Upbound Group (UPBD) CEO disposes 1,211 shares for RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Upbound Group, Inc. director and Chief Executive Officer Karam Fahmi reported a tax-related share disposition. On February 26, 2026, 1,211 shares of common stock were withheld at $21.54 per share to cover taxes on time-based restricted stock units that vested after two years of continuous employment.
Following this tax-withholding disposition, Fahmi directly held 254,505 shares of Upbound Group common stock, which the filing states includes both common shares and unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Karam Fahmi
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | COMMON STOCK | 1,211 | $21.54 | $26K |
Holdings After Transaction:
COMMON STOCK — 254,505 shares (Direct)
Footnotes (1)
- Number of shares withheld to cover taxes with respect to time-based restricted stock units which vested on February 26, 2026 (upon completion of two years of continuous employment from grant date of February 26, 2024). Includes shares of common stock and unvested restricted stock units.
FAQ
What insider transaction did UPBOUND GROUP, INC. (UPBD) report for Karam Fahmi?
UPBOUND GROUP, INC. reported that CEO and director Karam Fahmi had 1,211 shares of common stock withheld to cover taxes on vested restricted stock units. This was a tax-withholding disposition, not an open-market purchase or sale.
On what date did the reported UPBD insider tax-withholding transaction occur?
The tax-withholding disposition for UPBOUND GROUP, INC. occurred on February 26, 2026. On that date, 1,211 shares of common stock were withheld to satisfy tax obligations tied to time-based restricted stock units that vested after two years of employment.
Was the UPBD insider transaction a market sale or tax withholding event?
The transaction was a tax-withholding disposition, not a market sale. Shares were withheld to pay tax liabilities on time-based restricted stock units that vested, consistent with the Form 4 description and accompanying footnote explanation.
What triggered the vesting of restricted stock units for UPBD’s CEO?
The restricted stock units vested upon completion of two years of continuous employment from the February 26, 2024 grant date. This vesting on February 26, 2026 led to the tax-withholding disposition of 1,211 UPBOUND GROUP, INC. shares.