Form 4: Upstart Holdings Director Jeff Huber Reports Acquisition and Disposal of Common Stock
SEC Form 4 Filing
Director Jeff Huber reports acquiring 8,278 shares of Upstart Holdings common stock and disposing of 24,815 shares on May 30, 2024.
Summary
- On May 30, 2024, Jeff Huber, a director of Upstart Holdings, Inc., engaged in transactions involving the company's common stock.
- Huber acquired 8,278 shares of common stock.
- Simultaneously, Huber disposed of 24,815 shares of common stock.
- Following these transactions, Huber beneficially owns 24,815 shares of Upstart Holdings, Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The vesting of RSUs is contingent on the reporting person's continued service with the company through May 30, 2025, or the day prior to the 2025 annual meeting of stockholders.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 05/30/2024 | Date of stock acquisition and disposal. |
| 05/30/2025 | Vesting date for restricted stock units (RSUs). |
| 06/03/2024 | Date of Form 4 filing. |
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