Form 4: Upstart Holdings Corporate Controller Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Natalia Mirgorodskaya, Corporate Controller of Upstart Holdings, sold 1,264 shares of common stock on August 20, 2024, to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On August 20, 2024, Natalia Mirgorodskaya, the Corporate Controller of Upstart Holdings, sold 1,264 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 $38.3553, with individual transactions ranging from $38.045 to $38.86.
- Following the transaction, Mirgorodskaya still beneficially owns 24,557 shares of Upstart Holdings, including RSUs.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an insider stock sale for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of the US stock market, and are required by the SEC to provide transparency into the transactions of company insiders. This transaction appears to be a routine sale to cover tax obligations.
Stakeholder Impact
- The sale is unlikely to have a significant impact on stakeholders as it is a routine transaction.
Key Dates
| Date | Description |
|---|---|
| 08/20/2024 | Date of stock sale transaction. |
| 08/22/2024 | Date of signature on the Form 4 filing. |
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