UPBOUND GROUP (UPBD) EVP has 459 shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
UPBOUND GROUP, INC. executive Bryan J. Pechersky, EVP, General Counsel and Corporate Secretary, reported a Form 4 transaction involving company common stock. On February 26, 2026, 459 shares of common stock were withheld to cover taxes related to time-based restricted stock units that vested after two years of continuous employment from a February 26, 2024 grant.
Following this tax-withholding disposition, Pechersky’s direct holdings totaled 43,924 shares of common stock, which the filing notes include both common shares and unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pechersky Bryan J
Role
EVP, GC and Corp Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | COMMON STOCK | 459 | $21.54 | $10K |
Holdings After Transaction:
COMMON STOCK — 43,924 shares (Direct)
Footnotes (1)
- Number of shares withheld to cover taxes with respect to time-based restricted stock units which vested on February 26, 2026 (upon completion of two years of continuous employment from grant date of February 26, 2024). Includes shares of common stock and unvested restricted stock units.
FAQ
What insider transaction did UPBOUND GROUP (UPBD) report for Bryan J. Pechersky?
UPBOUND GROUP reported that EVP and General Counsel Bryan J. Pechersky had 459 common shares withheld. These shares covered taxes due on time-based restricted stock units that vested after two years of continuous employment from a February 26, 2024 grant.
Was the UPBD insider Form 4 transaction an open-market sale?
No, the Form 4 for UPBOUND GROUP shows a tax-withholding disposition, not an open-market sale. Code F indicates shares were withheld by the company to satisfy tax obligations on vested restricted stock units, rather than sold on the open market.
What do the vested restricted stock units in the UPBD Form 4 relate to?
The vested restricted stock units relate to a time-based award granted on February 26, 2024. They vested on February 26, 2026 after two years of continuous employment, triggering the withholding of 459 shares to cover associated tax obligations for Bryan J. Pechersky.
How is the UPBD Form 4 transaction coded and what does it mean?
The transaction is coded F, meaning a tax-withholding disposition. This indicates UPBOUND GROUP withheld 459 shares from Bryan J. Pechersky to pay the exercise price or tax liability tied to vested restricted stock units, rather than him executing a discretionary market trade.