Upbound director granted 4,602 deferred stock units
BROWN JEFFREY J reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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Rhea-AI Filing Summary
BROWN JEFFREY J reported acquisition or exercise transactions in this Form 4 filing.
UPBOUND GROUP, INC. director Jeffrey J. Brown reported receiving a grant of Director Deferred Stock Units as part of his board compensation. He was awarded 4,602 units, each tied to one share of common stock at a reference value of $21.22 per unit. Following this award, Brown holds a total of 170,159 deferred stock units directly. The units are fully vested and non-forfeitable, and the underlying common shares will be issued to him after his service on the board ends.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Director Deferred Stock Unit | 4,602 | $21.22 | $98K |
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
fully vested and non-forfeitable financial
Common Stock financial
Grant, award, or other acquisition financial
termination of their service financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did UPBOUND GROUP (UPBD) director Jeffrey J. Brown report?
Is Jeffrey J. Brown’s Form 4 transaction in UPBD a buy or a sale?
How many UPBOUND GROUP deferred stock units does Jeffrey J. Brown hold after this grant?
When will the UPBOUND GROUP (UPBD) common stock underlying these deferred stock units be issued?
Are the Director Deferred Stock Units reported by UPBD’s director vested?
AI-generated analysis. How Rhea-AI works. Not financial advice.