Upbound director awarded 600 deferred stock units
Jain Charu reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Jain Charu reported acquisition or exercise transactions in this Form 4 filing.
UPBOUND GROUP director Charu Jain received a grant of deferred stock units as board compensation. On this Form 4, Jain was awarded 600 Director Deferred Stock Units at 20.5300 per unit, increasing direct deferred holdings to 27,419 units.
Each Director Deferred Stock Unit is fully vested and non-forfeitable and represents the right to receive one share of Upbound Group common stock. The underlying common shares will be issued to Jain only after their service on the board of directors ends.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Director Deferred Stock Unit | 600 | $20.53 | $12K |
Footnotes (1)
- F1. 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
fully vested and non-forfeitable financial
grant, award, or other acquisition financial
underlying security financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did UPBD director Charu Jain report on this Form 4?
How many deferred stock units does UPBD director Charu Jain now hold?
When will Charu Jain receive UPBD common stock from these deferred stock units?
Are Charu Jain’s UPBD Director Deferred Stock Units vested or subject to forfeiture?
Does this UPBD Form 4 show a market purchase or sale by Charu Jain?
AI-generated analysis. How Rhea-AI works. Not financial advice.