Upbound Group (UPBD) director adds shares and 2,636 deferred units
Filing Impact
Filing Sentiment
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 Trade Summary
Net Buyer: 2,329 shares ($45,206)
Net Buy
3 txns
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)
- 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.
Key Figures
Shares bought via LLC: 1,868 shares
Shares bought via trust: 461 shares
Total shares purchased: 2,329 shares
+5 more
8 metrics
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
Key Terms
Director Deferred Stock Unit, dividend reinvestment feature, brokerage account, Living Trust, +1 more
5 terms
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"
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.
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.
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.