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Upbound Group (UPBD) EVP gets RSUs, shares withheld for taxes

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

UPBOUND GROUP, INC. executive vice president Anthony J. Blasquez reported equity compensation changes involving company common stock. On February 23, 2026, he acquired 14,925 restricted stock units at $22.78 per share as a grant that vests in one-third increments on February 23 of each of the next three years, subject to continued employment.

On February 24, 2026, 573 shares and 630 shares of common stock were withheld at $21.36 per share to cover taxes on time-based restricted stock units that vested from prior grants dated February 24, 2023 and February 24, 2025. Following these transactions, his directly held common stock and unvested restricted stock units totaled 54,202 shares.

Positive

  • None.

Negative

  • None.

Insights

Routine RSU grant with related tax share withholding; overall impact is neutral.

Anthony J. Blasquez, an executive vice president at Upbound Group, received a grant of 14,925 restricted stock units on February 23, 2026 at $22.78 per share. The award vests in equal annual thirds over the next three years, contingent on his continued employment.

On February 24, 2026, the filing shows dispositions of 573 and 630 shares at $21.36 per share under code F, which indicates shares were withheld to satisfy tax obligations on previously granted time-based RSUs that vested. These are not open-market sales and are typical mechanics of equity compensation.

After the grant and tax withholdings, Blasquez’s directly held common stock and unvested RSUs total 54,202 shares, as noted in the footnotes. This pattern suggests standard executive equity compensation and tax treatment rather than a directional view on the stock, so it does not materially change the broader investment picture.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Blasquez Anthony J

(Last) (First) (Middle)
5501 HEADQUARTERS DRIVE

(Street)
PLANO TX 75024

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
UPBOUND GROUP, INC. [ UPBD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP-RAC
3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
COMMON STOCK 02/23/2026 A 14,925(1) A $22.78 55,405(2) D
COMMON STOCK 02/24/2026 F 573(3) D $21.36 54,832(2) D
COMMON STOCK 02/24/2026 F 630(4) D $21.36 54,202(2) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents restricted stock units which vest annually in one-third increments on February 23 of each of the next three years provided that the reporting person has been continuously employed by the issuer as of each such vesting date.
2. Includes shares of common stock and unvested restricted stock units.
3. Number of shares withheld to cover taxes with respect to time-based restricted stock units which vested on February 24, 2026 (upon completion of three years of continuous employment from grant date of February 24, 2023).
4. Number of shares withheld to cover taxes with respect to time-based restricted stock units which vested on February 24, 2026 (upon completion of one year of continuous employment from grant date of February 24, 2025).
Remarks:
/s/ Bryan Pechersky, attorney-in-fact 02/25/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did UPBOUND GROUP (UPBD) report for Anthony J. Blasquez?

UPBOUND GROUP reported that EVP Anthony J. Blasquez received a grant of 14,925 restricted stock units on February 23, 2026. The next day, 573 and 630 shares were withheld to cover taxes on previously granted time-based RSUs that vested.

How do the new restricted stock units for UPBD executive Anthony Blasquez vest?

The 14,925 restricted stock units granted to Anthony Blasquez vest annually in one-third increments on February 23 of each of the next three years. Vesting requires that he remain continuously employed by UPBOUND GROUP through each applicable vesting date.

Were the UPBD insider share dispositions open-market sales?

No, the filing classifies both dispositions as code F tax-withholding transactions. A total of 573 and 630 shares of common stock were withheld on February 24, 2026 to satisfy tax obligations tied to vesting time-based restricted stock units, not discretionary market sales.

What is Anthony Blasquez’s total UPBOUND GROUP (UPBD) equity position after these Form 4 transactions?

After the reported grant and tax-withholding dispositions, Anthony Blasquez holds 54,202 shares of UPBOUND GROUP common stock and unvested restricted stock units. A footnote clarifies that this figure includes both outstanding common shares and unvested RSUs credited to him.

Which prior UPBD equity grants were involved in the February 24, 2026 tax withholdings?

The tax-withholding dispositions relate to time-based restricted stock units granted on February 24, 2023 and February 24, 2025. Those RSUs vested on February 24, 2026 after meeting their continuous employment requirements, triggering share withholdings to cover associated tax liabilities.
UPBOUND GRP INC

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Software - Application
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United States
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