LANGENSTEIN MOLLY 4
4 · UPBOUND GROUP, INC. · Filed Jul 9, 2026
Research Summary
AI-generated summary of this filing
Upbound Group Director Molly Langenstein Receives 758-Unit Award
What Happened Molly Langenstein, a director of Upbound Group, Inc. (UPBD), was granted 758 Director Deferred Stock Units on July 7, 2026. The units are recorded at $20.53 each, for a notional value of $15,562. This transaction is an award (code A) — not an open-market purchase or sale — and represents a right to receive common stock in the future.
Key Details
- Transaction date: 2026-07-07; Grant price: $20.53 per unit; Total notional value: $15,562.
- Transaction type: Award / Derivative (Director Deferred Stock Units).
- Shares owned after transaction: Not disclosed in the Form 4 filing.
- Filing date: 2026-07-09 — appears to have been filed within the typical 2-business-day window.
- Footnote: Each Director Deferred Stock Unit equals the right to one share of common stock; units are fully vested and non-forfeitable and will be issued upon termination of board service (see footnote F1).
Context Director deferred stock units are a common form of board compensation and are different from immediate stock purchases — they represent a future entitlement to shares and may not convey current share ownership or immediate sale proceeds. Because this was an award (not a buy or sell), it should be viewed as routine compensation rather than a direct signal of the director’s near-term trading intent.
Insider Transaction Report
- Award
Director Deferred Stock Unit
[F1]2026-07-07$20.53/sh+758$15,562→ 34,383 total→ COMMON STOCK (758 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.