Upbound director granted 1,531 deferred stock units
MARINO GLENN P reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Director Deferred Stock Unit | 1,531 | $21.22 | $32K |
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
Common Stock financial
par value financial
non-forfeitable financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did UPBOUND GROUP (UPBD) report for Glenn P. Marino?
How many deferred stock units does Glenn P. Marino hold in UPBD after this grant?
Is the UPBOUND GROUP (UPBD) director’s new stock unit award fully vested?
What does each Director Deferred Stock Unit represent for UPBD’s director?
Was the UPBD director’s Form 4 transaction an open-market stock purchase or sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.