Upstart Holdings, Inc.·4

Feb 24, 4:46 PM ET

Mirgorodskaya Natalia 4

4 · Upstart Holdings, Inc. · Filed Feb 24, 2026

Research Summary

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Updated

Upstart (UPST) Chief Accounting Officer Natalia Mirgorodskaya Sells Shares

What Happened

  • Natalia Mirgorodskaya, Upstart's Chief Accounting Officer and Controller, sold 633 shares of Upstart common stock in an open-market transaction on Feb 20, 2026, for total proceeds of approximately $18,925. The reported weighted-average price was $29.90 (individual sale prices ranged $29.58–$30.26). Footnotes indicate the sale was to cover tax withholding associated with RSU vesting.

Key Details

  • Transaction date: 2026-02-20; Form 4 filed: 2026-02-24 (timely).
  • Shares sold: 633; weighted-average price: $29.90; price range: $29.58–$30.26; proceeds ≈ $18,925.
  • Purpose: Sell-to-cover for tax withholding on vested RSUs (Footnote F1; code S = sale).
  • Additional notes: 390 shares were acquired on Feb 13, 2026 under the company ESPP (F3). Some reported securities are RSUs that convert to common stock upon vesting (F4). The filing offers to provide per-transaction pricing details on request (F2).
  • Shares owned after transaction: not specified in the provided excerpt—see the Form 4 for current holdings.

Context

  • This was a routine sell-to-cover tied to RSU vesting, a common way insiders satisfy tax obligations and not necessarily a signal about company prospects. No option exercise, gift, or 10% owner transaction was reported.

Insider Transaction Report

Form 4
Period: 2026-02-20
Transactions
  • Sale

    Common Stock

    [F1][F2][F3][F4]
    2026-02-20$29.90/sh633$18,92526,155 total
Footnotes (4)
  • [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 $29.58 to $30.26. 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]Includes 390 shares acquired on February 13, 2026 under the Issuer's 2020 Employee Stock Purchase Plan.
  • [F4]Certain of the securities reported in Column 5 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/ Scott Darling|2026-02-24

Documents

1 file
  • 4
    wk-form4_1771969607.xmlPrimary

    FORM 4