8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report(Date of earliest event reported):

June 6, 2023

Upbound Group, Inc.

(Exact name ofregistrant as specified in its charter)

5501 Headquarters Drive

Plano, Texas 75024

(Address of principal executive offices andzip code)

(972) 801-1100

(Registrant’s telephone number, includingarea code)

N/A

(Former name or former address, if changed sincelast report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Securities registered or to be registered pursuant to Section 12(b) of the Act.

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company                       ¨

Item 5.02 Departure of Directors or Certain Officers; Electionof Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 6, 2023, Upbound Group, Inc. (the “Company”) held its 2023 Annual Meeting of Stockholders (the “Annual Meeting”). At the Annual Meeting, the Company’s stockholders approved the Amended 2021 Long-Term Incentive Plan (the “Amended LTIP”), in which the Company’s directors, executives (including its Named Executive Officers), employees, consultants and other personnel of the Company are eligible to participate. The Amended LTIP increases the number of shares authorized under the Company’s 2021 Long-Term Incentive Plan to 9,287,000 shares.

The foregoing description of the Amended LTIP is qualified in its entirety by reference to the full text of the plan as amended, which is attached hereto as Exhibit 10.1 and incorporated herein by reference.

Item 5.07 Submission of Matters to a Vote of Security Holders.

At the Annual Meeting, the Company’s stockholders voted on four matters: (1) the election or re-election of the directors nominated by the Company’s board of directors, (2) the ratification of the Audit & Risk Committee’s selection of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023, (3) the advisory vote on the compensation of the named executive officers of the Company for the year ended December 31, 2022 and (4) the approval of the Amended LTIP. The final voting results for each proposal are set forth below.

ProposalOne: Having received more than a majority of votes cast at the meeting, each of the individuals named below was elected or re-elected as a director:

ProposalTwo: The selection of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023 was ratified with voting on the proposal as follows:

ProposalThree: The compensation of the named executive officers of the Company for the year ended December 31, 2022 was approved, on an advisory basis, as follows:

ProposalFour: The amendment to the Upbound Group, Inc. 2021 Long-Term Incentive Plan was approved as follows:

(d)            Exhibits.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.