Datta Sanjay 4

What Happened
Sanjay Datta, President (Capital & Enterprise) of Upstart Holdings, sold a total of 1,817 shares in open-market/private sales on May 15, 2026, generating aggregate proceeds of about $53,707. The reported dispositions were: 806 shares at a weighted-average price of $28.96 (proceeds $23,343) and 1,011 shares at a weighted-average price of $30.03 (proceeds $30,364). These sales were made to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs), so they are routine tax-withholding sales rather than an independent investment decision.

Key Details

• Transaction date: 2026-05-15; Form 4 filed: 2026-05-18.
• Reported sales: 806 shares @ $28.96 (weighted avg; actual prices ranged $28.43–$29.41) and 1,011 shares @ $30.03 (weighted avg; actual prices ranged $29.65–$30.55).
• Total proceeds: ~$53,707.
• Reason: Sales to cover tax withholding on RSU vesting (footnotes F1 and F3). Transaction codes: S (sale) and tax-withholding related (F).
• Shares owned after transaction: Not specified in the provided filing details.
• Filing notes: The weighted-average prices reflect multiple transactions; the reporting person will provide per-price breakdowns upon request (F2, F4).

Context
These were RSU-related withholding sales—common when restricted shares vest and taxes are due—so they typically do not signal a change in insider sentiment. For additional detail (exact per-trade prices and post-transaction holdings), consult the full Form 4 filing (Accession: 0001832808-26-000008).