Form 4: Upstart Holdings Officer Natalia Mirgorodskaya Reports Stock Sale and RSU Cancellation

Natalia Mirgorodskaya, Chief Accounting Officer and Controller of Upstart Holdings, Inc., reports selling 1,309 shares of common stock and the cancellation of 919 RSU shares.

Summary

• On February 25, 2025, Natalia Mirgorodskaya, Chief Accounting Officer and Controller of Upstart Holdings, Inc., sold 1,309 shares of common stock at a price of $69 per share.
• The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on May 30, 2024.
• Mirgorodskaya also had 919 restricted stock units (RSUs) canceled for no value.
• Additionally, an option to purchase 582 shares of common stock granted on February 29, 2024, was cancelled for no value.
• Following the reported transaction, Mirgorodskaya beneficially owns 19,757 shares.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by an officer. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of company executives and their holdings in the company.

Stakeholder Impact

• The stock sale by an officer could be perceived neutrally or slightly negatively by shareholders, depending on their interpretation of the reasons behind the sale.

Key Dates