Form 4 for UPST Upstart Holdings, Inc.
Accepted 2025-10-28 00:00:00 ET · period of report 2025-10-24 · accession 0001558259-25-000013 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2025-10-28 | 2025-10-24 | UPST | Darling Scott | CLO | M - OptEx | $13.22 | +1,000 | 124.1K | +0.8% | +$13.2K |
| DI | 2025-10-28 | 2025-10-24 | UPST | Darling Scott | CLO | S - Sale+OE | $55.01 | -1,000 | 123.1K | -0.8% | -$55.0K |
| D | 2025-10-28 | 2025-10-24 | UPST | Darling Scott | CLO | M - OptEx | $0.00 | -1,000 | 197.5K | -0.5% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-10-24 | M | A | 1,000 | $13.22 | 124,148 | I by trust | — | — | (F1) The option exercise and sale reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 30, 2025. (F2) 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. (F3) The number of shares held reflects the transfer of 124,148 shares of Common Stock from the Reporting Person to the Darling Family Trust, under agreement dated September 18, 2025, of which the Reporting Person and his spouse are co-trustees (the "Darling Family Trust"). (F4) The shares are held by the Darling Family Trust. |
| 2 | Common | Common Stock | 2025-10-24 | S | D | 1,000 | $55.01 | 123,148 | I by trust | — | — | (F5) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.00 to $55.03. 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. (F1) The option exercise and sale reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 30, 2025. (F2) 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. (F4) The shares are held by the Darling Family Trust. |
| 3 | Derivative | Employee Stock Option (Right to buy) | 2025-10-24 | M | D | 1,000 | $0.00 | 197,527 | D | $13.22 · — to 2032-12-31 | 1,000 Common Stock | (F6) 1/48 of the shares subject to the option shall vest on January 20, 2023 and at the end of each successive one-month period thereafter, subject to the Reporting Person continuing as a service provider through each such date. |