[Form 4] Upstart Holdings, Inc. Common stock Insider Trading Activity
Scott Darling, Chief Legal Officer of Upstart Holdings, Inc. (UPST), reported contemporaneous option exercise and sale transactions effected under a Rule 10b5-1 trading plan adopted May 30, 2025. On 09/03/2025 he exercised an employee stock option with a $13.22 exercise price for 4,000 shares and immediately sold 4,000 shares in multiple transactions at a weighted average price of $69.4134. Following these transactions the reporting person held 123,898 shares of common stock and beneficial ownership of 200,527 options. The Form 4 notes that some holdings are restricted stock units subject to vesting and that option vesting occurs monthly per the original grant schedule. The filing was signed by Steven Madrid by power of attorney on 09/05/2025.
Scott Darling, Chief Legal Officer di Upstart Holdings, Inc. (UPST), ha comunicato operazioni contemporanee di esercizio e vendita di opzioni effettuate nell'ambito di un piano di negoziazione ai sensi della Rule 10b5-1 adottato il 30 maggio 2025. Il 03/09/2025 ha esercitato un'opzione azionaria dipendenti con prezzo di esercizio di $13,22 per 4.000 azioni e ha immediatamente venduto 4.000 azioni in pi霉 transazioni a un prezzo medio ponderato di $69,4134. Dopo queste operazioni la persona che riferisce deteneva 123.898 azioni ordinarie e la titolarit脿 effettiva di 200.527 opzioni. Il Modulo 4 precisa che parte delle partecipazioni sono unit脿 azionarie soggette a vincoli di maturazione e che le opzioni maturano mensilmente secondo il calendario della concessione originaria. Il deposito 猫 stato firmato da Steven Madrid per procura il 05/09/2025.
Scott Darling, Chief Legal Officer de Upstart Holdings, Inc. (UPST), inform贸 transacciones contempor谩neas de ejercicio y venta de opciones realizadas bajo un plan de negociaci贸n conforme a la Rule 10b5-1 adoptado el 30 de mayo de 2025. El 03/09/2025 ejerci贸 una opci贸n sobre acciones de empleado con precio de ejercicio de $13.22 por 4.000 acciones y vendi贸 de inmediato 4.000 acciones en m煤ltiples operaciones a un precio medio ponderado de $69,4134. Tras estas transacciones, la persona informante pose铆a 123.898 acciones ordinarias y la propiedad beneficiaria de 200.527 opciones. El Formulario 4 indica que algunas participaciones son unidades de acciones restringidas sujetas a vesting y que las opciones vestan mensualmente seg煤n el calendario de la concesi贸n original. La presentaci贸n fue firmada por Steven Madrid por poder el 05/09/2025.
Upstart Holdings, Inc.(UPST)鞚� 斓滉碃氩曤毂呾瀯鞛�(Chief Legal Officer) 鞀れ涧 雼(Scott Darling)鞚� 2025雲� 5鞗� 30鞚� 毂勴儩霅� Rule 10b5-1 瓯半灅瓿勴殟鞐� 霐半澕 霃欖嫓 鞓奠厴 頄夓偓 氚� 毵る弰 瓯半灅毳� 氤搓碃頄堨姷雼堧嫟. 2025雲� 9鞗� 3鞚� 攴鸽姅 頄夓偓臧�瓴� $13.22鞚� 歆侅洂鞀ろ啞鞓奠厴 4,000欤茧ゼ 頄夓偓頃橁碃 歃夓嫓 鞐煬 瓯半灅搿� 4,000欤茧ゼ 臧�欷戫弶攴犼皜瓴� $69.4134鞐� 毵る弰頄堨姷雼堧嫟. 鞚� 瓯半灅 頉� 氤搓碃鞚胳潃 氤错喌欤� 123,898欤检檧 200,527臧滌潣 鞓奠厴鞐� 雽�頃� 鞁れ鞝� 氤挫湢毳� 鞙犾頄堨姷雼堧嫟. Form 4電� 鞚茧秬 氤挫湢臧� 氩犾姢韺� 雽�靸侅澑 鞝滍暅欤� 雼渼(Restricted Stock Units)鞛勳潉 氇呾嫓頃橂┌, 鞓奠厴鞚� 鞗愲灅 攵�鞐� 鞚检爼鞐� 霐半澕 毵れ洈 氩犾姢韸鸽悳雼り碃 氚濏様鞀惦媹雼�. 頃措嫻 鞁犼碃靹滊姅 2025雲� 9鞗� 5鞚� 鞙勳瀯鞛レ棎 鞚橅暣 鞀ろ嫲敫� 毵堧摐毽摐(Steven Madrid)臧� 靹滊獏頄堨姷雼堧嫟.
