[Form 4] Upbound Group, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Upbound Group, Inc. (UPBD) – Form 4 filing dated 07/09/2025

Director Charu Jain reported one transaction on 07/08/2025 involving 176 Director Deferred Stock Units (DSUs) under the company’s non-employee director compensation plan. The transaction was coded “A” (acquisition) and carries an indicated price of $25.66 per underlying share. Each DSU is fully vested, non-forfeitable and converts into one share of common stock when the director’s board service ends.

Following the grant, Jain’s total beneficial ownership of derivative securities tied to UPBD common stock stands at 10,737 DSUs, held directly. No common shares were sold or otherwise disposed of, and no additional derivative instruments were reported.

The filing represents a routine, board-level equity award; it does not announce any corporate events, operational changes or earnings information. Market impact is expected to be minimal.

Positive

• Director-shareholder alignment: Charu Jain modestly increased her equity exposure with 176 fully vested DSUs, reinforcing board-level commitment to shareholder value.

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine director DSU grant; negligible market impact.

The Form 4 discloses a standard equity award to Director Charu Jain—176 fully vested DSUs priced at $25.66, lifting her total to 10,737 units. Such grants are part of regular board compensation and neither dilute materially nor signal insider sentiment beyond ongoing alignment with shareholders. No purchases of open-market common shares or sales occurred, and the small size relative to UPBD’s float renders the disclosure neutral for valuation or liquidity considerations.

SEC Form 4

FORM 4

UNITED 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^*

Jain Charu

(Last) (First) (Middle)

5501 HEADQUARTERS DRIVE

(Street)

PLANO TX 75024

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
UPBOUND GROUP, INC. [ UPBD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/08/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Director Deferred Stock Unit	(1)	07/08/2025		A		176		(1)	(1)	COMMON STOCK	176	$25.66	10,737	D

Explanation of Responses:

1. 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-fact	07/09/2025
	** Signature of Reporting Person	Date
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.

FAQ

What did UPBD director Charu Jain report in the latest Form 4?

She acquired 176 Director Deferred Stock Units on 07/08/2025, each convertible into one share of UPBD common stock.

How many shares does Charu Jain now beneficially own?

After the transaction, Jain holds 10,737 DSUs tied to UPBD common shares.

Was the transaction a purchase or sale of UPBD stock?

It was an acquisition (code "A") of deferred stock units; no common shares were sold.

What is the reported price per underlying share for the DSUs?

The Form 4 lists an indicative price of $25.66 per share.

Do the reported DSUs vest over time?

No. The filing states the units are fully vested and non-forfeitable at grant.

When will the DSUs convert into common shares?

UPBD will issue common stock after Jain’s board service ends, per the deferred stock plan.