Jain Charu 4

What Happened
Jain Charu, a director of Upbound Group, Inc. (UPBD), received a grant of 1,818 Director Deferred Stock Units on 2026-04-01. The units are recorded at $18.05 each for a total value of $32,815. This was an award/derivative grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-01; filing date: 2026-04-02 (filed timely).
• Grant: 1,818 Director Deferred Stock Units at $18.05 per unit; total value $32,815.
• Security type: Derivative units that represent the right to one share each (fully vested and non-forfeitable).
• Shares owned after transaction: Not disclosed in the Form 4 filing.
• Footnote: Units will be converted into common stock and issued to the reporting person upon termination of board service (per filing footnote).

Context
Director Deferred Stock Units are a form of compensation that entitles the holder to receive shares later (here, upon leaving the board). Such awards are common for board members and do not reflect an immediate purchase or sale of shares; they should be interpreted as compensation, not necessarily a direct signal of near-term insider buying or selling.