Blankmeyer Andrea 4
4 · Upstart Holdings, Inc. · Filed May 18, 2026
Research Summary
AI-generated summary of this filing
Upstart (UPST) CFO Andrea Blankmeyer Sells 7,044 Shares
What Happened
Andrea Blankmeyer, Chief Financial Officer of Upstart Holdings (UPST), sold a total of 7,044 shares on May 15, 2026 in three open-market/private-sale transactions. The disposals were: 2,759 shares (weighted avg $28.96) for $79,901; 4,184 shares (weighted avg $30.05) for $125,717; and 101 shares at ~$30.54 for $3,085. Total proceeds across the three transactions were approximately $208,703. These sales were reported on Form 4 filed May 18, 2026.
Key Details
- Transaction date: May 15, 2026 (filed May 18, 2026) — filing appears timely.
- Transaction type: Sales (code S) — open market or private sale.
- Total shares sold: 7,044; total proceeds: ~$208,703.
- Price details / ranges (weighted averages reported):
- 2,759 shares: weighted avg $28.96; underlying trade prices ranged $28.435–$29.43.
- 4,184 shares: weighted avg $30.05; underlying trade prices ranged $29.48–$30.45.
- 101 shares: weighted avg ~$30.54; underlying trade prices ranged $30.54–$30.55.
- The filer notes willingness to provide per-price details on request (standard Form 4 disclosure).
- Reason given: shares were sold to cover tax withholding obligations in connection with the vesting of restricted stock units (RSUs). Each RSU represents a contingent right to receive one share. (Tax-withholding sales are routine.)
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
Context
- These were tax-withholding sales tied to RSU vesting (routine administrative sales) rather than open-market purchases — such transactions generally reflect vesting tax obligations, not necessarily a buy/sell signal about company prospects.
- For retail investors, purchases by insiders often carry more informational weight than routine withholding sales; this filing documents compensation-related disposals.
Insider Transaction Report
Form 4
Blankmeyer Andrea
Chief Financial Officer
Transactions
- Sale
Common Stock
[F1][F2][F3]2026-05-15$28.96/sh−2,759$79,901→ 166,668 total - Sale
Common Stock
[F1][F4][F3]2026-05-15$30.05/sh−4,184$125,717→ 162,484 total - Sale
Common Stock
[F1][F5][F3]2026-05-15$30.54/sh−101$3,085→ 162,383 total
Footnotes (5)
- [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 $28.435 to $29.43. 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]Certain of these securities 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.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.48 to $30.45. 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.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.54 to $30.55. 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.
Signature
/s/ Steven Madrid, by power of attorney|2026-05-18