Form 4: Upland Software COO's Stock Withholding for Taxes

Upland Software's Chief Operating & Product Officer, Dan Doman, had 24,595 shares withheld by the company to cover tax obligations related to restricted stock unit vesting.

Summary

• Dan Doman, Chief Operating & Product Officer of Upland Software, Inc. (UPLD), reported a transaction on December 16, 2025.
• The transaction involved the disposition of 24,595 shares of Common Stock.
• These shares were withheld by the issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
• The deemed price per share for the withholding was $1.485.
• Following this transaction, Dan Doman beneficially owns 707,257 shares of Common Stock directly.
• This reported transaction was not an open market sale of securities.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary insider transaction for tax withholding purposes, which is neutral in sentiment.

Future Outlook

This filing is a routine insider transaction report and does not contain any forward-looking statements or guidance.

Industry Context

This is a routine insider transaction related to compensation and tax obligations, which is common across all publicly traded companies and does not reflect specific industry trends or competitive dynamics.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes and not an open market sale.

Key Dates

Keywords

Upland Software, UPLD, Form 4, insider transaction, stock withholding, restricted stock units, RSU, Dan Doman