Upbound Group COO receives 160,858 performance shares

The units are eligible to vest only upon continued employment and achievement of specified 20-trading-day average closing-price hurdles.

Rhea-AI Filing Summary

Upbound Group, Inc. (UPBD) reported that EVP and Chief Operating Officer Scott A. Young received a supplemental award of 160,858 performance stock units on October 1, 2026. The units are eligible to vest, if at all, based on predetermined 20-trading-day average closing prices during a four-year performance period and Young’s continued employment through each applicable vesting date. The award has three price tranches: 33% at $24.18, 33% at $31.43 and 34% at $38.68. Each tranche’s vesting date is the later of September 1, 2029, and the date its price condition is attained.

Insider Trade Summary

Grant/Award: 160,858 shares

Grant/Award 1 txn

Insider Young Scott A.

Role EVP, Chief Operating Officer

Type	Security	Shares	Price	Value
Grant/Award	PERFORMANCE STOCK UNITS F1, F2	160,858	$0.00	$0.00

Holdings After Transaction: PERFORMANCE STOCK UNITS — 160,858 contracts (Direct)

Footnotes (2)

1. F1. Represents a supplemental equity award consisting of performance stock units to promote retention of key executives and to incentivize share price appreciation measured against predetermined stock prices.
2. F2. Represents the portion of the supplemental equity award granted as performance stock units, which are eligible to vest, if at all, based on the achievement of predetermined 20-trading-day average closing stock prices during a four-year performance period, subject to the reporting person's continued employment through the applicable vesting date. The performance stock units are divided into three tranches: 33% eligible to be earned upon a 20-trading-day average closing price of $24.18, 33% upon a 20-trading-day average closing price of $31.43, and 34% upon a 20-trading-day average closing price of $38.68. For each tranche, the vesting date is the later of September 1, 2029, and the date the applicable stock price is attained.

Key Figures

Performance stock units awarded: 160,858 performance stock units Performance price threshold: $24.18 Performance price threshold: $31.43 +3 more

6 metrics

Performance stock units awarded 160,858 performance stock units Awarded October 1, 2026

Performance price threshold $24.18 20-trading-day average closing price; 33% tranche

Performance price threshold $31.43 20-trading-day average closing price; 33% tranche

Performance price threshold $38.68 20-trading-day average closing price; 34% tranche

Performance period Four years Period for achieving the stated stock-price conditions

Earliest stated vesting date September 1, 2029 Each tranche’s vesting date is the later of this date and the date its price condition is attained

Key Terms

performance stock units, 20-trading-day average closing prices, tranches, performance period, +1 more

5 terms

performance stock units financial

"supplemental equity award consisting of performance stock units"

Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.

20-trading-day average closing prices financial

"achievement of predetermined 20-trading-day average closing stock prices"

tranches financial

"The performance stock units are divided into three tranches"

Tranches are portions or slices of a larger financing deal—such as a loan, bond issue, or equity round—that are released at different times or under different conditions. For investors they matter because each tranche can carry different risk, interest or payout terms and may be paid only if certain targets are met; think of funding as slices of a cake handed out as progress is made.

performance period financial

"during a four-year performance period"

The performance period is the specific time span over which an investment’s results, an employee’s targets, or a fund’s returns are measured and judged. It matters to investors because the length and start/end of that window determine which gains or losses count toward performance fees, bonus payouts, or benchmark comparisons—much like timing a race decides who wins, the chosen period can change whether results look strong or weak.

vesting date financial

"the date the applicable stock price is attained"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many performance stock units did UPBD COO Scott A. Young receive?

Scott A. Young, EVP and Chief Operating Officer, received 160,858 performance stock units on October 1, 2026, as a supplemental equity award.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/02/2026 - 04:30 PM Accepted by SEC EDGAR 10/02/2026 - 04:30 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Young Scott A.

(Last) (First) (Middle)

5501 HEADQUARTERS DR

(Street)

PLANO TEXAS 75024

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
UPBOUND GROUP, INC. [ UPBD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Chief Operating Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
PERFORMANCE STOCK UNITS(1)	$0.00	10/01/2026		A		160,858		(2)	(2)	COMMON STOCK	160,858	$0	160,858	D

Explanation of Responses:

1. Represents a supplemental equity award consisting of performance stock units to promote retention of key executives and to incentivize share price appreciation measured against predetermined stock prices.

2. Represents the portion of the supplemental equity award granted as performance stock units, which are eligible to vest, if at all, based on the achievement of predetermined 20-trading-day average closing stock prices during a four-year performance period, subject to the reporting person's continued employment through the applicable vesting date. The performance stock units are divided into three tranches: 33% eligible to be earned upon a 20-trading-day average closing price of $24.18, 33% upon a 20-trading-day average closing price of $31.43, and 34% upon a 20-trading-day average closing price of $38.68. For each tranche, the vesting date is the later of September 1, 2029, and the date the applicable stock price is attained.

	/s/ Andrew West, attorney-in-fact	10/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)