Upbound director granted 758 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 758 Director Deferred Stock Units. Each unit represents the right to receive one share of common stock with $0.01 par value and is fully vested and non-forfeitable. The common shares will be issued to her when her service on the board ends. Following this award, she is credited with 34,383 units tied to the company’s common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Director Deferred Stock Unit | 758 | $20.53 | $16K |
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
Common Stock financial
par value financial
fully vested financial
non-forfeitable financial
FAQ
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What insider transaction did UPBD director Molly Langenstein report on this Form 4?
What is a Director Deferred Stock Unit in the UPBD Form 4 filing?
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