Form 4: Upstart Holdings Insider Sells Shares
Statement of Changes in Beneficial Ownership
Sanjay Datta, President of Capital & Enterprise at Upstart Holdings, Inc., reported a sale of 15,000 common shares.
Summary
- Sanjay Datta, President of Capital & Enterprise at Upstart Holdings, Inc., sold 15,000 shares of common stock.
- The transaction occurred on June 9, 2026, with shares sold at a weighted average price of $30.4077.
- The sale was executed across multiple transactions with prices ranging from $30.09 to $30.62.
- Following the sale, Datta beneficially owns 313,556 shares of common stock.
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a neutral to slightly negative filing due to the insider sale, although it is a routine disclosure and does not necessarily indicate a negative outlook for the company.
Negatives
- Insider selling of a significant number of shares can sometimes be perceived negatively by the market.
Future Outlook
No forward-looking statements or guidance were provided in this filing.
Industry Context
StockSavvy.ai notes that insider selling, particularly by executive officers, is a common event reported via Form 4 filings. The significance of this particular sale depends on the insider's overall holdings and prior trading activity, as well as broader market sentiment towards Upstart Holdings and the fintech lending sector.
Stakeholder Impact
- Shareholders may view insider selling with caution, potentially leading to short-term market reactions, though the sale is within a pre-defined plan.
Key Dates
| Date | Description |
|---|---|
| 06/09/2026 | Earliest transaction date and date of sale of common stock. |
| 06/11/2026 | Date of signature for the filing. |
Keywords
Upstart Holdings, UPST, Form 4, Insider Trading, Stock Sale, Common Stock, Sanjay Datta
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