Jain Charu 4
4 · UPBOUND GROUP, INC. · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Upbound Group Director Charu Jain Receives 1,546-Share Award
What Happened
Charu Jain, a director of Upbound Group, Inc. (UPBD), was granted 1,546 Director Deferred Stock Units on July 1, 2026. The filing records an acquisition (code A) at a per-unit value of $21.22, representing a total grant value of approximately $32,806. This is an award/derivative grant—not an open-market purchase or sale.
Key Details
- Transaction date: 2026-07-01; Form 4 filed: 2026-07-02 (timely filing).
- Transaction type/code: Award/Grant (A); derivative grant of 1,546 Director Deferred Stock Units.
- Price/value: $21.22 per unit; total reported value ≈ $32,806.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: Each Director Deferred Stock Unit represents the right to one share of common stock. Units are fully vested and non-forfeitable; actual shares will be issued upon termination of the reporting person’s board service.
- Remark: Power of Attorney referenced as an exhibit.
Context
Director Deferred Stock Units are a non-cash compensation mechanism: although fully vested, they are rights to future shares rather than immediately issued stock. Because shares are issued only upon termination of board service, this grant does not reflect an immediate buy or sell and is generally routine director compensation rather than a direct trading signal.
Insider Transaction Report
- Award
Director Deferred Stock Unit
[F1]2026-07-01$21.22/sh+1,546$32,806→ 26,819 total→ COMMON STOCK (1,546 underlying)
Footnotes (1)
- [F1]Each Director Deferred Stock Unit represents the right to receive one share of the common stock, $.01 par value per share, of the issuer ("Common Stock"). The Director Deferred Stock Units are fully vested and non-forfeitable. The Common Stock will be issued to the reporting person upon the termination of their service as a member of the issuer's board of directors.