[Form 4] Upstart Holdings, Inc. Common stock Insider Trading Activity
Upstart Holdings, Inc. (UPST) insider activity shows the company's Chief Accounting Officer exercised 365 stock options at an exercise price of $25.90 and then sold those 365 shares at a weighted average price of about $70.00. The reporting person also sold an additional 1,024 shares at $68.00. After these transactions the reporting person beneficially owned 22,520 shares of common stock and holds 2,947 vested employee stock options exercisable through August 31, 2032. Some shares counted in holdings are restricted stock units (RSUs), representing contingent rights to receive shares subject to vesting. The trades were executed pursuant to a Rule 10b5-1 trading plan.
Upstart Holdings, Inc. (UPST) - L'attivit脿 interna mostra che il Chief Accounting Officer ha esercitato 365 opzioni su azioni a un prezzo di esercizio di $25,90 e ha poi venduto quelle 365 azioni a un prezzo medio ponderato di circa $70,00. La persona che ha presentato la comunicazione ha inoltre venduto ulteriori 1.024 azioni a $68,00. Dopo queste operazioni, la persona beneficiariamente deteneva 22.520 azioni ordinarie e possiede 2.947 opzioni azionarie dipendenti gi脿 maturate esercitabili fino al 31 agosto 2032. Alcune azioni incluse nelle partecipazioni sono restricted stock units (RSU), che rappresentano diritti condizionati a ricevere azioni soggette a vesting. Le negoziazioni sono state eseguite in base a un piano di negoziazione Rule 10b5-1.
Upstart Holdings, Inc. (UPST) - La actividad interna muestra que el Chief Accounting Officer ejerci贸 365 opciones sobre acciones a un precio de ejercicio de $25,90 y luego vendi贸 esas 365 acciones a un precio promedio ponderado de aproximadamente $70,00. La persona informante tambi茅n vendi贸 1.024 acciones adicionales a $68,00. Tras estas operaciones, la persona beneficiaria pose铆a 22.520 acciones ordinarias y tiene 2.947 opciones de acciones de empleados ya ejercitadas ejercitables hasta el 31 de agosto de 2032. Algunas acciones incluidas en las participaciones son restricted stock units (RSU), que representan derechos condicionales a recibir acciones sujetos a vesting. Las transacciones se realizaron conforme a un plan de negociaci贸n Rule 10b5-1.
Upstart Holdings, Inc. (UPST) 雮措秬 瓯半灅 雮挫棴鞐� 霐半ゴ氅� 斓滉碃須岅硠毂呾瀯鞛�(CAO)電� 頄夓偓 臧�瓴� $25.90鞐� 365欤�鞚� 鞀ろ啞鞓奠厴鞚� 頄夓偓頃橁碃, 頃措嫻 365欤�毳� 臧�欷戫弶攴� 鞎� $70.00鞐� 毵る弰頄堨姷雼堧嫟. 鞁犼碃鞚胳潃 於旉皜搿� 1,024欤�毳� $68.00鞐� 毵る弰頄堨姷雼堧嫟. 鞚� 瓯半灅 鞚错泟 鞁犼碃鞚胳潃 氤错喌欤� 22,520欤�毳� 鞁れ鞝侅溂搿� 氤挫湢頃橁碃 鞛堨溂氅�, 2032雲� 8鞗� 31鞚缄箤歆� 頄夓偓 臧�電ロ暅 2,947臧滌潣 旮办劚 歆侅洂 鞀ろ啞鞓奠厴鞚� 氤挫湢頃橁碃 鞛堨姷雼堧嫟. 氤挫湢 欤检嫕 欷� 鞚茧秬電� 臧�霌� 臁瓣贝(vesting)鞚� 鞛堧姅 欤检嫕鞚� 氚涭潉 靾� 鞛堧姅 甓岆Μ毳� 雮橅儉雮措姅 鞝滍暅欤检嫕雼渼(搁厂鲍蝉)鞛呺媹雼�. 頃措嫻 瓯半灅霌れ潃 Rule 10b5-1 瓯半灅瓿勴殟鞐� 霐半澕 鞁ろ枆霅橃棃鞀惦媹雼�.
