Upbound grants EVP 82,755 performance stock units

Rhea-AI Filing Summary

UPBOUND GROUP, INC. (symbol: UPBD) is the issuer of record for a Form 4 filing submitted to the SEC. Pfirrman Christopher Keith reported acquisition or exercise transactions in this Form 4 filing.

UPBOUND GROUP, INC. (UPBD) reported that EVP and General Counsel Christopher Keith Pfirrman received a grant of 82,755 performance stock units, each tied to an equivalent number of shares of common stock. This supplemental equity award is designed to promote executive retention and incentivize share price appreciation against predetermined stock price hurdles over a four-year performance period.

The performance stock units are divided into three tranches: 33% earned at a 20-trading-day average closing price of $24.18, 33% at $31.43, and 34% at $38.68. For each tranche, vesting occurs on the later of the third anniversary of the grant date, stated as September 1, 2029, and the date the applicable stock price target is achieved, subject to continued employment through the vesting date.

Insider Trade Summary

Grant/Award: 82,755 shares

Grant/Award 1 txn

Insider Pfirrman Christopher Keith

Role EVP, General Counsel

Type	Security	Shares	Price	Value
Grant/Award	PERFORMANCE STOCK UNITS F1, F2	82,755	$0.00	$0.00

Holdings After Transaction: PERFORMANCE STOCK UNITS — 82,755 contracts (Direct)

Footnotes (2)

1. F1. Represents a supplemental equity award consisting of restricted stock units and performance stock units to promote retention of key executives and to incentivize share price appreciation measured against predetermined stock prices.
2. F2. Represents the portion of the supplemental equity award granted as performance stock units, which are eligible to vest, if at all, based on the achievement of predetermined 20-trading-day average closing stock prices during a four-year performance period, subject to the reporting person's continued employment through the applicable vesting date. The performance stock units are divided into three tranches: 33% eligible to be earned upon a 20-trading-day average closing price of $24.18, 33% upon a 20-trading-day average closing price of $31.43, and 34% upon a 20-trading-day average closing price of $38.68. For each tranche, the vesting date is the later of the third anniversary of the grant date September 1, 2029, and the date the applicable stock price is attained.

Key Figures

Performance stock units granted: 82,755 units Underlying common shares: 82,755 shares Price hurdle Tranche 1: $24.18 +4 more

7 metrics

Performance stock units granted 82,755 units Grant to EVP and General Counsel on September 1, 2026

Underlying common shares 82,755 shares Shares of common stock underlying the performance stock units

Price hurdle Tranche 1 $24.18 20-trading-day average closing price threshold for 33% of the units

Price hurdle Tranche 2 $31.43 20-trading-day average closing price threshold for 33% of the units

Price hurdle Tranche 3 $38.68 20-trading-day average closing price threshold for 34% of the units

Performance period length 4 years Period over which stock price performance is measured

Announced vesting anniversary date September 1, 2029 Third anniversary of the grant date used in vesting condition

Key Terms

performance stock units, restricted stock units, 20-trading-day average closing stock prices, vesting date

4 terms

performance stock units financial

"Represents the portion of the supplemental equity award granted as performance stock units"

Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.

restricted stock units financial

"consisting of restricted stock units and performance stock units to promote retention"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

20-trading-day average closing stock prices financial

"based on the achievement of predetermined 20-trading-day average closing stock prices"

vesting date financial

"subject to the reporting person's continued employment through the applicable vesting date"

FAQ

What equity award did UPBD grant to EVP and General Counsel Christopher Pfirrman?

UPBOUND GROUP granted Christopher Keith Pfirrman a supplemental equity award of 82,755 performance stock units, each linked to common stock, as part of a retention and incentive program focused on future share price performance.

How many UPBD performance stock units were granted in this Form 4 filing?

The filing reports a grant of 82,755 performance stock units, with 82,755 underlying shares of common stock following the transaction, all held as a direct ownership position by Christopher Keith Pfirrman.

What are the stock price targets for Christopher Pfirrman’s UPBD performance stock units?

The performance stock units are split into tranches that may be earned at 20-trading-day average closing prices of $24.18 for 33% of the award, $31.43 for another 33%, and $38.68 for the remaining 34%.

Over what period are the UPBD performance stock units measured?

The performance stock units are measured over a four-year performance period, during which stock price targets must be achieved on a 20-trading-day average closing basis for each tranche to become eligible to vest.

When can the UPBD performance stock units vest for Christopher Pfirrman?

For each tranche, vesting occurs on the later of the third anniversary of the grant date, September 1, 2029, and the date the applicable stock price target is reached, and is subject to Pfirrman’s continued employment through that vesting date.

Was this UPBD Form 4 transaction made under a Rule 10b5-1 trading plan?

The filing indicates that no Rule 10b5-1 trading plan is affirmed for this transaction; it is reported as a grant or award acquisition of performance stock units rather than as an open-market trade.

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Available on EDGAR 09/02/2026 - 04:36 PM Accepted by SEC EDGAR 09/02/2026 - 04:36 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Pfirrman Christopher Keith

(Last) (First) (Middle)

5501 HEADQUARTERS DR

(Street)

PLANO TEXAS 75024

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
UPBOUND GROUP, INC. [ UPBD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, General Counsel

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
PERFORMANCE STOCK UNITS(1)	$0.00	09/01/2026		A		82,755		(2)	(2)	COMMON STOCK	82,755	$0.00	82,755	D

Explanation of Responses:

1. Represents a supplemental equity award consisting of restricted stock units and performance stock units to promote retention of key executives and to incentivize share price appreciation measured against predetermined stock prices.

2. Represents the portion of the supplemental equity award granted as performance stock units, which are eligible to vest, if at all, based on the achievement of predetermined 20-trading-day average closing stock prices during a four-year performance period, subject to the reporting person's continued employment through the applicable vesting date. The performance stock units are divided into three tranches: 33% eligible to be earned upon a 20-trading-day average closing price of $24.18, 33% upon a 20-trading-day average closing price of $31.43, and 34% upon a 20-trading-day average closing price of $38.68. For each tranche, the vesting date is the later of the third anniversary of the grant date September 1, 2029, and the date the applicable stock price is attained.

	/s/ Andrew West, attorney-in-fact	09/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)