Upbound Group, Inc.
US ˙ NasdaqGS ˙ US76009N1000

Introduction

This page provides a comprehensive analysis of the known insider trading history of Christopher A Korst. Insiders are officers, directors, or significant investors in a company. It is illegal for insiders to make trades in their companies based on specific, non-public information. This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4. Despite these restrictions, academic research suggests that insiders - in general - tend to outperform the market in their own companies.

Average Trade Profitability

The average trade profitability is the average return of all the open market purchases made by the insider in the last three years. To calculate this, we examine every open-market, unplanned purchase made by the insider, excluding all trades that were marked as part of a 10b5-1 trading plan. We then calculate the average performance of those trades over 3, 6, and 12 months, averaging each of those durations to generate a final performance metric for each trade. Finally, we average all of the performance metrics to calculate a performance metric for the insider. This list only includes insiders that have made at least three trades in the last two years.

If this insiders trade profitability is "N/A", then the insider either has not made any open-market purchases in the last three years, or the trades they’ve made are too recent to calculate a reliable performance metric.

Update Frequency: Daily

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Companies with Reported Insider Positions

The SEC filings indicate Christopher A Korst has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:RCII / Upbound Group Inc EVP - General Counsel 8,717
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Christopher A Korst. Non-planned trade are trades that were not made as part of a 10b5-1 trading plan. The stock performance is charted as cumulative percent change in share price. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security to the present day. If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. A change in price from $10 to $20 would be 100%, and a change in price of $10 to $5 would be -50%.

Ultimately, we are trying to determine how closely the insider’s trades correlate to excess returns (positive or negative) in the share price in order to see if the insider is timing their trades to profit from insider information. Consider the situation where an insider was doing this. In this situation, we would expect either (a) positive returns after purchases, or (b) negative returns after sales. In the case of (a), the PURCHASE chart would show a series of upwardly sloping curves, indicating positive returns after each purchase transaction. In the case of (b), the SALE chart would show a series of downward sloping curves, indicating negative returns after each sale transaction.

However, this alone is not enough to draw conclusions. If, for example, the share price of the company was in a non-cyclical climb over many years, then we would expect all the post-purchase plots to be upwardly sloping. Likewise, non-cyclical declines over many years would result in downward sloping post-trade plots. Neither of these charts would suggest insider trading activity.

The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals in the PURCHASE chart and negative plots on the SALE chart. This situation would be highly suggestive of an insider that was timing trades to their financial advantage.

Insider Purchases UPBD / Upbound Group, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in UPBD / Upbound Group, Inc.. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Max		 Price at
Max		 Max
Profit ($)		 Max Return (%)
2017-02-16 RCII KORST CHRISTOPHER A 5,000 8.3206 5,000 8.3206 41,603 168 13.7100 26,947 64.77

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

UPBD / Upbound Group, Inc. Insider Trades
Insider Sales UPBD / Upbound Group, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in UPBD / Upbound Group, Inc.. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Min		 Price at
Min		 Max Loss
Avoided ($)		 Max Loss
Avoided (%)
2019-01-29 RCII KORST CHRISTOPHER A 9,600 17.3868 9,600 17.3868 166,913 13 17.1800 -1,985 -1.19
2012-02-10 RCII KORST CHRISTOPHER A 9,600 34.7032 9,600 34.7032 333,151

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

UPBD / Upbound Group, Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Christopher A Korst as disclosed to the Securities Exchange Commission (SEC).

