Upbound director Brown buys 2,329 UPBD shares
UPBOUND GROUP, INC. director Jeffrey J. Brown increased his indirect and deferred equity stake in the company.
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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.
Insider Trade Summary
| 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 |
Footnotes (5)
- F1. 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.
- F2. 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.
- F3. 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.
- F4. The shares are held in a brokerage account maintained by Brown Equity Partners, LLC, which is owned by the reporting person.
- F5. 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.
Key Figures
Key Terms
Director Deferred Stock Unit financial
dividend reinvestment feature financial
brokerage account financial
Living Trust financial
fully vested and non-forfeitable financial
FAQ
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