Jain Charu 4
4 · UPBOUND GROUP, INC. · Filed Jul 9, 2026
Research Summary
AI-generated summary of this filing
UPBOUND GROUP (UPBD) Director Charu Jain Receives Award
What Happened
Charu Jain, a director of Upbound Group, received an award of 600 Director Deferred Stock Units (derivative securities) on July 7, 2026. The units were priced at $20.53 each, for a total grant value of $12,318. This filing reports an award/acquisition (code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-07-07; Form 4 filed: 2026-07-09.
- Instrument: 600 Director Deferred Stock Units (derivative), $20.53 per unit, total value $12,318.
- Shares owned after transaction: Not specified in this Form 4.
- Footnote (F1): Each Director Deferred Stock Unit represents the right to receive one share of common stock. The units are fully vested and non-forfeitable and will be issued to the reporting person upon termination of their board service.
- Transaction type: Award/Grant (compensatory), not a market buy or sale.
Context
Director Deferred Stock Units are a common form of board compensation and represent a future right to shares rather than immediate share ownership. Because the units are payable upon termination of board service and are fully vested, this filing documents compensation rather than a directional bet on the stock; it should not be interpreted as a buy/sell signal by itself.
Insider Transaction Report
- Award
Director Deferred Stock Unit
[F1]2026-07-07$20.53/sh+600$12,318→ 27,419 total→ COMMON STOCK (600 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.