Upbound director granted 2,000 deferred stock units
LANGENSTEIN MOLLY reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
LANGENSTEIN MOLLY reported acquisition or exercise transactions in this Form 4 filing.
UPBOUND GROUP, INC. director Molly Langenstein received a grant of 2,000 Director Deferred Stock Units at $18.05 per unit. Each unit represents the right to receive one share of common stock with $0.01 par value. The units are fully vested and non-forfeitable. The common stock will be issued to her after her service on the board ends, and she holds 31,133 units following this grant.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Director Deferred Stock Unit | 2,000 | $18.05 | $36K |
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
Common Stock financial
fully vested and non-forfeitable financial
par value financial
board of directors financial
FAQ
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What insider transaction did UPBD director Molly Langenstein report?
What is a Director Deferred Stock Unit for UPBD?
At what price were Molly Langenstein’s UPBD deferred units valued?
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