Upbound director granted 1,818 deferred stock units
Jain Charu reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Jain Charu reported acquisition or exercise transactions in this Form 4 filing.
Upbound Group director Charu Jain received a grant of 1,818 Director Deferred Stock Units, each priced at $18.05. These units are fully vested and non-forfeitable and represent the right to receive one share of common stock for each unit.
Following this grant, Jain holds 24,646 Director Deferred Stock Units. The underlying common stock will be issued only after Jain’s service on the board ends, so this filing reflects compensation rather than an immediate market transaction.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Director Deferred Stock Unit | 1,818 | $18.05 | $33K |
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
par value financial
termination of their service financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did UPBD director Charu Jain report?
How many Upbound Group (UPBD) units does Charu Jain hold after this grant?
What is a Director Deferred Stock Unit for UPBD?
Was the UPBD insider transaction a market buy or sell?
When will Charu Jain receive Upbound Group common stock for these units?
AI-generated analysis. How Rhea-AI works. Not financial advice.