Form 4: Upstart CAO Natalia Mirgorodskaya Sells Shares

Upstart Holdings Chief Accounting Officer Natalia Mirgorodskaya sold 526 shares of common stock to cover tax obligations.

Summary

• Natalia Mirgorodskaya, Chief Accounting Officer and Controller of Upstart Holdings, Inc., sold 526 shares of common stock.
• The transaction occurred on May 20, 2026.
• The shares were sold at a weighted average price of $28.7719 per share.
• The sale was executed to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs).
• Following the transaction, the reporting person retains beneficial ownership of 38,348 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the sale was purely for tax compliance purposes and does not reflect a change in the executive's outlook on the company.

Positives

• The sale was a routine administrative action to cover tax liabilities rather than a discretionary divestment.

Negatives

• The transaction represents a reduction in the insider's direct equity stake in the company.

Risks

• None identified; this is a standard tax-related transaction.

Future Outlook

No forward-looking guidance or strategic outlook provided in this filing.

Industry Context

StockSavvy.ai notes that routine insider sales to cover tax withholding obligations upon RSU vesting are standard corporate practice and generally do not signal a change in management sentiment regarding company performance.

Comparison to Industry Standards

• The transaction aligns with standard executive compensation and tax compliance practices observed across the fintech and broader technology sectors.

Stakeholder Impact

• Minimal impact on shareholders as the sale was non-discretionary and small in volume relative to total outstanding shares.

Key Dates

Keywords

Upstart Holdings, UPST, Insider Trading, Form 4, Chief Accounting Officer, Equity Vesting