Form 4: Upland Software COO Dan Doman Tax Withholding Filing

Upland Software Chief Operating & Product Officer Dan Doman reported the withholding of 29,515 shares to satisfy tax obligations related to RSU vesting.

Summary

• Dan Doman, Chief Operating & Product Officer of Upland Software, Inc. (UPLD), reported a transaction involving 29,515 shares of common stock.
• The transaction occurred on June 16, 2026, at a price of $0.6064 per share.
• The shares were withheld by the issuer to satisfy tax withholding obligations associated with the vesting of restricted stock units (RSUs).
• Following this transaction, the reporting person maintains beneficial ownership of 894,251 shares of Upland Software common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it is a routine regulatory filing for tax compliance purposes.

Positives

• The transaction was a mandatory tax withholding event rather than an open-market sale, indicating no change in the executive's long-term investment sentiment.

Negatives

• The transaction reflects a reduction in the total number of shares held by the executive due to tax liabilities.

Risks

• None identified; this is a routine administrative transaction related to equity compensation.

Future Outlook

Not applicable; this is a retrospective disclosure of a completed transaction.

Industry Context

StockSavvy.ai notes that tax withholding filings are standard administrative procedures for executives in the software sector and do not typically signal changes in corporate strategy or market outlook.

Comparison to Industry Standards

• The transaction follows standard industry practice for handling tax obligations arising from equity-based compensation plans.

Stakeholder Impact

• Minimal impact on shareholders as the transaction is a non-discretionary tax settlement.

Key Dates

Keywords

Upland Software, UPLD, Form 4, Insider Trading, Tax Withholding, Equity Compensation