Upstart (UPST) Director Mary Hentges Receives 6,476-Share Award

What Happened Mary Hentges, a director of Upstart Holdings, was granted 6,476 restricted stock units (RSUs) on May 29, 2026. The filing reports an acquisition price of $0.00 (award), so the transaction is recorded with a reported value of $0. This was an equity award (not an open-market buy or sale).

Key Details

• Transaction type: Grant/Award (code A) of 6,476 RSUs
• Transaction date: 2026-05-29; Form 4 filed: 2026-06-02 (appears timely under the two-business-day rule)
• Reported price/value: $0.00 (award); reported dollar amount $0
• Shares owned after transaction: Not disclosed in the Form 4 provided
• Footnote: Each RSU equals a contingent right to one share. 100% of the RSUs vest on the earlier of May 29, 2027 or the day before Upstart’s 2027 annual meeting, subject to continued service.

Context RSUs are a form of compensation that convert into shares only if vesting conditions are met; they are not immediate purchases of stock. Such director awards are commonly part of routine compensation and do not, by themselves, indicate an insider buying or selling based on a view of near-term stock performance.