Natalia Mirgorodskaya - Nov 20, 2025 Form 4 Insider Report for Upstart Holdings, Inc. (UPST)

Role
Officer
Signature
/s/ Steven Madrid, by power of attorney
Stock symbol
UPST
Transactions as of
Nov 20, 2025
Transactions value $
$215,439
Form type
4
Date filed
11/24/2025, 04:39 PM
Previous filing
Sep 4, 2025
Next filing
Nov 26, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Mirgorodskaya Natalia Officer C/O UPSTART HOLDINGS, INC., 2950 S. DELAWARE STREET, SUITE 410, SAN MATEO /s/ Steven Madrid, by power of attorney 2025-11-24 0001833851

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UPST Common Stock Options Exercise $246K +6.9K +32.73% $35.58 28K Nov 20, 2025 Direct F1
transaction UPST Common Stock Sale -$27.1K -741 -2.65% $36.58 27.2K Nov 20, 2025 Direct F1, F2, F3
transaction UPST Common Stock Sale -$2.96K -80 -0.29% $36.95 27.2K Nov 20, 2025 Direct F1, F2

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) Options Exercise $0 -6.9K -60% $0.00 4.6K Nov 20, 2025 Common Stock 6.9K $1.35 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Certain of these securities are restricted stock units (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.
F2 These shares were sold to cover tax withholding obligations in connection with the vesting of restricted stock units (RSUs).
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.935 to $36.85. 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.
F4 All of the shares subject to this option are fully vested and exercisable as of the date hereof.