Laura Olle - Jun 16, 2023 Form 4 Insider Report for ENCORE CAPITAL GROUP INC (ECPG)

Role
Director
Signature
/s/ Michael Chin, Attorney-in-Fact for Laura Olle
Stock symbol
ECPG
Transactions as of
Jun 16, 2023
Transactions value $
-$50,638
Form type
4
Date filed
6/20/2023, 06:18 PM
Previous filing
Jun 22, 2022
Next filing
Jun 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ECPG Common Stock Award $0 +2.97K +10.62% $0.00 30.9K Jun 16, 2023 Direct F1
transaction ECPG Common Stock Sale -$50.6K -1.04K -3.36% $48.69 29.9K Jun 20, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Grant to the reporting person under the 2017 Incentive Award Plan for service on the Board of Directors of Encore Capital Group, Inc.
F2 The sale transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 24, 2023 as part of the reporting person's financial planning for tax purposes.