PROG Holdings, Inc.

Overview

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• TickerPRG on NYSE²
• IndustryServices-Equipment Rental & Leasing, NEC²
• HeadquartersAtlanta, United States²
• Incorporated inGA³
• Business address256 W. Data Drive, Draper, Ut 84020³
• Filer categoryLarge accelerated filer³
• Legal formProfit Corporation²
• LEI549300DHYTLBOVRXIG52²
• StatusActive²
• LEI statusLapsed (not renewed)²
• Registered addressC/O Corporation Service Company, 30092 Peachtree Corners, United States²
• Registered withGeorgia Secretary of State Corporations Division, 20045551²

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PROG Holdings is a financial technology holding company that provides transparent and competitive payment options to consumers. PROG Holdings' operating segments include Progressive Leasing, an in-store, app-based, and e-commerce point-of-sale lease-to-own solutions provider, and Four Technologies, Inc. ("Four"), a modern, cloud-native mobile app which offers Buy Now, Pay Later ("BNPL") payment options to consumers through the Four platform. PROG Holdings also owns MoneyApp, a mobile application that offers customers interest-free cash advances. Many of our customers fall within the near-prime or subprime Fair Isaac and Company ("FICO") score categories and may have difficulty purchasing big-ticket and other durable goods they desire. The unified financial technologies ecosystem we continue to build, which we have expanded through our recent acquisition of Purchasing Power (as described …⁵ From its latest annual report

Corporate structure

PROG Holdings, Inc. sits at the top of its group. 28 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What PROG Holdings, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

Investments

Intangibles and goodwill

Properties, in its own words

The Company leases management and information technology space for corporate functions under operating leases expiring at various times through 2028. Most of the leases contain renewal options for additional periods ranging from two to three years. The following table sets forth certain information regarding our corporate and segment management facilities as of December 31, 2025:

LOCATION1 · SEGMENT, PRIMARY USE AND HOW HELD · SQ. FT.

Item 2 of the 10-K filed Feb 18, 2026.⁵

Leadership

Who has led PROG Holdings, Inc., and when. Pick a name to see everywhere that person has worked.

• Chief executive officerSteven A. Michaels Dec 14, 2020 to now¹⁵
• ChairSteven A. Michaels May 8, 2026 to now¹⁶
• PresidentLee A. Wright May 8, 2026 to now¹⁷
• PresidentSteven A. Michaels Mar 3, 2022 to May 8, 2026¹⁸
• PresidentBlake Wakefield Dec 7, 2020 to Mar 9, 2021¹⁹
• Chief financial officerBrian Garner Dec 7, 2020 to now²⁰

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

• AM2 Enterprises, LLC Utah⁴
• Approve.Me LLC Utah⁴
• Four Technologies, Inc. Delaware⁴
• NPRTO Anywhere, LLC Utah⁴
• NPRTO Arizona, LLC Utah⁴
• NPRTO California, LLC Utah⁴
• NPRTO Florida, LLC Utah⁴
• NPRTO Georgia, LLC Utah⁴
• NPRTO Illinois, LLC Utah⁴
• NPRTO Michigan, LLC Utah⁴
• NPRTO Mid-West, LLC Utah⁴
• NPRTO New York, LLC Utah⁴
• NPRTO North-East, LLC Utah⁴
• NPRTO Ohio, LLC Utah⁴
• NPRTO Puerto Rico, LLC Puerto Rico⁴
• NPRTO South-East, LLC Utah⁴
• NPRTO Texas, LLC Utah⁴
• NPRTO West, LLC Utah⁴
• PRG Ventures, Inc. Delaware⁴
• PRGB, Inc. Delaware⁴
• PROG Holding Company, LLC Delaware⁴
• Pango LLC Utah⁴
• Prog International, LLC Delaware⁴
• Prog Leasing, LLC Delaware⁴

