Dave Girouard - Feb 28, 2025 Form 4 Insider Report for Upstart Holdings, Inc. (UPST)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Gabrielle Brown, by power of attorney
Stock symbol
UPST
Transactions as of
Feb 28, 2025
Transactions value $
$0
Form type
4
Date filed
3/4/2025, 08:01 PM
Previous filing
Feb 24, 2025
Next filing
Jun 13, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding UPST Common Stock 8.34M Feb 28, 2025 See Footnote F1
holding UPST Common Stock 1M Feb 28, 2025 See Footnote F2
holding UPST Common Stock 547K Feb 28, 2025 See Footnote F3
holding UPST Common Stock 547K Feb 28, 2025 See Footnote F4
holding UPST Common Stock 126K Feb 28, 2025 See Footnote F5
holding UPST Common Stock 126K Feb 28, 2025 See Footnote F6

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction UPST Employee Stock Option (Right to buy) Award $0 +240K $0.00 240K Feb 28, 2025 Common Stock 240K $66.67 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares are held by 2008 D&T Girouard Revocable Trust, for which the Reporting Person serves as Trustee.
F2 These shares are held by David J Girouard, as trustee of the DTG GRAT LLC, dated May 23,2023.
F3 These shares are held by Tristen Baird Willard, as trustee of the TMG 2020 EXEMPT GIFT TRUST, dated October 19, 2020.
F4 These shares are held by Tristen Baird Willard, as trustee of the JRG 2020 EXEMPT GIFT TRUST, dated October 19, 2020.
F5 These shares are held by Tristen Baird Willard, as trustee of the TMG 2020 NONEXEMPT GIFT TRUST, dated October 19, 2020.
F6 These shares are held by Tristen Baird Willard, as trustee of the JRG 2020 NONEXEMPT GIFT TRUST, dated October 19, 2020.
F7 1/48th of the shares subject to the option shall vest on March 20, 2025 and each successive one-month period thereafter, subject to the Reporting Person continuing as a service provider through each such date.