Form 4: Upstart Holdings Officer Sells Shares to Cover Tax Obligations

Natalia Mirgorodskaya, Chief Accounting Officer and Controller of Upstart Holdings, sold shares to cover tax withholding obligations and participated in the Employee Stock Purchase Plan.

Summary

• Natalia Mirgorodskaya, an officer at Upstart Holdings, sold 744 shares of common stock on February 20, 2025, at a weighted average price of $78.9916.
• An additional 50 shares were sold on the same day at $79.52.
• These sales were to cover tax withholding obligations related to the vesting of restricted stock units (RSUs).
• Mirgorodskaya also acquired 683 shares on February 15, 2025, through Upstart's Employee Stock Purchase Plan.
• Following these transactions, Mirgorodskaya beneficially owns 21,985 shares of Upstart Holdings common stock, some of which are held as RSUs.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transactions are routine and related to tax obligations and participation in an employee stock purchase plan.

Positives

• Participation in the Employee Stock Purchase Plan indicates confidence in the company's future.

Industry Context

Form 4 filings are a routine part of the stock market, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Key Dates

Keywords

Upstart Holdings, insider trading, Form 4, stock sale, RSU, employee stock purchase plan, UPST, Natalia Mirgorodskaya