Balaji Kumar, Executive Vice President and Chief Technology Officer of Upbound Group, Inc., filed a Form 4 with the SEC on November 4, 2026, disclosing a purchase of common stock on November 2, 2026.

Key Highlights

  • Reporting person: Kumar Balaji, EVP and Chief Technology Officer of Upbound Group, Inc. (NASDAQ:UPBD)
  • Transaction: Acquisition (transaction code P) of 2,200 shares of common stock on November 2, 2026
  • Price paid: $22.77 per share
  • Post-transaction holdings: 16,949 securities beneficially owned directly following the transaction
  • Holdings composition: The 16,949 figure includes shares of common stock and unvested restricted stock units, according to the filing
  • Ownership form: Direct ownership

Balaji Kumar's Open-Market Purchase of Upbound Group Common Stock

According to the Form 4 filed on November 4, 2026, Kumar Balaji, who serves as Executive Vice President and Chief Technology Officer of Upbound Group, Inc. (NASDAQ:UPBD), acquired 2,200 shares of the company's common stock on November 2, 2026, at a price of $22.77 per share. The transaction code recorded is "P," indicating an open-market purchase. The filing was signed by Andrew West as attorney-in-fact.

Following the reported transaction, the filing states that Balaji beneficially owned 16,949 securities directly. A footnote in the filing clarifies that this total "includes shares of common stock and unvested restricted stock units." No derivative securities transactions were reported in Table II of the filing.

The filing does not indicate that the transaction was made pursuant to a Rule 10b5-1(c) plan, as the corresponding checkbox on the form was not checked. The form was filed individually, not jointly with any other reporting person. Upbound Group, Inc. is headquartered at 5501 Headquarters Dr, Plano, Texas 75024, which is also the address listed for the reporting person.

What Was Disclosed

Kumar Balaji, EVP and Chief Technology Officer of Upbound Group, filed a Form 4 disclosing a purchase of 2,200 shares of common stock at $22.77 per share on November 2, 2026, resulting in direct beneficial ownership of 16,949 securities, including unvested restricted stock units.