Datta Sanjay 4

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.