Director Molly Langenstein filed a statement of changes in beneficial ownership with the SEC on October 29, 2026, disclosing the acquisition of 1,053 Director Deferred Stock Units in Upbound Group, Inc. (NASDAQ:UPBD) on October 27, 2026.

Key Highlights

  • Reporting person: Molly Langenstein, identified as a director of Upbound Group, Inc.
  • Security acquired: 1,053 Director Deferred Stock Units (DSUs), each representing the right to receive one share of common stock (par value $0.01 per share).
  • Transaction date: October 27, 2026, with the filing submitted on October 29, 2026.
  • Price disclosed: $16.99 per derivative security at the time of the transaction.
  • Post-transaction holdings: Langenstein beneficially owns 37,734 Director Deferred Stock Units following this transaction, held directly.
  • Vesting status: According to the filing, the Director Deferred Stock Units are "fully vested and non-forfeitable," with common stock to be issued upon termination of board service.

Langenstein's October 2026 DSU Acquisition at Upbound Group

According to the filing, Molly Langenstein, a director of Upbound Group, Inc., acquired 1,053 Director Deferred Stock Units on October 27, 2026. The transaction was recorded under Table II covering derivative securities and assigned transaction code "A," indicating an acquisition. The filing was signed by Andrew West as attorney-in-fact on October 29, 2026.

Upbound Group, Inc., traded on NASDAQ under the ticker UPBD and headquartered at 5501 Headquarters Drive, Plano, Texas 75024, is the issuer identified in the filing. The Director Deferred Stock Units are a form of equity compensation used for board members. As explained in the filing's footnote, each unit "represents the right to receive one share of the common stock, $.01 par value per share" and the shares "will be issued to the reporting person upon the termination of their service as a member of the issuer's board of directors."

Following the reported transaction, the filing discloses that Langenstein directly holds 37,734 Director Deferred Stock Units in total. The units carry a price of $16.99 as stated in the filing. The filing notes the units are "fully vested and non-forfeitable," meaning no additional service conditions apply to the units already granted.

What Was Disclosed

The filing reported a single acquisition of 1,053 Director Deferred Stock Units by Upbound Group director Molly Langenstein on October 27, 2026, at $16.99 per unit, bringing her total direct beneficial ownership to 37,734 such units.