Upbound Group (UPBD) director receives 1,334 deferred 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 1,334 Director Deferred Stock Units on April 28, 2026 as compensation. Each unit represents the right to receive one share of common stock at a later date.
The units are fully vested and non-forfeitable, and will be settled in common stock when Marino’s service on the board ends. After this award, he holds a total of 64,258 deferred stock units directly.
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 | 1,334 | $19.17 | $26K |
Holdings After Transaction:
Director Deferred Stock Unit — 64,258 shares (Direct, null)
Footnotes (1)
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Key Figures
Deferred stock units granted: 1,334 units
Grant value per unit: $19.17 per unit
Total deferred units after grant: 64,258 units
+2 more
5 metrics
Deferred stock units granted
1,334 units
Director Deferred Stock Units granted on April 28, 2026
Grant value per unit
$19.17 per unit
Reference price for Director Deferred Stock Unit grant
Total deferred units after grant
64,258 units
Director Deferred Stock Units held directly following this transaction
Common stock per unit
1 share per unit
Each Director Deferred Stock Unit converts into one common share
Common stock par value
$0.01 per share
Par value of UPBOUND GROUP, INC. common stock
Key Terms
Director Deferred Stock Unit, fully vested and non-forfeitable, common stock, $.01 par value per share, termination of their service
4 terms
Director Deferred Stock Unit financial
"Each Director Deferred Stock Unit represents the right to receive one share of the common stock"
fully vested and non-forfeitable financial
"The Director Deferred Stock Units are fully vested and non-forfeitable."
termination of their service financial
"The Common Stock will be issued to the reporting person upon the termination of their service"
FAQ
What insider transaction did UPBD director Glenn P. Marino report?
Glenn P. Marino reported receiving 1,334 Director Deferred Stock Units as a compensation grant. These units are derivative securities that convert into common stock later, rather than an open-market stock purchase or sale. The grant is coded as an acquisition on Form 4.
How many deferred stock units does Glenn P. Marino now hold in UPBD?
Following the April 28, 2026 grant, Glenn P. Marino holds 64,258 Director Deferred Stock Units directly. This total includes the newly awarded 1,334 units, reflecting his accumulated deferred equity compensation from service on UPBOUND GROUP, INC.’s board of directors.
What does a Director Deferred Stock Unit mean for UPBD insiders?
A Director Deferred Stock Unit gives the right to receive one share of UPBOUND GROUP, INC. common stock in the future. For this grant, each unit is fully vested and non-forfeitable, aligning director compensation with shareholder value through future stock delivery instead of immediate cash.
When will Glenn P. Marino receive UPBD common stock for these deferred units?
The common stock underlying Glenn P. Marino’s Director Deferred Stock Units will be issued after his service on the board ends. The filing states the shares are delivered upon termination of his service as a member of the issuer’s board of directors, not immediately at grant.
What price per unit is associated with Glenn P. Marino’s UPBD deferred stock grant?
The grant reflects a value of $19.17 per Director Deferred Stock Unit for 1,334 units. While this is not an open-market purchase price, it indicates the reference value used for this equity-based compensation award to the UPBOUND GROUP, INC. director.