CoverageForm 410-K10-Q8-K13D13G13F

UPBD Upbound Group, Inc. - 8-K

Accession
0001104659-26-069652
5.025.079.01

Item 5.02 - Departure/Election of Directors or Certain Officers

339 words

Item 5.02 Departure of Directors
or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On
June 2, 2026, Upbound Group, Inc. (the “Company”) held its 2026 Annual Meeting of Stockholders (the “Annual Meeting”).
At the Annual Meeting, the Company’s stockholders approved the Upbound Group, Inc. 2026 Long-Term Incentive Plan (the “2026
LTIP”), in which directors, officers (including its named executive officers), employees, consultants and other personnel of the
Company or a subsidiary are eligible to participate. Upon approval of the 2026 LTIP, no additional awards may be granted under the Company’s
Amended 2021 Long-Term Incentive Plan (the “2021 LTIP”) and all shares remaining for future issuance pursuant to the 2021
LTIP were cancelled. The 2026 LTIP, as amended by the First Amendment, authorizes the issuance of up to 4,590,636
shares of Company common stock, which reflects the 4,700,000 shares originally authorized under the 2026 LTIP, reduced by the number of
shares granted under the 2021 LTIP during the period from March 11, 2026 through June 2, 2026. A description of the 2026 LTIP was included
in the Company’s definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on April 21, 2026
(the “Proxy Statement”), in the section titled “Proposal Five: Approval of the Upbound Group, Inc. 2026 Long-Term Incentive
Plan”. This description was updated by the Company’s definitive additional materials on Schedule 14A filed with the Securities and Exchange Commission on May 19, 2026 (the “Proxy Supplement”), which included the Company’s commitment to reduce
the number of shares available under the 2026 LTIP by any shares granted under the 2021 LTIP during the period from March 11, 2026 through
the 2026 LTIP's approval by stockholders. The descriptions of the 2026 LTIP contained herein and in the Proxy Statement and Proxy Supplement
are qualified in their entirety by reference to the full text of the 2026 LTIP and the First Amendment to the 2026 LTIP, which are attached
hereto as Exhibits 10.1 and 10.2, respectively, and incorporated herein by reference.

Item 5.07 - Submission of Matters to a Vote of Security Holders

406 words

Item 5.07 Submission of Matters
to a Vote of Security Holders.

At the Annual Meeting, the Company’s stockholders
voted on five matters: (1) the election or re-election of the directors nominated by the Company’s board of directors (the “Board”),
(2) the ratification of the Audit & Risk Committee’s selection of Deloitte & Touche LLP as the Company’s independent
registered public accounting firm for the year ending December 31, 2026, (3) the advisory vote on the compensation of the named executive
officers of the Company for the year ended December 31, 2025, (4) the advisory vote on the frequency of future advisory votes on the compensation
of the named executive officers of the Company, and (5) the approval of the 2026 LTIP. The final voting results for each proposal are
set forth below.

Proposal
One: Having received more than a majority of votes cast at the meeting, each of the individuals named below was re-elected
as a director:

Nominee

Votes For

Votes Against

Abstentions

Broker Non-Votes

Jeffrey Brown

41,070,290

1,129,349

102,097

9,344,512

Charu Jain

41,811,163

378,373

112,200

9,344,512

Fahmi Karam

41,800,572

394,653

106,511

9,344,512

Molly Langenstein

41,702,939

492,933

105,864

9,344,512

Harold Lewis

41,741,349

453,178

107,209

9,344,512

Glenn Marino

41,559,473

635,027

107,236

9,344,512

Carol McFate

41,030,123

1,164,818

106,795

9,344,512

Proposal
Two: The selection of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for
the year ending December 31, 2026 was ratified with voting on the proposal as follows:

Votes For

Votes Against

Abstentions

Broker Non-Votes

51,048,562

396,908

200,778

0

Proposal
Three: The compensation of the named executive officers of the Company for the year ended December 31, 2025 was approved,
on an advisory basis, as follows:

Votes For

Votes Against

Abstentions

Broker Non-Votes

41,399,464

648,319

253,953

9,344,512

Proposal
Four: The frequency of future advisory votes on executive compensation voted for by stockholders, on an advisory basis,
was every one year as follows:

1 Year

2 Years

3 Years

Abstentions

Broker Non-Votes

40,078,425

21,276

2,093,408

108,627

9,344,512

In accordance with the Board’s recommendation and the voting
results on this advisory proposal, the Board has decided that it will include an advisory say-on-pay vote in the Company’s proxy
statement every year until the next required advisory vote on the frequency of say-on-pay, which will occur no later than the Company’s
annual meeting of stockholders in 2032.

Proposal
Five: The 2026 LTIP was approved as follows:

Votes For

Votes Against

Abstentions

Broker Non-Votes

40,285,981

1,785,824

229,931

9,344,512

Item 9.01 - Financial Statements and Exhibits

113 words

Item 9.01

Financial Statements and Exhibits.

(d)       Exhibits.

Exhibit No.

Description

10.1

Upbound Group, Inc. 2026 Long-Term Incentive Plan (incorporated herein by reference to Annex B of the registrant’s Proxy Statement on Schedule 14A, dated as of April 21, 2026)

10.2

First Amendment to the Upbound Group, Inc. 2026 Long-Term Incentive Plan

10.3

Form of Upbound Group, Inc. 2026 Long-Term Incentive Plan Restricted Stock Unit Award Agreement (RSU)

10.4

Form of Upbound Group, Inc. 2026 Long-Term Incentive Plan Performance Stock Unit Award Agreement (PSU)

10.5

Form of Upbound Group, Inc. 2026 Long-Term Incentive Plan Director Deferred Stock Unit Award Agreement (DSU)

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