Form 4: Upstart Holdings Director Acquires Shares in Lieu of Cash Retainer

Director Mary Hentges acquired 626 shares of Upstart Holdings common stock on January 10, 2025, in lieu of a cash retainer for board service.

Summary

• On January 10, 2025, Mary Hentges, a director of Upstart Holdings, Inc., acquired 626 shares of common stock.
• The acquisition was made in lieu of an individual annual cash retainer payment for Board service.
• The shares were acquired at a price of $0.
• Following the transaction, Hentges beneficially owns 26,359 shares of Upstart Holdings common stock.
• The acquisition was made pursuant to a prior election by the Reporting Person.
• The shares were acquired pursuant to the Issuer's Outside Director Compensation Policy.

Sentiment

Score: 6

Explanation: Neutral sentiment as it reflects a standard compensation practice. The director taking stock instead of cash is a mildly positive signal.

Positives

• A director's decision to take shares instead of cash may signal confidence in the company's future prospects.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This is a routine disclosure related to director compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it signals director confidence.

Key Dates