( ) — 169KB
• praa-20240613.xsd (EX-101.SCH) — 2KB
• praa-20240613_lab.xml (EX-101.LAB) — 21KB
• praa-20240613_pre.xml (EX-101.PRE) — 12KB
• praa-20240613_htm.xml (XML) — 3KB

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders (a) and (b) The Company held its Annual Meeting of Stockholders on June 13, 2024, during which the Company's stockholders voted as follows on the matters set forth below: 1. Election of Dire ctors. The Company's stockholders elected the following nominees to serve as directors until the 2025 Annual Meeting or until their successors are duly elected and qualified based upon the following votes: For Against Abstain Broker Non-Vote Vikram A. Atal 34,833,040 232,242 9,781 1,481,178 Danielle M. Brown 33,569,752 1,495,530 9,781 1,481,178 Marjorie M. Connelly 34,859,098 206,184 9,781 1,481,178 Steven D. Fredrickson 33,381,094 1,683,258 10,709 1,481,178 Jayne Anne-Gadhia 34,957,045 103,978 14,040 1,481,178 Glenn P. Marino 34,961,606 102,598 10,859 1,481,178 Geir L. Olsen 34,731,237 333,117 10,709 1,481,178 Brett L. Paschke 33,467,847 1,597,435 9,781 1,481,178 Scott M. Tabakin 33,422,953 1,642,327 9,781 1,481,178 Peggy P. Turner 34,723,155 342,127 9,781 1,481,178 Lance L. Weaver 33,863,964 1,200,928 10,171 1,481,178 2. Ratification of the Appointment of Ernst & Young LLP. The Company's stockholders ratified the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024, based upon the following votes: For Against Abstain 36,516,393 25,582 14,266 3. Advisory Vote on Named Executive Officer Compensation. The Company's stockholders approved the advisory vote on the compensation of the Company's named executive officers ("Say-on-Pay") based upon the following votes: For Against Abstain Broker Non-Vote 31,852,456 3,190,771 31,836 1,481,178

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d) Exhibits 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PRA Group, Inc. Date: June 20, 2024 By: /s/ Rakesh Sehgal Rakesh Sehgal Executive Vice President and Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR