Datta Sanjay 4

What Happened

• Sanjay Datta, Chief Financial Officer of Upstart Holdings (UPST), sold 7,982 shares in open‑market transactions on February 20, 2026. The weighted average sale price was $29.86 per share, for total proceeds of approximately $238,375. The filing notes the sale was made to cover tax withholding obligations related to the vesting of restricted stock units (RSUs).

Key Details

• Transaction date: 2026-02-20. Report filed: 2026-02-24 (timely).
• Sale type/code: Open market sale (S); weighted average price $29.86; individual sale prices ranged $29.585–$30.30.
• Total shares sold: 7,982; total proceeds reported: $238,375.
• Footnotes: F1—shares sold to cover tax withholding on RSU vesting; F2—weighted average reported, multiple trade prices available on request; F3—Column 5 includes 390 shares acquired Feb 13, 2026 under the ESPP; F4—some securities in Column 5 are RSUs (contingent rights to receive shares).
• Shares owned after transaction: Not specified in the summary provided; filing’s Column 5 includes ESPP shares and outstanding RSUs.

Context

• This was a routine tax‑withholding sale tied to RSU vesting, which is common and not necessarily a signal of negative sentiment. The filing indicates multiple small trades (hence the weighted average) and offers to disclose per‑trade details on request.