Scott Darling, Chief Legal Officer d'Upstart Holdings, Inc. (UPST), a d茅clar茅 des op茅rations simultan茅es d'exercice et de vente d'options effectu茅es dans le cadre d'un plan de n茅gociation conforme 脿 la Rule 10b5-1 adopt茅 le 30 mai 2025. Le 03/09/2025, il a exerc茅 une option d'actionnaire employ茅 au prix d'exercice de 13,22 $ pour 4 000 actions et a imm茅diatement vendu 4 000 actions en plusieurs transactions 脿 un prix moyen pond茅r茅 de 69,4134 $. Apr猫s ces op茅rations, la personne d茅clarante d茅tenait 123 898 actions ordinaires et la propri茅t茅 b茅n茅ficiaire de 200 527 options. Le formulaire 4 pr茅cise que certaines positions sont des unit茅s d'actions restreintes soumises 脿 un vesting et que les options acqui猫rent des droits mensuellement selon le calendrier de la attribution initiale. Le d茅p么t a 茅t茅 sign茅 par Steven Madrid par procuration le 05/09/2025.
Scott Darling, Chief Legal Officer von Upstart Holdings, Inc. (UPST), meldete gleichzeitige Optionen-Aus眉bungs- und Verkaufs颅transaktionen, die unter einem am 30. Mai 2025 angenommenen Rule鈥�10b5鈥�1鈥慔andelsplan durchgef眉hrt wurden. Am 03.09.2025 眉bte er eine Mitarbeiteraktienoption mit einem Aus眉bungspreis von $13,22 f眉r 4.000 Aktien aus und verkaufte sofort 4.000 Aktien in mehreren Transaktionen zu einem gewichteten Durchschnittspreis von $69,4134. Nach diesen Transaktionen hielt die meldende Person 123.898 Stammaktien und den wirtschaftlichen Eigentum an 200.527 Optionen. In Formular 4 wird darauf hingewiesen, dass ein Teil der Best盲nde Restricted Stock Units ist, die der Vesting鈥慠egelung unterliegen, und dass die Optionen monatlich gem盲脽 dem urspr眉nglichen Gew盲hrungsplan vesten. Die Einreichung wurde am 05.09.2025 von Steven Madrid per Vollmacht unterschrieben.
- Transaction executed under a Rule 10b5-1 plan, indicating pre-planned and compliance-oriented trading
- Substantial realized spread: exercised at $13.22 and sold at a weighted average of $69.4134
- Transparent reporting with offer to provide per-trade sale prices upon request
- Reduction in direct holdings: common shares decreased to 123,898 after the sale
- Ongoing dilution potential noted due to RSUs and a large number of outstanding options (200,527)
Insights
TL;DR Insider exercised options cheaply and monetized a portion via a 10b5-1 plan, retaining significant option exposure.
The reporting shows a routine, rule-compliant exercise-and-sale under a pre-established 10b5-1 plan adopted May 30, 2025. Exercising at $13.22 and selling at a weighted average of $69.4134 realizes substantial pre-tax proceeds per share while leaving the filer with material ongoing option and equity exposure: 200,527 options and 123,898 shares outstanding after the transactions. The disclosure of RSUs and the monthly vesting schedule confirms continued future equity dilution potential as vesting occurs. Transaction details are clearly reported and the filer offers to provide per-trade sale prices on request, which supports transparency.
TL;DR Governance appears sound: trades were conducted under a documented 10b5-1 plan and reported promptly via Form 4.
The filing documents compliance with insider trading protocols by indicating a pre-existing 10b5-1 plan and timely reporting. The use of a power of attorney signature is disclosed. The filing also clarifies that a portion of the reported common stock consists of RSUs subject to vesting, which is relevant for assessing the holder's near-term liquidity and alignment with shareholders. No material omissions are evident within the content provided.
Scott Darling, Chief Legal Officer di Upstart Holdings, Inc. (UPST), ha comunicato operazioni contemporanee di esercizio e vendita di opzioni effettuate nell'ambito di un piano di negoziazione ai sensi della Rule 10b5-1 adottato il 30 maggio 2025. Il 03/09/2025 ha esercitato un'opzione azionaria dipendenti con prezzo di esercizio di $13,22 per 4.000 azioni e ha immediatamente venduto 4.000 azioni in pi霉 transazioni a un prezzo medio ponderato di $69,4134. Dopo queste operazioni la persona che riferisce deteneva 123.898 azioni ordinarie e la titolarit脿 effettiva di 200.527 opzioni. Il Modulo 4 precisa che parte delle partecipazioni sono unit脿 azionarie soggette a vincoli di maturazione e che le opzioni maturano mensilmente secondo il calendario della concessione originaria. Il deposito 猫 stato firmato da Steven Madrid per procura il 05/09/2025.
Scott Darling, Chief Legal Officer de Upstart Holdings, Inc. (UPST), inform贸 transacciones contempor谩neas de ejercicio y venta de opciones realizadas bajo un plan de negociaci贸n conforme a la Rule 10b5-1 adoptado el 30 de mayo de 2025. El 03/09/2025 ejerci贸 una opci贸n sobre acciones de empleado con precio de ejercicio de $13.22 por 4.000 acciones y vendi贸 de inmediato 4.000 acciones en m煤ltiples operaciones a un precio medio ponderado de $69,4134. Tras estas transacciones, la persona informante pose铆a 123.898 acciones ordinarias y la propiedad beneficiaria de 200.527 opciones. El Formulario 4 indica que algunas participaciones son unidades de acciones restringidas sujetas a vesting y que las opciones vestan mensualmente seg煤n el calendario de la concesi贸n original. La presentaci贸n fue firmada por Steven Madrid por poder el 05/09/2025.
