BROWN JEFFREY J 4

What Happened Jeffrey J. Brown, a director of Upbound Group, Inc., received a grant of 5,410 Director Deferred Stock Units on April 1, 2026. The units are valued at $18.05 each, for a total grant value of $97,651. This was an award/compensation grant (derivative), not an open-market purchase.

Key Details

• Transaction date and type: April 1, 2026 — Grant/Award of Director Deferred Stock Units (code A).
• Price/value: 5,410 units × $18.05 = $97,651 total.
• Shares owned after transaction: Not reported in this filing.
• Footnote: Each Director Deferred Stock Unit represents the right to receive one common share. Units are fully vested and non-forfeitable; the common stock will be issued upon the reporting person’s termination of board service.
• Filing timeliness: Form 4 filed April 2, 2026 (transaction reported the next day) — appears timely.

Context This was a compensation award (deferred stock units) rather than a purchase or sale of shares. Because the units convert to common stock only upon the director’s termination of service, the grant reflects deferred compensation and does not represent an immediate change in the company’s public float or an open-market investment by the director.