Director Charu Jain filed a Form 4 with the SEC on October 29, 2026, disclosing the acquisition of 847 Director Deferred Stock Units in Upbound Group, Inc. (NASDAQ:UPBD) on October 27, 2026.

Key Highlights

  • Transaction: Charu Jain acquired 847 Director Deferred Stock Units on October 27, 2026, at a price of $16.99 per unit.
  • Post-transaction holdings: Following the transaction, Jain beneficially owns 30,355 Director Deferred Stock Units, held directly.
  • Unit structure: Each Director Deferred Stock Unit represents the right to receive one share of common stock, $0.01 par value per share.
  • Vesting status: According to the filing, the Director Deferred Stock Units are fully vested and non-forfeitable.
  • Settlement trigger: The filing states that common stock will be issued to Jain upon the termination of her service as a member of the issuer's board of directors.
  • Reporting relationship: Jain is identified in the filing as a Director of Upbound Group, Inc.

Charu Jain's October 2026 Director Deferred Stock Unit Award at Upbound Group

According to the Form 4 filed on October 29, 2026, Charu Jain, a director of Upbound Group, Inc. (NASDAQ:UPBD), acquired 847 Director Deferred Stock Units on October 27, 2026. The transaction is recorded in Table II of the filing, which covers derivative securities, with a transaction code of "A" indicating an acquisition. The price associated with the units is listed as $16.99.

The filing explains that each Director Deferred Stock Unit carries the right to receive one share of the issuer's common stock, which has a par value of $0.01 per share. The filing further notes that these units "are fully vested and non-forfeitable," and that the underlying common stock will be delivered to Jain only upon the termination of her service as a member of the issuer's board of directors. No expiration date or exercise price applies to the units in the conventional sense, as the conversion is contingent on board service termination rather than a fixed date.

Following the reported transaction, Jain's total beneficial ownership of Director Deferred Stock Units stands at 30,355, held directly. The Form 4 was signed by Andrew West as attorney-in-fact on October 29, 2026, and filed the same day. No non-derivative securities transactions were reported in Table I of this filing.

What Was Disclosed

Upbound Group director Charu Jain disclosed the acquisition of 847 Director Deferred Stock Units on October 27, 2026, at $16.99 each, bringing her total beneficial ownership of such units to 30,355. Settlement in common stock occurs upon board service termination.