Upbound Group (NASDAQ: UPBD) director granted 792 deferred 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 792 Director Deferred Stock Units on April 28, 2026. Each unit is fully vested, non-forfeitable, and represents one share of common stock to be issued when her board service ends. Following this grant, she holds 31,925 deferred stock units directly.
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 | 792 | $19.17 | $15K |
Holdings After Transaction:
Director Deferred Stock Unit — 31,925 shares (Direct, null)
Footnotes (1)
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Key Figures
Director Deferred Stock Units granted: 792 units
Grant reference price per unit: $19.17 per unit
Deferred stock units after transaction: 31,925 units
+1 more
4 metrics
Director Deferred Stock Units granted
792 units
Grant on April 28, 2026
Grant reference price per unit
$19.17 per unit
Director Deferred Stock Unit grant
Deferred stock units after transaction
31,925 units
Holdings following the grant
Underlying common stock per unit
1 share per unit
Each Director Deferred Stock Unit equals one common share
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
"receive one share of the common stock, $.01 par value per share, of the issuer"
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 792 Director Deferred Stock Units from Upbound Group, Inc. This grant is a compensation-related award, not an open-market trade. Each unit represents one future share of common stock, tied to her service on the company’s board.
How many deferred stock units does UPBD director Molly Langenstein hold after this grant?
After the April 28, 2026 grant, Molly Langenstein holds 31,925 Director Deferred Stock Units. These units are fully vested and non-forfeitable, providing her with the right to receive an equivalent number of Upbound Group common shares when her board service terminates.
Are Molly Langenstein’s new UPBD Director Deferred Stock Units vested immediately?
Yes. The filing states the Director Deferred Stock Units are fully vested and non-forfeitable. This means Langenstein’s rights to the underlying common stock are not subject to further service-based vesting conditions, although the actual shares are issued only when her board service ends.
When will Molly Langenstein receive UPBD common stock for these deferred units?
The filing explains that common stock corresponding to the Director Deferred Stock Units will be issued to Molly Langenstein upon termination of her service on Upbound Group’s board. Until then, the award remains in deferred unit form, already fully vested and non-forfeitable.
Does this UPBD Form 4 show a stock purchase or sale by Molly Langenstein?
No. The Form 4 reflects a grant of 792 Director Deferred Stock Units as compensation, coded as an acquisition. It does not report an open-market purchase or sale of Upbound Group common stock, and no buy or sell transaction price in the market is disclosed.