Upland (UPLD) COO Dan Doman Withholds 2,952 Shares for Taxes

What Happened
Dan Doman, Chief Operating Officer of Upland Software (UPLD), had 2,952 shares withheld by the company on Sept 16, 2026 to satisfy tax withholding obligations related to the vesting of restricted stock units. The withholding was reported at a per-share value of $3.94, for a total of $11,646. This was a tax-withholding transaction (code F), not an open-market sale.

Key Details

• Transaction date: 2026-09-16
• Transaction type/code: Shares withheld for taxes (F) related to RSU vesting
• Shares withheld/disposed: 2,952 shares at $3.94 each; total value $11,646
• Shares owned after transaction: Not specified in the provided filing summary
• Footnote: F1 — shares were withheld by the issuer to satisfy tax withholding obligations; this is not an open market sale
• Filing: Form 4 filed with accession 0001940842-26-000010 on 2026-09-21 (no late-filing flag provided in the summary)

Context
Withholding shares to cover taxes on vested RSUs is a common administrative action and does not reflect an open-market sale or an intended investment decision by the insider. Such transactions are typically routine and used solely to meet tax liabilities arising from equity compensation.