Blasquez Anthony J 4
Research Summary
AI-generated summary
Upbound Group (UPBD) EVP Anthony Blasquez Withholds 485 Shares for Taxes
What Happened
- Anthony J. Blasquez, Executive Vice President — Retail and Consumer (EVP-RAC) at Upbound Group, had 485 shares withheld to cover taxes related to time-based restricted stock units that vested on February 26, 2026. The withheld shares are reported at $21.54 each, totaling $10,447.
- This was a tax-withholding disposition (not an open-market sale); such withholdings are routine when RSUs vest.
Key Details
- Transaction date: 2026-02-26; Filing date: 2026-02-27 (timely).
- Transaction type: F — payment of tax liability via share withholding (485 shares × $21.54 = $10,447).
- Footnote F1: Withheld shares cover taxes for RSUs that vested upon completion of two years of continuous employment from the grant date (Feb 26, 2024).
- Footnote F2: Holdings reported include shares of common stock and unvested RSUs (no post-transaction total shares reported in the filing).
- Not a 10b5-1 sale or open-market transaction; this is an administrative withholding.
Context
- Tax-withholding on vested RSUs is common and does not necessarily indicate a view on the company’s prospects—shares are retained by the company/broker to satisfy tax obligations rather than sold in the market by the insider.
- For investors, purchase transactions tend to signal stronger insider conviction than routine withholdings; treat this filing as a standard compensation-related tax event.