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

• Aaron's Holdings Company, Inc.Apr 13, 2020 to Nov 23, 2020³

Timeline

1. Aug 5, 20268-K Other events³³
2. Jul 29, 20268-K Results of operations; Other events³⁴
3. May 7, 20268-K Executive or director change; Shareholder vote; Other events³⁵
4. Apr 29, 20268-K Results of operations³⁶
5. Apr 7, 20268-K Financial statements and exhibits³⁷
6. Mar 10, 20268-K Regulation FD disclosure³⁸
7. Mar 2, 20268-K Other events³⁹
8. Feb 18, 20268-K Results of operations⁴⁰
9. Jan 2, 20268-K Entered a material agreement; Completed an acquisition or sale; New debt or obligation⁴¹
10. Dec 2, 20258-K Entered a material agreement; Regulation FD disclosure⁴²
11. Nov 7, 20258-K Other events⁴³
12. Oct 22, 20258-K Entered a material agreement; Results of operations; Regulation FD disclosure⁴⁴
13. Dec 14, 2020New chief executive Steven A. Michaels becomes CEO¹⁵
14. Mar 26, 2020Founded PROG Holdings, Inc. is founded²

Calendar

Coming up

1. Oct 28, 2026 · Before the openReports results for the quarter ending Sep/2026 A year earlier it reported $0.90 a share, on Oct 22, 2025.⁴⁵

When it reported results

1. Jul 29, 2026Reported quarterly or annual results³⁴
2. Apr 29, 2026Reported quarterly or annual results³⁶
3. Feb 18, 2026Reported quarterly or annual results⁴⁰
4. Oct 22, 2025Reported quarterly or annual results⁴⁴
5. Jul 23, 2025Reported quarterly or annual results⁴⁶
6. Apr 23, 2025Reported quarterly or annual results⁴⁷
7. Feb 19, 2025Reported quarterly or annual results⁴⁸
8. Oct 23, 2024Reported quarterly or annual results⁴⁹

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

254 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 52 major events, 130 insider forms, 21 large holders, 31 other. The latest 20:

1. Aug 6, 20264 EDGAR
2. Aug 6, 20264 EDGAR
3. Aug 5, 2026144 EDGAR
4. Aug 5, 2026144 EDGAR
5. Aug 5, 20268-K EDGAR
6. Aug 4, 2026144 EDGAR
7. Jul 31, 2026SCHEDULE 13G EDGAR
8. Jul 31, 2026S-8 EDGAR
9. Jul 30, 202610-Q EDGAR
10. Jul 29, 20268-K EDGAR
11. Jun 25, 202611-K 11-K RETIREMENT PLAN AND TRUST 2025 EDGAR
12. May 8, 20263 EDGAR
13. May 8, 20264 EDGAR
14. May 8, 20264 EDGAR
15. May 8, 20264 EDGAR
16. May 8, 20264 EDGAR
17. May 8, 20264 EDGAR
18. May 8, 20264 EDGAR
19. May 8, 20264 EDGAR
20. May 8, 20264 EDGAR

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

21 open-market trades by officers, directors and large owners since October 2021: 9 buys and 12 sales. Grants, option exercises and gifts are left out.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

• VANGUARD CAPITAL MANAGEMENT LLCSCHEDULE 13G, 1 filing Jul 31, 2026⁵⁰
• VANGUARD PORTFOLIO MANAGEMENT LLCSCHEDULE 13G, 1 filing Apr 29, 2026⁵¹
• VANGUARD GROUP INCSCHEDULE 13G/A, 8 filings Feb 10, 2022 to Mar 27, 2026⁵²
• FMR LLCSCHEDULE 13G/A, 2 filings Feb 9, 2024 to May 12, 2025⁵³
• BlackRockSCHEDULE 13G/A, 6 filings Jan 26, 2022 to Apr 28, 2025⁵⁴
• PRICE T ROWE ASSOCIATES INC /MD/SC 13G/A, 3 filings Feb 14, 2022 to Jul 11, 2022⁵⁵

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How PROG Holdings, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

• Name on EDGARPROG Holdings, Inc.¹
• CIK0001808834
• Employer ID (EIN)85-2484385⁵
• Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company⁵
• Incorporated inGeorgia⁵
• Fiscal year endsDecember 31¹
• Industry code (SIC)7359 Services-Equipment Rental & Leasing, NEC¹
• SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance¹
• Business address256 W. Data Drive, Draper, UT 84020¹
• Phone(385) 351-1369¹
• Shares outstanding39,831,633 as of Jul 24, 2026¹²
• Public float$816.5M as of Jun 30, 2025⁵
• AuditorErnst & Young LLP, Salt Lake City, Utah PCAOB ID 42; it also attests to the company’s internal control over financial reporting⁵
• On EDGAR sinceApr 13, 2020¹
• Filings330 in all: 4 (155), 8-K (62), 10-Q (18), SC 13G/A (16), 3 (13), 144 (11), S-8 POS (7), 10-K (6)¹
  All 27 form types

