Upbound director awarded 1,700 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 1,700 Director Deferred Stock Units at a reference value of $21.22 per unit. These units are fully vested, non-forfeitable, and each represents the right to receive one share of common stock.
After this award, Langenstein holds a total of 33,625 Director Deferred Stock Units. The underlying common shares will be issued to her when her service on the company’s board of directors ends.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Director Deferred Stock Unit | 1,700 | $21.22 | $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
fully vested financial
non-forfeitable financial
common stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did UPBD director Molly Langenstein report on this Form 4?
How many UPBD deferred stock units does Molly Langenstein hold after this grant?
What does a Director Deferred Stock Unit mean for UPBD insiders?
Was the UPBD director’s Form 4 transaction a market buy or sell?
When will Molly Langenstein receive the UPBD common stock underlying these units?
AI-generated analysis. How Rhea-AI works. Not financial advice.