Form 4: Upstart Holdings Corporate Controller Natalia Mirgorodskaya Reports Stock Transactions

Natalia Mirgorodskaya, Corporate Controller of Upstart Holdings, reports the acquisition and disposal of common stock and stock options, including transactions executed under a Rule 10b5-1 trading plan.

Summary

• On February 29, 2024, Natalia Mirgorodskaya acquired 919 shares of Upstart Holdings common stock at $0 per share and was granted 582 employee stock options with an exercise price of $25.75.
• On March 1, 2024, she exercised 2,500 employee stock options at a price of $0.43 per share and sold 2,500 shares of common stock at a weighted average price of $25.4758.
• These transactions were conducted under a pre-arranged Rule 10b5-1 trading plan adopted on May 31, 2023.
• Following these transactions, Mirgorodskaya directly owns 29,165 shares of Upstart Holdings common stock and 4,500 employee stock options exercisable at $0.43, and 582 employee stock options exercisable at $25.75.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document simply reports stock transactions by a corporate insider, which is a routine regulatory filing. The transactions are part of a pre-arranged trading plan.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders transact in their company's stock, providing transparency to investors.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a company insider.

Key Dates