Form 4: Upstart Holdings Director Jeff Huber Reports Acquisition and Disposal of Common Stock

Sentiment:

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

DateDescription
05/30/2024Date of stock acquisition and disposal.
05/30/2025Vesting date for restricted stock units (RSUs).
06/03/2024Date of Form 4 filing.

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