Form 4: Upstart Holdings Chief Technology Officer Reports Stock Transactions
SEC Form 4 Filing
Paul Gu, Chief Technology Officer of Upstart Holdings, reports the acquisition and disposal of Upstart Holdings common stock and derivative securities.
Summary
- Paul Gu, the Chief Technology Officer of Upstart Holdings, filed a Form 4 with the SEC.
- The filing reports a transaction that occurred on January 7, 2025.
- Gu acquired 50,000 shares of common stock at a price of $2.15 per share through the exercise of employee stock options.
- Following the reported transaction, Gu beneficially owns 963,065 shares of common stock.
- Gu also reports ownership of 30,792 derivative securities in the form of employee stock options with an exercise price of $2.15.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions by a company insider, which is neutral in sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 01/07/2025 | Date of transaction: Acquisition of common stock and exercise of employee stock options. |
| 12/18/2027 | Expiration date of employee stock options. |
| 01/09/2025 | Date of signature on the Form 4 filing. |
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