secwatch.observer — SEC 8-K summary
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Issuer:     UPBOUND GROUP, INC. (UPBD)
CIK:        0000933036
Form:       8-K
Filed at:   2026-09-22T12:44:37+00:00
Accession:  0001104659-26-109492
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Upbound appoints Scott Young as COO, Dev Chakraborty as Head of Brigit
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- Scott Young named EVP-COO effective Sept 22, 2026; reports to CEO Fahmi Karam.
- Young receives $610K base salary, 60% target bonus, $3.1M sign-on PSU award.
- Dev Chakraborty joins as SVP, Head of Brigit; previously at MoneyLion and Credit Karma.
- Chakraborty cites Brigit's ~$300M annual recurring revenue and 1.8M paying users.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/933036/000110465926109492/0001104659-26-109492-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/933036/000110465926109492/tm2625751d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-109492

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