Form 4: UPBOUND Director Glenn Marino Acquires Deferred Stock Units
Insider Transaction Report
UPBOUND Group Director Glenn Marino acquired 1,090 deferred stock units, increasing his beneficial ownership to 61,123 units.
Summary
- Glenn P. Marino, a Director of UPBOUND GROUP, INC. (UPBD), acquired 1,090 Director Deferred Stock Units.
- The transaction date for this acquisition was January 6, 2026.
- Each Director Deferred Stock Unit represents the right to receive one share of the issuer's common stock ($0.01 par value per share).
- These units are fully vested and non-forfeitable.
- The common stock will be issued to Mr. Marino upon the termination of his service as a member of the issuer's board of directors.
- Following this transaction, Mr. Marino beneficially owns 61,123 derivative securities (Director Deferred Stock Units).
- The price of the derivative security at the time of acquisition was $17.64 per unit.
Sentiment
Score: 7
Explanation: The acquisition of deferred stock units by a director is generally viewed positively as it indicates continued alignment of interests with shareholders and confidence in the company's long-term value, even if it's part of a compensation plan.
Positives
- A director's acquisition of additional equity, even deferred units, generally signals confidence in the company's future prospects and aligns their interests with those of shareholders.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.
Industry Context
Form 4 filings are standard disclosures for insider transactions, providing transparency into equity movements by company directors and officers. The acquisition of deferred stock units by a director is a common form of equity compensation and aligns the director's interests with shareholders.
Related Party Transactions
- Acquisition of 1,090 Director Deferred Stock Units by Glenn P. Marino, a director, as part of his compensation, representing the right to receive common stock upon termination of service.
Stakeholder Impact
- Shareholders: The transaction increases the director's equity stake, potentially enhancing alignment between management and shareholder interests.
Next Steps
- The common stock underlying the Director Deferred Stock Units will be issued to Glenn P. Marino upon the termination of his service as a member of UPBOUND GROUP, INC.'s board of directors.
Key Dates
| Date | Description |
|---|---|
| 01/06/2026 | Date of transaction for the acquisition of Director Deferred Stock Units. |
| 01/08/2026 | Date the Form 4 was signed by Bryan Pechersky, attorney-in-fact for Glenn P. Marino. |
Keywords
UPBOUND Group, UPBD, Form 4, Insider Transaction, Director, Deferred Stock Units, Equity Compensation, Glenn Marino
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.