Kerry Whorton Cooper - 12 Jan 2026 Form 4 Insider Report for Upstart Holdings, Inc. (UPST)

Role: Director
Signature: /s/ Steven Madrid, by power of attorney
Issuer symbol: UPST
Transactions as of: 12 Jan 2026
Net transactions value: $0
Form type: 4
Filing time: 16 Jan 2026, 17:26:38 UTC
Previous filing: 16 Dec 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Cooper Kerry Whorton	Director	C/O UPSTART HOLDINGS, INC., 2950 S. DELAWARE STREET, SUITE 410, SAN MATEO	/s/ Steven Madrid, by power of attorney	16 Jan 2026	0001817263

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UPST	Common Stock	Award	$0	+1,459	+6.1%	$0.000000	25,393	12 Jan 2026	See Footnote	F1, F2
holding	UPST	Common Stock						4,314	12 Jan 2026	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These securities are fully vested restricted stock units (RSUs). Each RSU represents a right to receive one share of Common Stock in settlement as soon as practicable after grant. These RSUs were granted, pursuant to a prior election by the Reporting Person, in lieu of an individual annual cash retainer payment for Board service to the Issuer that the Reporting Person would have otherwise received pursuant to the Issuer's Outside Director Compensation Policy.
F2	These shares are held by the Edward and Kerry Cooper Living Trust, for which the Reporting Person and her spouse serve as co-trustees.
F3	These securities 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.