Upbound Group director Brown gets 3,433 stock rights
A director's common-stock purchases were held through a living trust and an LLC he owns, using dividend reinvestment features.
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Rhea-AI Filing Summary
Upbound Group, Inc. director Jeffrey J. Brown acquired 3,433 Director Deferred Stock Units on October 27, 2026. Each unit represents the right to receive one common share; the units are fully vested and non-forfeitable, and the shares will be issued when his board service ends. His reported direct position afterward was 182,336 units.
On October 27, 2026, the Jeffrey J. Brown Living Trust purchased 547 shares at $17.01 per share through a dividend reinvestment feature, and Brown Equity Partners, LLC purchased 2,217 shares at $17.01 per share through a dividend reinvestment feature. Reported holdings afterward were 24,400 shares in the trust account and 98,898 shares held by the LLC. No Rule 10b5-1 plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Director Deferred Stock Unit F5 | 3,433 | $16.99 | $58K |
| Purchase | Common Stock F1, F2 | 547 | $17.01 | $9K |
| Purchase | Common Stock F3, F4 | 2,217 | $17.01 | $38K |
Footnotes (5)
- F1. The shares were purchased pursuant to a dividend reinvestment feature of a brokerage account maintained by the Jeffrey J Brown Living Trust, of which the reporting person is the sole trustee and sole beneficiary.
- F2. The shares are held in a brokerage account maintained by the Jeffrey J Brown Living Trust, of which the reporting person is the sole trustee and sole beneficiary.
- F3. The shares were purchased pursuant to a dividend reinvestment feature of a brokerage account maintained by Brown Equity Partners, LLC, which is owned by the reporting person.
- F4. The shares are held in a brokerage account maintained by Brown Equity Partners, LLC, which is owned by the reporting person
- F5. 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
dividend reinvestment feature financial
fully vested and non-forfeitable financial
FAQ
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What are the terms of Jeffrey J. Brown's UPBD deferred stock unit award?
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