LANGENSTEIN MOLLY 4
4 · UPBOUND GROUP, INC. · Filed Apr 30, 2026
Research Summary
AI-generated summary of this filing
Upbound (UPBD) Director Molly Langenstein Receives 792-Share Award
What Happened
Molly Langenstein, a director of Upbound Group, Inc. (UPBD), was granted 792 Director Deferred Stock Units on 2026-04-28. The award is recorded at $19.17 per unit, for a total reported value of $15,183. This was an award/settlement of derivative units (not an open-market purchase or sale).
Key Details
- Transaction date: 2026-04-28; reported on Form 4 filed 2026-04-30. No late filing is indicated.
- Instrument & amount: 792 Director Deferred Stock Units, $19.17 per unit (aggregate $15,183).
- Shares owned after transaction: not reported in this filing.
- Footnote: Each Director Deferred Stock Unit represents the right to receive one share of common stock. The units are fully vested and non-forfeitable; common stock will be issued upon termination of the reporting person’s board service.
- Transaction code: A (award/grant/other acquisition); derivative transaction (not a cash purchase).
Context
Director Deferred Stock Units are a form of compensation that give the holder the right to receive shares later (here, upon leaving the board). Because these units are fully vested and will convert to shares only at board termination, this award does not represent an immediate cash purchase or sale of stock and should be viewed as non-market compensation rather than a direct insider buy/sell signal.
Insider Transaction Report
- Award
Director Deferred Stock Unit
[F1]2026-04-28$19.17/sh+792$15,183→ 31,925 total→ COMMON STOCK (792 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.