Form 4: Upstart Holdings Director, Mary Hentges, Reports Acquisition and Disposal of Common Stock

Director Mary Hentges reports acquiring 8,278 shares of Upstart Holdings common stock as restricted stock units and disposing of 25,733 shares.

Summary

• On May 30, 2024, Mary Hentges, a director of Upstart Holdings, Inc., acquired 8,278 shares of common stock in the form of restricted stock units (RSUs).
• The RSUs vest on the earlier of May 30, 2025, or the day prior to the company's 2025 annual meeting of stockholders, contingent upon continued service.
• On the same day, Hentges disposed of 25,733 shares of common stock.
• Following these transactions, Hentges beneficially owns 25,733 shares of Upstart Holdings, Inc.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment.

Future Outlook

The vesting of the RSUs is contingent upon 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 filing is a routine disclosure of stock transactions by a company insider, which is common for publicly traded companies. It provides transparency to investors regarding the actions of company leadership.

Stakeholder Impact

• The transactions may be of interest to shareholders as they provide insight into the actions of a company director.

Key Dates