Natalia Mirgorodskaya - 20 Feb 2025 Form 4 Insider Report for Upstart Holdings, Inc. (UPST)

Role
Chief Accounting Officer and Controller
Signature
/s/ Gabrielle Brown, by power of attorney
Issuer symbol
UPST
Transactions as of
20 Feb 2025
Net transactions value
-$62,746
Form type
4
Filing time
24 Feb 2025, 17:02:31 UTC
Previous filing
27 Dec 2024
Next filing
27 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UPST Common Stock Sale $58,770 -744 -3.3% $78.99 22,035 20 Feb 2025 Direct F1, F2, F3, F4
transaction UPST Common Stock Sale $3,976 -50 -0.23% $79.52 21,985 20 Feb 2025 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were sold to cover tax withholding obligations in connection with the vesting of restricted stock units (RSUs).
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $78.52 to $79.465. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
F3 Includes 683 shares acquired on February 15, 2025 under the Issuer's 2020 Employee Stock Purchase Plan.
F4 Certain of the securities reported in Column 5 of each row of Table I are RSUs. Each RSU represents a contingent right to receive one share of Common Stock, subject to the applicable vesting schedule and conditions of each RSU.

Remarks:

Chief Accounting Officer and Controller