Upstart Holdings, Inc.·4

Jun 2, 4:32 PM ET

O'Kelly Ciaran 4

4 · Upstart Holdings, Inc. · Filed Jun 2, 2026

Research Summary

AI-generated summary of this filing

Updated

Upstart (UPST) Director Ciaran O'Kelly Receives RSU Award

What Happened
Ciaran O'Kelly, a director of Upstart Holdings, received a grant of 6,476 restricted stock units (RSUs) on May 29, 2026. The acquisition price reported is $0.00 (an award/grant), so no cash was paid. This was a compensation award rather than an open-market purchase or sale.

Key Details

  • Transaction type: A (Award/Grant) — 6,476 RSUs
  • Transaction date: 2026-05-29; Form 4 filed 2026-06-02 (within the SEC two-business-day window)
  • Acquisition price: $0.00 (grant)
  • Shares owned after transaction: not specified in the filing
  • Footnote: RSUs are contingent rights to one share each. 100% of the RSUs vest on the earlier of May 29, 2027 or the day before the issuer's 2027 annual meeting, subject to continued service (per footnote F1).

Context
RSU grants are commonly used as director or executive compensation and do not represent an immediate cash investment or sale. These units convert to common stock only if vesting conditions (continued service until the vest date or the annual meeting) are met; no shares were sold or exercised at the time of this filing.

Insider Transaction Report

Form 4
Period: 2026-05-29
Transactions
  • Award

    Common Stock

    [F1]
    2026-05-29+6,47639,484 total
Footnotes (1)
  • [F1]These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Common Stock. 100% of the RSUs shall vest on the earlier of May 29, 2027 or the day prior to the date of the Issuer's 2027 annual meeting of stockholders, subject to the Reporting Person continuing as a service provider through such date.
Signature
/s/ Steven Madrid, by power of attorney|2026-06-02

Documents

1 file
  • 4
    wk-form4_1780432337.xmlPrimary

    FORM 4