secwatch.observer — SEC 8-K summary
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Issuer:     UPBOUND GROUP, INC. (UPBD)
CIK:        0000933036
Form:       8-K
Filed at:   2022-01-28T23:59:59+00:00
Accession:  0001104659-22-008581
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rent-A-Center elects Jen You as independent director; EVP Catherine Skula departs
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- Jen You elected to board as independent director effective Jan 26; she is Head of Product at Uber Rides.
- Catherine Skula, EVP & Chief Development Officer, ceased role Jan 24; employment ends April 4, 2022.
- Ms. You receives $77,500 annual cash retainer and $132,500 in deferred stock units per director compensation.
- Ms. You has background at Uber, RippleX, WeWork, and Facebook; AB from Harvard, MBA from Stanford.
- Ms. Skula's departure triggers payments under her 2017 Executive Transition Agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/933036/000110465922008581/0001104659-22-008581-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/933036/000110465922008581/tm224532d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-008581

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer