UPBOUND Group (UPBD) EVP Wooters receives 17,910-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wooters Rebecca reported acquisition or exercise transactions in this Form 4 filing.
UPBOUND GROUP, INC. executive Rebecca Wooters, EVP and Chief Growth Officer, received an equity grant of 17,910 shares of common stock in the form of restricted stock units valued at $22.78 per share. These RSUs vest in equal one-third installments on February 23 of each of the next three years, contingent on her continued employment. After this award, she directly holds 17,910 shares, including common stock and unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wooters Rebecca
Role
EVP, Chief Growth Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 17,910 | $22.78 | $408K |
Holdings After Transaction:
COMMON STOCK — 17,910 shares (Direct)
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.
FAQ
What insider transaction did UPBD executive Rebecca Wooters report?
Rebecca Wooters reported receiving a grant of 17,910 restricted stock units in UPBOUND GROUP, INC. This is an equity-based compensation award, not an open-market stock purchase or sale, and reflects part of her long-term incentive package tied to continued employment.
Is the UPBD Form 4 transaction a stock purchase or a grant?
The UPBD Form 4 shows a grant, not a market purchase. Wooters acquired 17,910 shares as restricted stock units under a compensation plan, classified as a grant, award, or other acquisition rather than buying shares on the open market with personal funds.
How do the 17,910 UPBD restricted stock units vest for Rebecca Wooters?
The 17,910 restricted stock units vest in three equal annual installments. One-third vests on February 23 of each of the next three years, provided Wooters remains continuously employed by UPBOUND GROUP, INC. on each scheduled vesting date under the grant terms.
At what price were the UPBD restricted stock units valued in this grant?
The 17,910 restricted stock units were valued at $22.78 per share for reporting purposes. This price is used to calculate the notional value of the equity award and does not represent a cash transaction or open-market trade by the executive.
Does the UPBD Form 4 indicate any stock sales by Rebecca Wooters?
The Form 4 does not report any stock sales by Wooters. It shows only an acquisition coded as a grant, award, or other acquisition of restricted stock units, with no disposition or sale transactions disclosed in this particular insider filing.