UPBOUND GROUP (UPBD) CEO granted 86,918 RSUs, stock withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
UPBOUND GROUP, INC. director and Chief Executive Officer Karam Fahmi reported equity compensation and related tax-withholding activity in common stock of the company. On February 23, 2026, he acquired 86,918 restricted stock units at $22.78 per share as a grant that vests in three equal annual installments starting February 23 of the next three years, contingent on continued employment.
On February 24, 2026, a total of 3,670 and 6,112 shares of common stock were withheld at $21.36 per share to cover tax liabilities associated with time-based restricted stock units that vested on that date, rather than being open‑market sales. Following these transactions, Fahmi directly held 255,716 shares, including unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Karam Fahmi
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | COMMON STOCK | 3,670 | $21.36 | $78K |
| Tax Withholding | COMMON STOCK | 6,112 | $21.36 | $131K |
| Grant/Award | COMMON STOCK | 86,918 | $22.78 | $1.98M |
Holdings After Transaction:
COMMON STOCK — 261,828 shares (Direct)
Footnotes (1)
- Represents restricted stock units which vest annually in one-third increments on February 23 of each of the next three years provided that the reporting person has been continuously employed by the issuer as of each such vesting date. Includes shares of common stock and unvested restricted stock units. Number of shares withheld to cover taxes with respect to time-based restricted stock units which vested on February 24, 2026 (upon completion of three years of continuous employment from grant date of February 24, 2023). Number of shares withheld to cover taxes with respect to time-based restricted stock units which vested on February 24, 2026 (upon completion of one year of continuous employment from grant date of February 24, 2025).
FAQ
What insider transactions did UPBD CEO Karam Fahmi report on this Form 4?
Karam Fahmi reported one equity grant and two tax-withholding dispositions. He received 86,918 restricted stock units on February 23, 2026, and had 3,670 and 6,112 shares withheld on February 24, 2026 to cover taxes on vested restricted stock units.
Were the UPBD CEO’s dispositions in this Form 4 open-market stock sales?
No, the dispositions were tax-withholding events, not open-market sales. On February 24, 2026, 3,670 and 6,112 shares of common stock were withheld at $21.36 per share to satisfy tax obligations on time-based restricted stock units that had just vested.
What is the vesting schedule for the 86,918 UPBD restricted stock units granted to the CEO?
The 86,918 restricted stock units vest in three equal annual installments. They vest on February 23 of each of the next three years, provided that Karam Fahmi remains continuously employed by UPBOUND GROUP through each vesting date, according to the footnote disclosure.
What does transaction code F mean in the UPBD CEO’s Form 4 filing?
Transaction code F indicates shares used to pay taxes or exercise costs. In this case, shares of UPBOUND GROUP common stock were withheld to cover tax liabilities arising from the vesting of time-based restricted stock units on February 24, 2026.