BROWN JEFFREY J 4
4 · UPBOUND GROUP, INC. · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Upbound (UPBD) Director Jeffrey J. Brown Receives 4,602 Deferred Shares
What Happened
Jeffrey J. Brown, a director of Upbound Group, Inc. (UPBD), was granted 4,602 Director Deferred Stock Units on 2026-07-01. The units were reported at an imputed price of $21.22 each, representing a total value of approximately $97,654. These are derivative awards (transaction code A) — rights to receive common stock in the future, not open-market purchases.
Key Details
- Transaction date: 2026-07-01; Form 4 filed 2026-07-02 (appears timely).
- Award: 4,602 Director Deferred Stock Units @ $21.22; total value ≈ $97,654.
- Nature: Derivative grant — each unit entitles the holder to one share of common stock when issued.
- Footnote: Units are fully vested and non-forfeitable; common stock will be issued upon termination of Brown’s board service.
- Shares owned after transaction: Not specified in this filing.
- Remarks: Power of Attorney listed as an exhibit.
Context
Director Deferred Stock Units are a form of director compensation that convert to shares later (here, upon termination of board service). Because these units are fully vested and non-forfeitable, the award secures future share delivery rather than representing an immediate market purchase or sale. Such grants are routine compensation and do not necessarily signal the director is buying or selling stock now.
Insider Transaction Report
- Award
Director Deferred Stock Unit
[F1]2026-07-01$21.22/sh+4,602$97,654→ 170,159 total→ COMMON STOCK (4,602 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.