UPBOUND GROUP, INC.·4

Apr 2, 4:36 PM ET

MARINO GLENN P 4

Research Summary

AI-generated summary

Updated

UPBOUND (UPBD) Director Glenn Marino Receives 1,801-Unit Award

What Happened

  • Glenn P. Marino, a director of UPBOUND GROUP, INC. (UPBD), received an award of 1,801 Director Deferred Stock Units on 2026-04-01.
  • The units are reported at $18.05 each, for a total reported value of $32,508. This was an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-04-01; Filing date (Form 4): 2026-04-02 (timely filing).
  • Award: 1,801 Director Deferred Stock Units at $18.05 per unit = $32,508 (derivative).
  • Shares owned after transaction: Not specified in this filing.
  • Footnote: Each Director Deferred Stock Unit equals the right to receive one common share. Units are fully vested and non‑forfeitable; the actual common shares will be issued to Marino upon termination of his board service.
  • Transaction type code: A = Award/Grant (derivative).

Context

  • These Director Deferred Stock Units are a form of director compensation and, because they are deferred and convertible to common stock only upon termination of board service, they do not represent an immediate purchase or sale of shares. Awards to directors are routine and do not by themselves indicate current buying or selling sentiment.