Upstart Holdings, Inc. (UPST) - L'activit茅 des initi茅s montre que le Chief Accounting Officer a exerc茅 365 options d'achat d'actions au prix d'exercice de 25,90 $ puis a vendu ces 365 actions 脿 un prix moyen pond茅r茅 d'environ 70,00 $. La personne d茅clarante a 茅galement vendu 1 024 actions suppl茅mentaires 脿 68,00 $. Apr猫s ces op茅rations, la personne b茅n茅ficiaire d茅tenait 22 520 actions ordinaires et d茅tient 2 947 options d'achat d'actions attribu茅es et d茅j脿 acquises exer莽ables jusqu'au 31 ao没t 2032. Certaines actions incluses dans les avoirs sont des restricted stock units (RSU), repr茅sentant des droits conditionnels 脿 recevoir des actions soumis au vesting. Les transactions ont 茅t茅 effectu茅es en vertu d'un plan de n茅gociation Rule 10b5-1.
Upstart Holdings, Inc. (UPST) - Die Insider-Aktivit盲t zeigt, dass der Chief Accounting Officer 365 Aktienoptionen zum Aus眉bungspreis von $25,90 ausge眉bt und diese 365 Aktien anschlie脽end zu einem gewichteten Durchschnittspreis von etwa $70,00 verkauft hat. Die meldepflichtige Person verkaufte zudem weitere 1.024 Aktien zu $68,00. Nach diesen Transaktionen besa脽 die meldepflichtige Person wirtschaftlich 22.520 Stammaktien und h盲lt 2.947 ausge眉bte Mitarbeiter-Aktienoptionen, die bis zum 31. August 2032 aus眉bbar sind. Einige der in den Best盲nden enthaltenen Aktien sind Restricted Stock Units (RSUs), die bedingte Rechte auf Erhalt von Aktien darstellen und dem Vesting unterliegen. Die Transaktionen wurden gem盲脽 einem Rule 10b5-1-Handelsplan 补耻蝉驳别蹿眉丑谤迟.
- Transactions executed under a Rule 10b5-1 plan, indicating pre-arranged, compliant trading
- Reporting person retains equity exposure via 2,947 vested options and RSUs, maintaining alignment with shareholders
- Insider reduced direct ownership to 22,520 shares, a measurable decrease in insider-held common stock
- Large immediate gain realized from exercising at $25.90 and selling near $70.00, which monetizes insider upside
Insights
TL;DR Insider exercised options cheaply and monetized a portion of shares under a 10b5-1 plan, modestly reducing holdings.
The Chief Accounting Officer exercised 365 options at $25.90, converting options into shares and immediately selling those shares at ~$70.00, capturing a large spread per share. A separate block of 1,024 shares was sold at $68.00, resulting in total post-transaction beneficial ownership of 22,520 shares. The presence of RSUs and 2,947 vested options remaining indicates continued equity exposure. Because transactions were made under a Rule 10b5-1 plan, they appear pre-planned rather than opportunistic, which is neutral from a governance perspective but does reduce insider share count.
TL;DR Use of a documented 10b5-1 plan suggests compliance with insider trading controls; sales reduce insider stake but are pre-arranged.
The reporting person followed a Rule 10b5-1 trading plan, which provides an affirmative defense to insider trading claims when properly adopted. Reporting also discloses that some reported shares are RSUs and that options reported are fully vested and exercisable. These disclosures enhance transparency. The net reduction in direct holdings to 22,520 shares is notable for share-count monitoring but not a governance red flag given the plan-based execution and retained vested options.
Upstart Holdings, Inc. (UPST) - L'attivit脿 interna mostra che il Chief Accounting Officer ha esercitato 365 opzioni su azioni a un prezzo di esercizio di $25,90 e ha poi venduto quelle 365 azioni a un prezzo medio ponderato di circa $70,00. La persona che ha presentato la comunicazione ha inoltre venduto ulteriori 1.024 azioni a $68,00. Dopo queste operazioni, la persona beneficiariamente deteneva 22.520 azioni ordinarie e possiede 2.947 opzioni azionarie dipendenti gi脿 maturate esercitabili fino al 31 agosto 2032. Alcune azioni incluse nelle partecipazioni sono restricted stock units (RSU), che rappresentano diritti condizionati a ricevere azioni soggette a vesting. Le negoziazioni sono state eseguite in base a un piano di negoziazione Rule 10b5-1.
Upstart Holdings, Inc. (UPST) - La actividad interna muestra que el Chief Accounting Officer ejerci贸 365 opciones sobre acciones a un precio de ejercicio de $25,90 y luego vendi贸 esas 365 acciones a un precio promedio ponderado de aproximadamente $70,00. La persona informante tambi茅n vendi贸 1.024 acciones adicionales a $68,00. Tras estas operaciones, la persona beneficiaria pose铆a 22.520 acciones ordinarias y tiene 2.947 opciones de acciones de empleados ya ejercitadas ejercitables hasta el 31 de agosto de 2032. Algunas acciones incluidas en las participaciones son restricted stock units (RSU), que representan derechos condicionales a recibir acciones sujetos a vesting. Las transacciones se realizaron conforme a un plan de negociaci贸n Rule 10b5-1.
