Sanjay Datta - Feb 20, 2025 Form 4 Insider Report for Upstart Holdings, Inc. (UPST)

Signature
/s/ Gabrielle Brown, by power of attorney
Stock symbol
UPST
Transactions as of
Feb 20, 2025
Transactions value $
-$1,269,865
Form type
4
Date filed
2/24/2025, 05:12 PM
Previous filing
Nov 22, 2024
Next filing
Mar 4, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UPST Common Stock Sale -$1.25M -15.8K -5.08% $79.01 296K Feb 20, 2025 Direct F1, F2, F3, F4
transaction UPST Common Stock Sale -$19.3K -242 -0.08% $79.59 296K Feb 20, 2025 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were sold to cover tax withholding obligations in connection with the vesting of restricted stock units (RSUs).
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $78.50 to $79.465. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (5) to this Form 4.
F3 Includes 633 shares acquired on February 15, 2025 under the Issuer's 2020 Employee Stock Purchase Plan.
F4 Certain of the securities reported in Column 5 of each row of Table I are RSUs. Each RSU represents a contingent right to receive one share of Common Stock, subject to the applicable vesting schedule and conditions of each RSU.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.58 to $79.60.