Upbound director granted 1,546 deferred stock units
Jain Charu reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Jain Charu reported acquisition or exercise transactions in this Form 4 filing.
UPBOUND GROUP, INC. director Charu Jain received a grant of 1,546 Director Deferred Stock Units at an assigned value of $21.22 per unit. Each unit represents the right to receive one share of common stock, $0.01 par value, and is fully vested and non-forfeitable.
The underlying common stock will be issued to the director after their service on the board ends. Following this grant, the director holds a total of 26,819 deferred stock units, reflecting routine equity-based board compensation rather than an open-market trade.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Director Deferred Stock Unit | 1,546 | $21.22 | $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
underlying security financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did UPBD director Charu Jain report on this Form 4?
How many UPBD deferred stock units does Charu Jain hold after this grant?
What does each Director Deferred Stock Unit for UPBD represent?
Is the UPBD Form 4 for Charu Jain a stock purchase or a compensation award?
When will UPBD common stock tied to these deferred units be issued to Charu Jain?
AI-generated analysis. How Rhea-AI works. Not financial advice.