Upstart Holdings, Inc. (UPST) 雮措秬 瓯半灅 雮挫棴鞐� 霐半ゴ氅� 斓滉碃須岅硠毂呾瀯鞛�(CAO)電� 頄夓偓 臧�瓴� $25.90鞐� 365欤�鞚� 鞀ろ啞鞓奠厴鞚� 頄夓偓頃橁碃, 頃措嫻 365欤�毳� 臧�欷戫弶攴� 鞎� $70.00鞐� 毵る弰頄堨姷雼堧嫟. 鞁犼碃鞚胳潃 於旉皜搿� 1,024欤�毳� $68.00鞐� 毵る弰頄堨姷雼堧嫟. 鞚� 瓯半灅 鞚错泟 鞁犼碃鞚胳潃 氤错喌欤� 22,520欤�毳� 鞁れ鞝侅溂搿� 氤挫湢頃橁碃 鞛堨溂氅�, 2032雲� 8鞗� 31鞚缄箤歆� 頄夓偓 臧�電ロ暅 2,947臧滌潣 旮办劚 歆侅洂 鞀ろ啞鞓奠厴鞚� 氤挫湢頃橁碃 鞛堨姷雼堧嫟. 氤挫湢 欤检嫕 欷� 鞚茧秬電� 臧�霌� 臁瓣贝(vesting)鞚� 鞛堧姅 欤检嫕鞚� 氚涭潉 靾� 鞛堧姅 甓岆Μ毳� 雮橅儉雮措姅 鞝滍暅欤检嫕雼渼(搁厂鲍蝉)鞛呺媹雼�. 頃措嫻 瓯半灅霌れ潃 Rule 10b5-1 瓯半灅瓿勴殟鞐� 霐半澕 鞁ろ枆霅橃棃鞀惦媹雼�.
Upstart Holdings, Inc. (UPST) - L'activit茅 des initi茅s montre que le Chief Accounting Officer a exerc茅 365 options d'achat d'actions au prix d'exercice de 25,90 $ puis a vendu ces 365 actions 脿 un prix moyen pond茅r茅 d'environ 70,00 $. La personne d茅clarante a 茅galement vendu 1 024 actions suppl茅mentaires 脿 68,00 $. Apr猫s ces op茅rations, la personne b茅n茅ficiaire d茅tenait 22 520 actions ordinaires et d茅tient 2 947 options d'achat d'actions attribu茅es et d茅j脿 acquises exer莽ables jusqu'au 31 ao没t 2032. Certaines actions incluses dans les avoirs sont des restricted stock units (RSU), repr茅sentant des droits conditionnels 脿 recevoir des actions soumis au vesting. Les transactions ont 茅t茅 effectu茅es en vertu d'un plan de n茅gociation Rule 10b5-1.
Upstart Holdings, Inc. (UPST) - Die Insider-Aktivit盲t zeigt, dass der Chief Accounting Officer 365 Aktienoptionen zum Aus眉bungspreis von $25,90 ausge眉bt und diese 365 Aktien anschlie脽end zu einem gewichteten Durchschnittspreis von etwa $70,00 verkauft hat. Die meldepflichtige Person verkaufte zudem weitere 1.024 Aktien zu $68,00. Nach diesen Transaktionen besa脽 die meldepflichtige Person wirtschaftlich 22.520 Stammaktien und h盲lt 2.947 ausge眉bte Mitarbeiter-Aktienoptionen, die bis zum 31. August 2032 aus眉bbar sind. Einige der in den Best盲nden enthaltenen Aktien sind Restricted Stock Units (RSUs), die bedingte Rechte auf Erhalt von Aktien darstellen und dem Vesting unterliegen. Die Transaktionen wurden gem盲脽 einem Rule 10b5-1-Handelsplan 补耻蝉驳别蹿眉丑谤迟.
FAQ
What transactions did the UPST reporting person execute?
Were the trades pre-planned under a Rule 10b5-1 plan for UPST?
How many shares does the reporting person own after these transactions?
Does the reporting person still have vested options or RSUs in UPST?
What was the exercise price and remaining option expiration?
