Upbound Group (UPBD) director receives 1,531 fully vested stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MARINO GLENN P reported acquisition or exercise transactions in this Form 4 filing.
UPBOUND GROUP, INC. director Glenn P. Marino received a grant of 1,531 Director Deferred Stock Units at a reference price of $21.22 per unit. 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 shares of common stock will be issued to him after his service on the board ends. Following this award, he directly holds 65,789 deferred stock units linked to the company’s common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MARINO GLENN P
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Director Deferred Stock Unit | 1,531 | $21.22 | $32K |
Holdings After Transaction:
Director Deferred Stock Unit — 65,789 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Director Deferred Stock Units granted: 1,531 units
Reference price per unit: $21.22 per unit
Deferred stock units after grant: 65,789 units
+1 more
4 metrics
Director Deferred Stock Units granted
1,531 units
Grant on 2026-07-01 to Glenn P. Marino
Reference price per unit
$21.22 per unit
Director Deferred Stock Unit grant
Deferred stock units after grant
65,789 units
Total Director Deferred Stock Units held after transaction
Underlying common shares
1,531 shares
Common stock underlying new Director Deferred Stock Units
Key Terms
Director Deferred Stock Unit, Common Stock, par value, non-forfeitable
4 terms
Director Deferred Stock Unit financial
"Each Director Deferred Stock Unit represents the right to receive one share of the common stock"
Common Stock financial
"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.
par value financial
"common stock, $.01 par value per share, of the issuer"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
non-forfeitable financial
"The Director Deferred Stock Units are fully vested and non-forfeitable."
FAQ
What insider transaction did UPBOUND GROUP (UPBD) report for Glenn P. Marino?
UPBOUND GROUP reported that director Glenn P. Marino received 1,531 Director Deferred Stock Units. These units are part of his board compensation and each unit is tied to one share of common stock, delivered after his board service ends.
How many deferred stock units does Glenn P. Marino hold in UPBD after this grant?
After this grant, Glenn P. Marino holds 65,789 Director Deferred Stock Units in UPBOUND GROUP. This total reflects all such units credited to him, each linked to one future share of common stock upon his board service termination.
Is the UPBOUND GROUP (UPBD) director’s new stock unit award fully vested?
Yes, the Director Deferred Stock Units granted to Glenn P. Marino are fully vested and non-forfeitable. This means he has earned the right to receive the corresponding common shares once his service on the board of directors ends.
What does each Director Deferred Stock Unit represent for UPBD’s director?
Each Director Deferred Stock Unit represents the right to receive one share of UPBOUND GROUP common stock with a par value of $0.01. The common shares tied to these units will be delivered to the director after he leaves the company’s board.
Was the UPBD director’s Form 4 transaction an open-market stock purchase or sale?
The Form 4 for UPBOUND GROUP shows a grant of Director Deferred Stock Units to Glenn P. Marino, not an open-market trade. It is a compensation-related award, classified as a grant or other acquisition rather than a market purchase or sale.