Upbound EVP reports vesting of 6,615 shares
Upbound Group EVP and CHRO Taylor Transient C reported equity award activity tied to prior performance-based restricted stock units.
Rhea-AI Filing Summary
Upbound Group EVP and CHRO Taylor Transient C reported equity award activity tied to prior performance-based restricted stock units. On February 10, 2026, 6,615 shares of common stock vested at $20.70 per share after the company’s relative TSR over the three-year period ending December 31, 2025 ranked in the 33rd percentile, leading to 50% vesting of those performance-based units.
To cover taxes on the vesting, 2,936 shares were withheld at $20.70 per share. After these transactions, Transient directly beneficially owned 24,578 shares of Upbound Group common stock, including both common shares and unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 6,615 | $20.70 | $137K |
| Exercise Price or Tax Liability | COMMON STOCK | 2,936 | $20.70 | $61K |
Footnotes (3)
- F1. 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.
- F2. Includes shares of common stock and unvested restricted stock units.
- F3. Number of shares withheld to cover taxes with respect to performance-based restricted stock units which vested on February 10, 2026.
FAQ
What insider transaction did UPBD EVP Taylor Transient report on this Form 4?
What performance result triggered the vesting of UPBD performance-based units?
What do the transaction codes A and F mean in this UPBD Form 4?
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