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AI brief of an SEC Form 8-K · Upbound Group (UPBD)

Upbound Group names Hal Khouri EVP and CFO, effective November 10, 2025

Neutral Impact 4 of 5 leadership Written later

Upbound Group, Inc. said Hal Khouri will join as Executive Vice President and Chief Financial Officer effective November 10, 2025. CEO Fahmi Karam, who has also served as CFO since June 2025, will hand the CFO role to Khouri, who will report directly to Karam.

Key points

  • Hal Khouri takes the EVP and CFO role effective November 10, 2025, succeeding CEO Fahmi Karam, who has been CFO since June 2025.
  • Offer letter terms include a $675,000 annual base salary and a target annual cash bonus of 60% of base salary, starting March 2026.
  • A one-time sign-on restricted stock unit award valued at $1.5 million vests over three years, and LTIP eligibility from February 2026 is set at 170% of base salary.
  • Khouri served as Executive Vice President and CFO of goeasy Ltd. (TSX: GSY) from August 2019.

The filing

CompanyUpbound Group (UPBD)
Form8-K, current report
Filed with the SECOct 30, 2025, 7:29 AM ET
Accession number0001104659-25-104014

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:57 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 30, 2025.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.