UPBOUND GROUP (UPBD) EVP Blasquez reports 485-share RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
UPBOUND GROUP, INC. executive Anthony J. Blasquez, EVP-RAC, reported a tax-related share disposition tied to vesting equity. On February 26, 2026, 485 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 from the February 26, 2024 grant date.
After this withholding transaction, Blasquez beneficially owned 53,717 shares of common stock, which the disclosure states includes both common shares and unvested restricted stock units. This Form 4 reflects a tax-withholding disposition rather than an open-market buy or sell.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Blasquez Anthony J
Role
EVP-RAC
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | COMMON STOCK | 485 | $21.54 | $10K |
Holdings After Transaction:
COMMON STOCK — 53,717 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 (UPBD) report for Anthony J. Blasquez?
UPBOUND GROUP reported that EVP-RAC Anthony J. Blasquez had 485 common shares withheld to cover taxes on vesting restricted stock units. The transaction occurred at $21.54 per share and is reported as a tax-withholding disposition, not an open-market trade.
What type of Form 4 transaction code was used in the UPBOUND GROUP (UPBD) filing?
The filing uses transaction code F, described as “Payment of exercise price or tax liability by delivering securities.” This indicates a tax-withholding disposition, where shares are withheld to satisfy tax obligations tied to equity awards rather than sold in the open market.
What equity award triggered the tax withholding for UPBOUND GROUP (UPBD) EVP Blasquez?
The tax withholding was triggered by time-based restricted stock units that vested on February 26, 2026. According to the disclosure, these units vested upon completion of two years of continuous employment from their original grant date of February 26, 2024.