STOCK TITAN

Upbound Group (UPBD) director adds shares and 2,636 deferred units

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

Rhea-AI Filing Summary

UPBOUND GROUP, INC. director Jeffrey J. Brown increased his indirect and deferred equity stake in the company. Through Brown Equity Partners, LLC and the Jeffrey J. Brown Living Trust, he made open-market dividend reinvestment purchases totaling 2,329 shares of common stock at $19.41 per share. He also received a grant of 2,636 fully vested Director Deferred Stock Units, each representing one share of common stock to be delivered after his board service ends. Following these transactions, the trust and LLC together hold over 118,000 common shares indirectly, and Brown holds 165,557 Director Deferred Stock Units directly.

Positive

  • None.

Negative

  • None.
Insider BROWN JEFFREY J
Role null
Bought 2,329 shs ($45K)
Type Security Shares Price Value
Grant/Award Director Deferred Stock Unit 2,636 $19.17 $51K
Purchase COMMON STOCK 461 $19.41 $9K
Purchase COMMON STOCK 1,868 $19.41 $36K
Holdings After Transaction: Director Deferred Stock Unit — 165,557 shares (Direct, null); COMMON STOCK — 23,399 shares (Indirect, by the Jeffrey J Brown Living Trust)
Footnotes (1)
  1. The shares were purchased pursuant to a dividend reinvestment feature of a brokerage account maintained by the Jeffrey J Brown Living Trust, of which the reporting person is the sole trustee and sole beneficiary. The shares are held in a brokerage account maintained by the Jeffrey J Brown Living Trust, of which the reporting person is the sole trustee and sole beneficiary. The shares were purchased pursuant to a dividend reinvestment feature of a brokerage account maintained by Brown Equity Partners, LLC, which is owned by the reporting person. The shares are held in a brokerage account maintained by Brown Equity Partners, LLC, which is owned by the reporting person. 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.
Shares bought via LLC 1,868 shares Brown Equity Partners, LLC dividend reinvestment on 2026-04-28
Shares bought via trust 461 shares Jeffrey J. Brown Living Trust dividend reinvestment on 2026-04-28
Total shares purchased 2,329 shares Combined open-market dividend reinvestment purchases
Purchase price $19.41 per share Common stock dividend reinvestment transactions
Director Deferred Stock Units granted 2,636 units Fully vested grant on 2026-04-28
Deferred units after grant 165,557 units Director Deferred Stock Units held directly after transaction
LLC holdings after purchase 94,840 shares Common stock held by Brown Equity Partners, LLC
Trust holdings after purchase 23,399 shares Common stock held by the Jeffrey J. Brown Living Trust
Director Deferred Stock Unit financial
"Each Director Deferred Stock Unit represents the right to receive one share of the common stock"
dividend reinvestment feature financial
"The shares were purchased pursuant to a dividend reinvestment feature of a brokerage account"
brokerage account financial
"The shares are held in a brokerage account maintained by the Jeffrey J Brown Living Trust"
Living Trust financial
"a brokerage account maintained by the Jeffrey J Brown Living Trust, of which the reporting person is the sole trustee and sole beneficiary"
fully vested and non-forfeitable financial
"The Director Deferred Stock Units are fully vested and non-forfeitable"
SEC Form 4
FORM 4UNITED 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*
BROWN JEFFREY J

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

(Street)
PLANO TEXAS 75024

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
UPBOUND GROUP, INC. [ UPBD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/28/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
COMMON STOCK04/28/2026P(1)461A$19.4123,399Iby the Jeffrey J Brown Living Trust(2)
COMMON STOCK04/28/2026P(3)1,868A$19.4194,840Iby Brown Equity Partners, LLC(4)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Director Deferred Stock Unit(5)04/28/2026A2,636 (5) (5)COMMON STOCK2,636$19.17165,557D
Explanation of Responses:
1. The shares were purchased pursuant to a dividend reinvestment feature of a brokerage account maintained by the Jeffrey J Brown Living Trust, of which the reporting person is the sole trustee and sole beneficiary.
2. The shares are held in a brokerage account maintained by the Jeffrey J Brown Living Trust, of which the reporting person is the sole trustee and sole beneficiary.
3. The shares were purchased pursuant to a dividend reinvestment feature of a brokerage account maintained by Brown Equity Partners, LLC, which is owned by the reporting person.
4. The shares are held in a brokerage account maintained by Brown Equity Partners, LLC, which is owned by the reporting person.
5. 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.
Remarks:
/s/ Bryan Pechersky, attorney-in-fact04/30/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did UPBD director Jeffrey J. Brown do in this Form 4 filing?

Director Jeffrey J. Brown increased his economic exposure to UPBD. He bought 2,329 common shares via dividend reinvestment and received 2,636 Director Deferred Stock Units as a fully vested equity award tied to his board service.

How many UPBOUND GROUP (UPBD) shares did Brown buy and at what price?

Brown-related entities acquired 2,329 UPBD common shares. The purchases, made via dividend reinvestment plans, were executed at a price of $19.41 per share, increasing indirect holdings in a trust and an LLC he controls.

What are the Director Deferred Stock Units reported for UPBD?

Brown received 2,636 Director Deferred Stock Units. Each unit represents the right to receive one UPBD common share, is fully vested and non-forfeitable, and will convert into common stock when his service on the company’s board of directors ends.

How are Jeffrey J. Brown’s UPBD shares held after these transactions?

UPBD shares are held indirectly through two vehicles. Brown Equity Partners, LLC holds 94,840 common shares and the Jeffrey J. Brown Living Trust holds 23,399 shares, both maintained in brokerage accounts associated with Brown as owner, trustee, or beneficiary.

When will Brown receive common shares underlying the UPBD deferred units?

The common shares underlying the deferred units will be delivered later. According to the terms, UPBD will issue one share of common stock for each Director Deferred Stock Unit when Brown’s service as a member of the company’s board of directors terminates.

Are the UPBD Director Deferred Stock Units subject to vesting conditions?

The Director Deferred Stock Units reported for UPBD are already fully vested. The filing notes that the units are fully vested and non-forfeitable, with timing of share delivery based solely on the end of Brown’s board service, not performance conditions.