Upbound Group (NASDAQ: UPBD) director receives 1,700 deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LANGENSTEIN MOLLY
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Director Deferred Stock Unit | 1,700 | $21.22 | $36K |
Holdings After Transaction:
Director Deferred Stock Unit — 33,625 shares (Direct, null)
Footnotes (1)
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Key Figures
Deferred stock units granted: 1,700 units
Grant reference price: $21.22 per unit
Total deferred units after grant: 33,625 units
+1 more
4 metrics
Deferred stock units granted
1,700 units
Director Deferred Stock Unit grant on 2026-07-01
Grant reference price
$21.22 per unit
Director Deferred Stock Unit award value
Total deferred units after grant
33,625 units
Holdings following reported transaction
Underlying common stock
1,700 shares
Common stock issuable for this award upon board service termination
Key Terms
Director Deferred Stock Unit, fully vested, non-forfeitable, common stock
4 terms
Director Deferred Stock Unit financial
"Each Director Deferred Stock Unit represents the right to receive one share of the common stock..."
fully vested financial
"The Director Deferred Stock Units are fully vested and non-forfeitable."
non-forfeitable financial
"The Director Deferred Stock Units are fully vested and non-forfeitable."
common stock financial
"Each Director Deferred Stock Unit represents the right to receive one share of the common stock..."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did UPBD director Molly Langenstein report on this Form 4?
Molly Langenstein reported receiving 1,700 Director Deferred Stock Units as a compensation award. Each unit represents a right to one share of UPBOUND GROUP common stock, to be delivered after her board service ends.
How many UPBD deferred stock units does Molly Langenstein hold after this grant?
Following the grant, Molly Langenstein holds 33,625 Director Deferred Stock Units. This total includes the newly awarded 1,700 units and will convert into an equal number of common shares when her board service with UPBOUND GROUP concludes.
What does a Director Deferred Stock Unit mean for UPBD insiders?
A Director Deferred Stock Unit is a fully vested, non-forfeitable right to receive one share of UPBOUND GROUP common stock. The common shares are issued only after the director’s service on the board ends, aligning compensation with long-term company performance.
Was the UPBD director’s Form 4 transaction a market buy or sell?
The Form 4 shows a grant of 1,700 Director Deferred Stock Units, not a market trade. It is classified as a grant or award acquisition, reflecting stock-based compensation rather than an open-market purchase or sale of UPBOUND GROUP shares.
When will Molly Langenstein receive the UPBD common stock underlying these units?
The common stock underlying the 1,700 Director Deferred Stock Units will be issued when Molly Langenstein’s service on the UPBOUND GROUP board ends. Until then, she holds the vested, non-forfeitable right to receive one share of common stock for each unit.