Upstart (UPST) President Sanjay Datta Sells 2,033 Shares

What Happened Sanjay Datta, President, Capital & Enterprise at Upstart Holdings (UPST), disposed of 2,033 shares on August 17, 2026 in an open-market/private sale. The weighted-average price was $29.36, for total proceeds of approximately $59,683. The filing reports the sale code "S" and notes the shares were sold to cover tax withholding on vested restricted stock units (RSUs).

Key Details

• Transaction date: 2026-08-17; Form 4 filed: 2026-08-19.
• Shares sold: 2,033; weighted-average price: $29.36; total ≈ $59,683.
• Price range: $29.17 to $29.52 (shares sold in multiple transactions).
• Reason/footnote: Sold to cover tax withholding obligations related to RSU vesting (F1, F3).
• Ownership after transaction: Not disclosed in this filing.
• Filing status: Reported on 2026-08-19 (no late-filing flag indicated).

Context The sale was a tax-withholding sale tied to RSU vesting rather than a discretionary sale of previously held unrestricted shares. RSUs are contingent awards that convert to common stock upon vesting (F3). The weighted average price is reported; the filer can provide per-transaction prices on request (F2). Such withholding sales are routine and typically reflect tax obligations, not necessarily a signal about the insider’s view of the company.