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

Natalia Mirgorodskaya, an officer of Upstart Holdings, sold 764 shares of common stock to cover tax withholding obligations related to vesting restricted stock units.

Summary

• On May 20, 2025, Natalia Mirgorodskaya, an officer of Upstart Holdings, sold 764 shares of common stock.
• The sale was executed at a weighted average price of $46.9557 per share, with individual transactions ranging from $46.71 to $47.44.
• The sale was to cover tax withholding obligations related to the vesting of restricted stock units (RSUs).
• Following the transaction, Mirgorodskaya directly owns 25,963 shares of Upstart Holdings common stock, some of which are RSUs representing a contingent right to receive one share of common stock.

Sentiment

Score: 5

Explanation: This is a neutral event. An officer selling shares to cover taxes is a normal occurrence and doesn't necessarily reflect a positive or negative outlook on the company.

Industry Context

This is a routine Form 4 filing, indicating an insider transaction. Such filings are common and provide transparency into the trading activities of company officers and directors. The sale appears to be related to tax obligations, which is a typical reason for such transactions.

Stakeholder Impact

• The sale of shares by an officer could have a minor, temporary impact on the stock price, but is unlikely to be significant given the relatively small number of shares involved.

Key Dates

Keywords

Upstart Holdings, insider trading, Form 4, stock sale, Natalia Mirgorodskaya, RSUs, tax withholding