Upstart Holdings, Inc.(UPST)鞚� 斓滉碃氩曤毂呾瀯鞛�(Chief Legal Officer) 鞀れ涧 雼(Scott Darling)鞚� 2025雲� 5鞗� 30鞚� 毂勴儩霅� Rule 10b5-1 瓯半灅瓿勴殟鞐� 霐半澕 霃欖嫓 鞓奠厴 頄夓偓 氚� 毵る弰 瓯半灅毳� 氤搓碃頄堨姷雼堧嫟. 2025雲� 9鞗� 3鞚� 攴鸽姅 頄夓偓臧�瓴� $13.22鞚� 歆侅洂鞀ろ啞鞓奠厴 4,000欤茧ゼ 頄夓偓頃橁碃 歃夓嫓 鞐煬 瓯半灅搿� 4,000欤茧ゼ 臧�欷戫弶攴犼皜瓴� $69.4134鞐� 毵る弰頄堨姷雼堧嫟. 鞚� 瓯半灅 頉� 氤搓碃鞚胳潃 氤错喌欤� 123,898欤检檧 200,527臧滌潣 鞓奠厴鞐� 雽�頃� 鞁れ鞝� 氤挫湢毳� 鞙犾頄堨姷雼堧嫟. Form 4電� 鞚茧秬 氤挫湢臧� 氩犾姢韺� 雽�靸侅澑 鞝滍暅欤� 雼渼(Restricted Stock Units)鞛勳潉 氇呾嫓頃橂┌, 鞓奠厴鞚� 鞗愲灅 攵�鞐� 鞚检爼鞐� 霐半澕 毵れ洈 氩犾姢韸鸽悳雼り碃 氚濏様鞀惦媹雼�. 頃措嫻 鞁犼碃靹滊姅 2025雲� 9鞗� 5鞚� 鞙勳瀯鞛レ棎 鞚橅暣 鞀ろ嫲敫� 毵堧摐毽摐(Steven Madrid)臧� 靹滊獏頄堨姷雼堧嫟.
Scott Darling, Chief Legal Officer d'Upstart Holdings, Inc. (UPST), a d茅clar茅 des op茅rations simultan茅es d'exercice et de vente d'options effectu茅es dans le cadre d'un plan de n茅gociation conforme 脿 la Rule 10b5-1 adopt茅 le 30 mai 2025. Le 03/09/2025, il a exerc茅 une option d'actionnaire employ茅 au prix d'exercice de 13,22 $ pour 4 000 actions et a imm茅diatement vendu 4 000 actions en plusieurs transactions 脿 un prix moyen pond茅r茅 de 69,4134 $. Apr猫s ces op茅rations, la personne d茅clarante d茅tenait 123 898 actions ordinaires et la propri茅t茅 b茅n茅ficiaire de 200 527 options. Le formulaire 4 pr茅cise que certaines positions sont des unit茅s d'actions restreintes soumises 脿 un vesting et que les options acqui猫rent des droits mensuellement selon le calendrier de la attribution initiale. Le d茅p么t a 茅t茅 sign茅 par Steven Madrid par procuration le 05/09/2025.
Scott Darling, Chief Legal Officer von Upstart Holdings, Inc. (UPST), meldete gleichzeitige Optionen-Aus眉bungs- und Verkaufs颅transaktionen, die unter einem am 30. Mai 2025 angenommenen Rule鈥�10b5鈥�1鈥慔andelsplan durchgef眉hrt wurden. Am 03.09.2025 眉bte er eine Mitarbeiteraktienoption mit einem Aus眉bungspreis von $13,22 f眉r 4.000 Aktien aus und verkaufte sofort 4.000 Aktien in mehreren Transaktionen zu einem gewichteten Durchschnittspreis von $69,4134. Nach diesen Transaktionen hielt die meldende Person 123.898 Stammaktien und den wirtschaftlichen Eigentum an 200.527 Optionen. In Formular 4 wird darauf hingewiesen, dass ein Teil der Best盲nde Restricted Stock Units ist, die der Vesting鈥慠egelung unterliegen, und dass die Optionen monatlich gem盲脽 dem urspr眉nglichen Gew盲hrungsplan vesten. Die Einreichung wurde am 05.09.2025 von Steven Madrid per Vollmacht unterschrieben.
FAQ
What transactions did UPST insider Scott Darling report on Form 4?
Were the trades made under a 10b5-1 plan?
How many shares and options does the reporting person hold after the transaction?
Does the Form 4 disclose restricted stock units (RSUs)?
Who signed the Form 4 and when?
