Mirgorodskaya Natalia 4

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.