Form 4: Upbound Group EVP, CHRO Transient C Taylor Reports Stock Transactions

Transient C Taylor, EVP, CHRO of Upbound Group, Inc., reports acquisition and disposal of common stock related to vesting of performance-based restricted stock units.

Summary

• On February 11, 2025, Transient C Taylor, EVP, CHRO of Upbound Group, Inc., acquired 8,805 shares of common stock at $29.50 per share due to the vesting of performance-based restricted stock units.
• The vesting was based on the company's relative TSR ranking in the 45th percentile over a three-year period ending December 31, 2024, resulting in 75% vesting of the units granted on February 25, 2022.
• Taylor also disposed of 3,681 shares at $29.50 per share to cover taxes related to the vested restricted stock units.
• Following these transactions, Taylor beneficially owns 19,775 shares of Upbound Group, Inc.
• The report was signed by Bryan Pechersky, attorney-in-fact, on February 13, 2025.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it primarily reports stock transactions related to executive compensation. The vesting of stock units based on TSR performance is a slightly positive indicator.

Positives

• The vesting of performance-based restricted stock units indicates that the company achieved a certain level of performance relative to its peers, as the TSR ranked in the 45th percentile.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. This filing provides transparency into the transactions of Upbound Group's EVP, CHRO.

Stakeholder Impact

• The stock transactions of a high-ranking executive can be of interest to shareholders as it provides insight into management's perspective on the company's performance and future prospects.

Key Dates