File Date Tran Date Form Ticker Security Code 10b5-1 Shares Remaining Shares Percent
Change		 Share
Price		 Tran
Value		 Remaining
Value
2019-04-03 2019-04-01 4 RCII RENT A CENTER INC DE
Employee Stock Option (Right to Purchase) 		A - Award 8,717 8,717
2019-04-03 2019-04-01 4 RCII RENT A CENTER INC DE
Common 		A - Award 3,897 59,190 7.05
2019-02-07 2019-02-05 4 RCII RENT A CENTER INC DE
Common 		F - Taxes -6,084 55,293 -9.91 17.89 -108,843 989,192
2019-02-07 2019-02-05 4 RCII RENT A CENTER INC DE
Common 		F - Taxes -2,250 61,377 -3.54 17.89 -40,252 1,098,035
2019-02-07 2019-02-05 4 RCII RENT A CENTER INC DE
Common 		A - Award 22,263 63,627 53.82
2019-01-31 2019-01-29 4 RCII RENT A CENTER INC DE
Employee Stock Option (Right to Purchase) 		M - Exercise -9,600 0 -100.00
2019-01-31 2019-01-29 4 RCII RENT A CENTER INC DE
Common 		S - Sale -9,600 41,364 -18.84 17.39 -166,913 719,188
2019-01-31 2019-01-29 4 RCII RENT A CENTER INC DE
Common 		M - Exercise 9,600 50,964 23.21 15.37 147,552 783,317
2018-02-27 2018-02-23 4 RCII RENT A CENTER INC DE
Employee Stock Option (Right to Purchase) 		A - Award 21,284 21,284
2018-02-27 2018-02-23 4 RCII RENT A CENTER INC DE
Common 		A - Award 9,606 41,364 30.25
2018-02-08 2018-02-06 4 RCII RENT A CENTER INC DE
Common 		F - Taxes -791 31,758 -2.43 9.42 -7,451 299,160
2017-02-21 2017-02-16 4 RCII RENT A CENTER INC DE
Employee Stock Option (Right to Purchase) 		A - Award 31,712 31,712
2017-02-21 2017-02-16 4 RCII RENT A CENTER INC DE
Common 		P - Purchase 5,000 5,000 8.32 41,603 41,603
2017-02-21 2017-02-16 4 RCII RENT A CENTER INC DE
Common 		A - Award 9,491 32,549 41.16
2017-02-02 2017-01-31 4 RCII RENT A CENTER INC DE
Common 		F - Taxes -1,039 23,058 -4.31 8.96 -9,309 206,600
2016-02-08 2016-02-05 4 RCII RENT A CENTER INC DE
Employee Stock Option (Right to Purchase) 		A - Award 29,574 29,574
2016-02-08 2016-02-05 4 RCII RENT A CENTER INC DE
Common 		A - Award 7,637 24,097 46.40
2016-02-02 2016-01-31 4 RCII RENT A CENTER INC DE
Common 		F - Taxes -693 16,460 -4.04 13.62 -9,439 224,185
2015-02-09 2015-02-06 4 RCII RENT A CENTER INC DE
Employee Stock Option (Right to Purchase) 		A - Award 7,721 7,721
2015-02-09 2015-02-06 4 RCII RENT A CENTER INC DE
Common 		A - Award 2,424 17,153 16.46
2015-02-03 2015-01-31 4 RCII RENT A CENTER INC DE
Common 		F - Taxes -630 14,729 -4.10 34.28 -21,596 504,910
2014-02-04 2014-01-31 4 RCII RENT A CENTER INC DE
Employee Stock Option (Right to Purchase) 		A - Award 14,270 14,270
2014-02-04 2014-01-31 4 RCII RENT A CENTER INC DE
Common 		F - Taxes -757 15,359 -4.70 24.94 -18,880 383,053
2014-02-04 2014-01-31 4 RCII RENT A CENTER INC DE
Common 		A - Award 3,039 16,116 23.24
2013-02-04 2013-01-31 4 RCII RENT A CENTER INC DE
Employee Stock Option (Right to Purchase) 		A - Award 9,305 9,305
2013-02-04 2013-01-31 4 RCII RENT A CENTER INC DE
Common 		A - Award 2,124 13,077 19.39
2013-01-31 2013-01-29 4 RCII RENT A CENTER INC DE
Common 		F - Taxes -1,786 10,953 -14.02 34.33 -61,313 376,016
2013-01-31 2013-01-29 4 RCII RENT A CENTER INC DE
Common 		F - Taxes -703 12,739 -5.23 34.33 -24,134 437,330
2013-01-31 2013-01-29 4 RCII RENT A CENTER INC DE
Common 		A - Award 6,440 13,442 91.97
2012-02-13 2012-02-10 4 RCII RENT A CENTER INC DE
Common 		S - Sale -9,600 7,002 -57.82 34.70 -333,151 242,992
2012-02-01 2012-01-31 4 RCII RENT A CENTER INC DE
Employee Stock Option (Right to Purchase) 		A - Award 7,411 7,411
2012-02-01 2012-01-31 4 RCII RENT A CENTER INC DE
Common 		A - Award 1,931 16,602 13.16
2012-01-30 2012-01-27 4 RCII RENT A CENTER INC DE
Common 		A - Award 4,328 14,671 41.84
P
Open market or private purchase of non-derivative or derivative security
S
Open market or private sale of non-derivative or derivative security
A
Grant, award, or other acquisition of securities from the company (such as an option)
C
Conversion of derivative
D
Sale or transfer of securities back to the company
F
Payment of exercise price or tax liability using portion of securities received from the company
G
Gift of securities by or to the insider
K
Equity swaps and similar hedging transactions
M
Exercise or conversion of derivative security received from the company (such as an option)
V
A transaction voluntarily reported on Form 4
J
Other (accompanied by a footnote describing the transaction)