Upbound Group (UPBD) EVP reports stock award and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Upbound Group, Inc. executive vice president Anthony J. Blasquez reported equity award activity in company stock. On February 10, 2026, he acquired 10,966 shares of common stock at $20.70 per share as a grant tied to performance-based restricted stock units. On the same date, 2,997 shares were withheld at $20.70 per share to cover taxes, a non-market disposition. After these transactions, he directly owned 40,480 shares. The company’s relative total shareholder return over the three-year period ending December 31, 2025 ranked in the 33rd percentile, causing 50% of the related performance-based units to vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Blasquez Anthony J
Role
EVP-RAC
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 10,966 | $20.70 | $227K |
| Tax Withholding | COMMON STOCK | 2,997 | $20.70 | $62K |
Holdings After Transaction:
COMMON STOCK — 43,477 shares (Direct)
Footnotes (1)
- The Company's relative TSR over the three-year measurement period ending December 31, 2025, established in connection with performance-based restricted stock units granted to the reporting person on February 24, 2023, ranked in the 33rd percentile, resulting in the vesting of 50% of such performance-based restricted stock units. Includes shares of common stock and unvested restricted stock units. Number of shares withheld to cover taxes with respect to performance-based restricted stock units which vested on February 10, 2026.
FAQ
What did Upbound Group (UPBD) executive Anthony J. Blasquez report in this Form 4?
Anthony J. Blasquez reported a stock grant and related tax withholding. He received 10,966 shares of Upbound Group common stock and had 2,997 shares withheld to pay taxes, leaving him with 40,480 directly owned shares after the transactions.
Was the Upbound Group (UPBD) Form 4 transaction an open-market stock purchase or sale?
The filing shows a grant and tax withholding, not open-market trading. Blasquez acquired 10,966 shares through an award and disposed of 2,997 shares only to cover tax obligations tied to the vesting of performance-based restricted stock units.
What triggered the vesting of performance-based restricted stock units in Upbound Group (UPBD)?
Vesting was triggered by Upbound Group’s relative total shareholder return performance. Over the three-year period ending December 31, 2025, TSR ranked in the 33rd percentile, which resulted in 50% of the performance-based restricted stock units granted in February 2023 vesting.
What does the tax withholding transaction mean in the Upbound Group (UPBD) Form 4?
The tax withholding means shares were surrendered to meet tax obligations on vested equity. Specifically, 2,997 shares of Upbound Group common stock were withheld in connection with performance-based restricted stock units that vested on February 10, 2026, instead of paying taxes in cash.
What equity award did Upbound Group (UPBD) grant to Anthony J. Blasquez?
He received shares tied to performance-based restricted stock units granted on February 24, 2023. Based on the company’s three-year total shareholder return performance, 50% of those units vested, resulting in an award of 10,966 Upbound Group common shares on February 10, 2026.