  11-K (6), DEF 14A (6), SC TO-I/A (5), SC 13G (4), SCHEDULE 13G/A (3), 8-K/A (2), S-8 (2), SC TO-C (2), SCHEDULE 13G (2), 10-K/A (1), 424B3 (1), 8-K12B (1), CORRESP (1), DEFA14A (1), EFFECT (1), S-4 (1), S-4/A (1), SC TO-I (1), UPLOAD (1)

• Latest filingsAnnual report (10-K) Feb 18, 2026
  Quarterly report (10-Q) Jul 30, 2026
  Proxy statement (DEF 14A) Mar 26, 2026
  Latest 8-K (8-K) Aug 5, 2026

Securities registered for trading

From the cover page of the 10-K filed Feb 18, 2026 (Section 12(b) of the Exchange Act).⁵

Risk factors and legal proceedings

The risks PROG Holdings, Inc. names in Item 1A of its 10-K filed Feb 18, 2026: 47 risks under these headings, as written.⁵

• Risks Related to our Regulatory Environment, Industry and Businesses
• Our businesses are subject to extensive federal, state and local laws and regulations, including certain laws and regulations unique to the industries in which our businesses operate, that may subject them to government investigations and significant monetary penalties, remediation expenses and compliance-related burdens that may result in them changing the manner in which they operate, which may be materially adverse to several aspects of our performance.
• Progressive Leasing serves subprime consumers, and its lease-to-own business model poses inherent risks that may have a material and adverse effect on our results, financial condition, and prospects.
• Adverse macroeconomic conditions, such as inflation, a higher cost of living and elevated interest rates for extended periods, as well as other factors outside of our control, may adversely affect demand for our products and services and/or our customers' ability to make the payments they owe for such products and services.
• In an uncertain macroeconomic environment, our proprietary algorithms and decisioning tools used in approving customers may no longer be indicative of their ability to perform, which in turn may limit the ability of our businesses to manage risk, avoid lease and loan charge-offs and may result in insufficient reserves to cover actual losses.
• A large percentage of Progressive Leasing's revenue is concentrated with several key POS partners, and the loss of any of these POS partner relationships would materially and adversely affect several aspects of our performance.
• If Progressive Leasing is unable to attract additional POS partners and retain and grow its relationships with its existing POS partners, several aspects of our performance would be materially and adversely affected.
• Progressive Leasing's results depend on prominent presentation, integration, and support of their products and services by its POS partners.
• If Progressive Leasing is unable to attract new consumers and retain and grow its relationships with its existing customers, several aspects of our performance would be materially and adversely affected.
• Although Purchasing Power and Four also serve subprime and near-prime consumers, as well as customers with limited credit histories and prime consumers, their business models differ significantly from Progressive Leasing's lease-to-own business, which means each of these businesses have different risk profiles.
• Our efforts to modernize and enhance certain enterprise-wide information management systems and invest in new technologies could adversely impact our businesses and operations.
• Our inability to protect confidential, proprietary, or sensitive information, including the confidential information of our customers, may be adversely affected by cyber-attacks or similar disruptions, which may result in significant costs, litigation and reputational damage or otherwise have a material adverse impact on several aspects of our performance.

Legal proceedings

From time to time, we are party to various legal proceedings arising in the ordinary course of business. While any proceeding contains an element of uncertainty, we do not currently believe that any of the outstanding legal proceedings to which we are a party will have a material adverse impact on our business, financial position or results of operations. However, an adverse resolution of a number of these items may have a material adverse impact on our business, financial position or results of operations. For further information, see Note 10 in the accompanying consolidated financial statements under the heading "Legal Proceedings," which discussion is incorporated by reference in response to this Item 3.

The opening of Item 3, Legal Proceedings.⁵