Upbound Group (UPBD) EVP gets RSUs, shares withheld for taxes
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | COMMON STOCK | 573 | $21.36 | $12K |
| Tax Withholding | COMMON STOCK | 630 | $21.36 | $13K |
| Grant/Award | COMMON STOCK | 14,925 | $22.78 | $340K |
Footnotes (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. Includes shares of common stock and unvested restricted stock units. 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). 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).