Michael T. Pugh, an insider of Elevate Credit, Inc., just received 87,209 restricted shares from the company. The restricted shares don't become available to Pugh until such time as they become vested. Pugh now owns at least 87,209 restricted shares of the company.
Some additional info was provided as follows:
Each restricted stock unit ("RSU") represents a contingent right to receive one share of Elevate Credit, Inc. common stock.
The RSUs were granted on September 15, 2021. One-third (1/3) of the applicable RSUs vest on each anniversary of September 15, 2021 such that the RSUs shall be fully vested on September 15, 2024.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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