Datta Sanjay 4
4 · Upstart Holdings, Inc. · Filed May 22, 2026
Research Summary
AI-generated summary of this filing
Upstart (UPST) President Sanjay Datta Sells 7,985 Shares
What Happened Sanjay Datta, President (Capital & Enterprise) of Upstart Holdings (UPST), sold 7,985 shares on May 20, 2026 in an open-market/private sale for a weighted-average price of $28.77, generating roughly $229,740. According to the filing, the sale was effected to cover tax withholding obligations tied to the vesting of restricted stock units (RSUs).
Key Details
- Transaction date: 2026-05-20; Form 4 filed: 2026-05-22 (timely filed within required reporting window).
- Transaction type/code: Sale (S) — disposition to satisfy tax withholding (footnote F1 / F).
- Price reported: weighted average $28.77; actual sale prices ranged from $28.26 to $29.045 (footnote F2).
- Shares sold: 7,985; proceeds ≈ $229,740.
- Security type: RSUs underlying common stock (footnote F3) — RSUs vested and shares were sold to cover withholding.
- Filing notes: Reporting person will provide a breakdown of shares sold at each price upon request (per F2).
- Shares owned after transaction: not specified in the provided filing details.
Context Sales to cover tax withholding on RSU vesting are routine and do not necessarily indicate a change in insider sentiment. The filing discloses this was a standard withholding sale rather than an opportunistic market sell initiated for investment reasons.
Insider Transaction Report
Form 4
Datta Sanjay
President, Capital& Enterprise
Transactions
- Sale
Common Stock
[F1][F2][F3]2026-05-20$28.77/sh−7,985$229,740→ 328,556 total
Footnotes (3)
- [F1]These shares were sold to cover tax withholding obligations in connection with the vesting of restricted stock units (RSUs).
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.26 to $29.045. 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.
- [F3]Certain of these securities are 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.
Signature
/s/ Steven Madrid, by power of attorney|2026-05-21