Form 4: Upstart CFO Sanjay Datta Sells Shares to Cover Tax Obligations

Upstart Holdings' CFO, Sanjay Datta, sold shares of common stock on May 20, 2025, to cover tax withholding obligations related to the vesting of restricted stock units.

Summary

• On May 20, 2025, Sanjay Datta, the Chief Financial Officer of Upstart Holdings, Inc., sold 13,512 shares of common stock.
• The sale was executed to cover tax withholding obligations associated with the vesting of restricted stock units (RSUs).
• The shares were sold at a weighted average price of $46.9711, with individual transactions ranging from $46.695 to $47.53.
• Following the transaction, Datta still beneficially owns 311,356 shares of Upstart Holdings, Inc.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing related to an executive's stock sale for tax purposes. It doesn't convey strong positive or negative sentiment.

Industry Context

Executive stock sales are a common occurrence, often related to compensation and tax planning. The sale itself doesn't necessarily indicate a negative outlook on the company's future, but it's a transaction investors monitor.

Stakeholder Impact

• The stock sale may have a minor, temporary impact on the stock price, but is unlikely to significantly affect stakeholders.

Key Dates

Keywords

Upstart Holdings, Sanjay Datta, CFO, stock sale, Form 4, tax obligations, RSUs, UPST