Gold prices suffer profit taking ahead of likely Fed cut; PCE inflation due
Upbound Group, Inc. (NASDAQ:UPBD) notified its directors and executive officers Monday of an upcoming blackout period related to the company’s 401(k) Retirement Savings Plan. The blackout period is being implemented to facilitate the transition of plan assets, recordkeeping, and administration from JPMorgan/Empower to Fidelity Investments.
According to a statement based on an SEC filing, the blackout is expected to begin on December 24, 2025, at 4:00 p.m. Eastern time and is anticipated to end during the week of January 25, 2026. During this period, participants and beneficiaries in the Upbound 401(k) plan will be unable to conduct certain transactions, including those involving the Upbound Group, Inc. stock fund.
The company’s directors and executive officers will also be subject to trading restrictions regarding company common stock and related derivative securities acquired in connection with their service. These measures are required by Section 306 of the Sarbanes-Oxley Act of 2002 and Rule 104 of the SEC’s Regulation BTR, which prohibit specified trading during blackout periods relating to employee benefit plans.
Upbound Group stated that information about the actual start and end dates of the blackout period will be available to security holders and interested parties through the company’s Benefits Department for two years following the end of the blackout.
This information is based on a press release statement contained in the company’s recent SEC filing.
In other recent news, Upbound Group Inc. reported its third-quarter 2025 earnings, which exceeded Wall Street forecasts. The company achieved an earnings per share (EPS) of $1.00, surpassing the expected $0.98, resulting in a 2.04% positive surprise. Additionally, Upbound’s revenue reached $1.17 billion, outpacing the projected $1.14 billion by 2.63%. These results highlight the company’s strong performance in the recent quarter. Despite these positive earnings and revenue results, the company’s stock experienced a decline in pre-market trading. The stock’s movement was influenced by broader market conditions and future guidance. There are no updates on any mergers or acquisitions involving Upbound Group Inc. at this time. Additionally, there have been no recent analyst upgrades or downgrades reported for the company.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.