Upbound Group (fka Rent-A-Center) Proxy Filing
Ticker: UPBD · Form: DEFA14A · Filed: May 16, 2024 · CIK: 933036
Sentiment: neutral
Topics: proxy-statement, annual-meeting, corporate-governance
Related Tickers: RCII
TL;DR
Upbound Group (fka RAC) filed proxy docs for shareholder meeting. Vote wisely.
AI Summary
Upbound Group, Inc. (formerly Rent-A-Center, Inc.) filed a Definitive Proxy Statement (DEFA14A) on May 16, 2024, for its 2024 Annual Shareholders Meeting. The filing, submitted by the Registrant, outlines proxy materials and voting information for shareholders. Bryan Pechersky, EVP, sent a reminder to select coworkers regarding the meeting.
Why It Matters
This filing is crucial for shareholders to understand the agenda and proposals for the upcoming annual meeting, enabling them to cast informed votes on company matters.
Risk Assessment
Risk Level: low — This is a routine proxy filing for an annual shareholder meeting, not indicating any immediate financial distress or significant corporate action.
Key Players & Entities
- UPBOUND GROUP, INC. (company) — Registrant
- RENT A CENTER INC (company) — Former company name
- RENTERS CHOICE INC (company) — Former company name
- Bryan Pechersky (person) — EVP sending reminder
FAQ
What is the purpose of this DEFA14A filing?
The purpose of this DEFA14A filing is to provide shareholders with the proxy statement for Upbound Group, Inc.'s 2024 Annual Shareholders Meeting, outlining information for voting.
When was this filing made?
This filing was made on May 16, 2024.
What was Upbound Group, Inc. formerly known as?
Upbound Group, Inc. was formerly known as RENT A CENTER INC and RENTERS CHOICE INC.
Who sent a reminder to coworkers about the meeting?
Bryan Pechersky, EVP, sent a reminder to select coworkers regarding the 2024 Annual Shareholders Meeting.
What is the company's fiscal year end?
The company's fiscal year ends on December 31.
Filing Stats: 446 words · 2 min read · ~1 pages · Grade level 11.3 · Accepted 2024-05-16 11:48:20
Filing Documents
- tm2414530d1_defa14a.htm (DEFA14A) — 13KB
- tm2414530d1_defa14aimg01.jpg (GRAPHIC) — 7KB
- tm2414530d1_defa14aimg02.jpg (GRAPHIC) — 13KB
- 0001104659-24-062370.txt ( ) — 41KB
From the Filing
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A (RULE 14a-101) Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement CONFIDENTIAL, FOR USE OF THE COMMISSION ONLY (AS PERMITTED BY RULE 14A-6(E)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Pursuant to §240.14a-12 UPBOUND GROUP, INC. (Name of Registrant as Specified in Its Charter) Payment of Filing Fee (Check the appropriate box): No fee required. Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. Voting Reminder for 2024 Annual Shareholders Meeting TO: Select Coworkers FROM: Bryan Pechersky , EVP – General Counsel DATE: May 16, 2024 We are holding our 2024 Annual Meeting of Shareholders on Tuesday, June 4, and we recognize many of you are shareholders in addition to being coworkers o f Upbound Group. If you held Upbound shares as of April 9, 2024 (the record date), you should have received our proxy materials in the mail or electronically with information about how to vote your shares. The email you may have received regarding our 2024 Annual Meeting contains a “Vote Now” or similar button, which directs you to a landing page where you can vote your shares (please check your “spam” or “junk” folder if you did not receive it). If you have not yet received an electronic communication and instead receive paper copies, you should soon receive the proxy materials if you have not already, which will include instructions about how to vote your shares. You may submit your proxy to vote by internet, phone or mail. We have a number of important proposals being voted on this year. Upbound’s board of directors recommends you vote your shares “FOR” the election of each of the director nominees, and “FOR” each of the other proposals that have been submitted for a shareholder vote. Not voting is the same as voting against many of the proposals. Please refer to our proxy statement for more details regarding the nominees and proposals, or reach out to me. As an Upbound Group, Inc., shareholder, your vote is very important. We encourage you to read the proxy statement and submit your proxy to vote your shares as soon as possible. We thank all of you for your continued support of Upbound. Note: If you require any assistance in voting your shares, please contact John Ferguson (jferguson@saratogaproxy.com) or Ann Marie Mellone (amellone@saratogaproxy.com) from Saratoga Proxy Consulting, our proxy solicitor. Saratoga can also be reached at (212) 257-1311 or (888) 368-0379.