Jennifer L. Simon, Chief Financial Officer of Upland Software, Inc., filed a statement of changes in beneficial ownership on September 21, 2026, reporting a transaction dated September 16, 2026, involving shares of the company's common stock.

Key Highlights

  • Reporting person: Jennifer L. Simon, Chief Financial Officer of Upland Software, Inc. (NASDAQ:UPLD)
  • Transaction type: 1,117 shares of common stock were disposed of under transaction code "F" at a price of $3.945 per share on September 16, 2026
  • Purpose of transaction: According to the filing, the shares were withheld by the issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units, and the filing states this "is not an open market sale of securities"
  • Resulting ownership: Following the transaction, Simon directly beneficially owned 28,883 shares of common stock
  • Filing date: The statement was signed and filed on September 21, 2026

Upland Software CFO Share Withholding Details and Company Context

According to the filing, Jennifer L. Simon, serving as Chief Financial Officer of Upland Software, Inc., reported the disposition of 1,117 shares of common stock on September 16, 2026. The transaction was assigned code "F," which the filing's footnote clarifies as shares withheld by the issuer to cover tax withholding obligations arising from the vesting of restricted stock units. The per-share price recorded in the filing is $3.945. Upland Software is a software company traded on NASDAQ under the ticker UPLD, and Simon's role as CFO places her among the officers required to report changes in beneficial ownership under Section 16(a) of the Securities Exchange Act of 1934.

The filing indicates that following this share withholding event, Simon held 28,883 shares of Upland Software common stock directly. No derivative securities were reported in Table II of the filing, and no amendment date was listed, indicating this is an original filing. The transaction was not executed in the open market, as the filing explicitly notes the shares were withheld by the issuer rather than sold through an exchange.

What Was Disclosed

The filing disclosed that Upland Software's CFO, Jennifer L. Simon, had 1,117 shares withheld at $3.945 per share on September 16, 2026, to satisfy tax obligations upon restricted stock unit vesting, leaving her with direct beneficial ownership of 28,883 shares.