🧠 At a Glance
Ashwini Gupta, a non-executive director at Encore Capital Group Inc (NASDAQ: ECPG), just added 725 shares to his retirement portfolio. Price paid? A clean $37.90/share. But wait — it’s not a panic buy or YOLO swing. These are deferred stock units (DSUs), the kind of gift-wrap equity that unlocks after you’re off the board and sipping margaritas in Maui.
👤 Who is Ashwini Gupta?
Ashwini Gupta isn’t your average insider. He’s a former executive from American Express, sits on multiple boards, and makes his money not by trading options — but by being on them. In this case, he’s a director at Encore Capital Group, a company in the business of debt recovery (ironically, now also handing out shares in deferred compensation).
And yes, he doesn’t technically “buy” these shares — he receives them for board duty.
📈 What Did He
Get?
🔍 Transaction Details
| Field | Value |
|---|---|
| 👤 Insider | Ashwini Gupta |
| 🏛️ Role | Director (non-employee) |
| 🏢 Company | Encore Capital Group Inc (ECPG) |
| 📆 Transaction Date | June 1, 2025 |
| 💰 Type | Acquisition (Code A) |
| 📦 Shares Acquired | 725 Common Stock (DSUs) |
| 💵 Price | $37.90/share |
| 📊 Holdings After | 97,634 shares (directly owned) |
Form Filed: June 2, 2025
Signature: By Attorney-in-Fact (because obviously, real insiders don’t fill out paperwork)
🧾 What Are Deferred Stock Units?
This isn’t your normal “buy-low, sell-high” operation.
Deferred Stock Units (DSUs) are like the slow-cooked biryani of equity compensation:
- You get them now.
- You don’t own the shares (yet).
- You can’t sell them.
- They convert into actual shares after you leave the board.
- In this case: 5 years post-departure from the board.
So yes — Ashwini Gupta just secured shares that won’t hit his demat till possibly 2030
