Sanjay Datta, President, Capital & Enterprise at Upstart Holdings, Inc. (NASDAQ:UPST), filed a Form 4 on August 21, 2026, reporting the sale of common stock on August 19 and August 20, 2026.

Key Highlights

  • First sale: Datta disposed of 10,000 shares of common stock on August 19, 2026, at a weighted average price of $31.4633 per share, with individual transaction prices ranging from $31.415 to $31.50.
  • Second sale: On August 20, 2026, 8,945 shares were disposed of at a weighted average price of $28.0937, with prices ranging from $27.98 to $28.475.
  • Tax withholding purpose: According to the filing, the 8,945 shares sold on August 20 were sold to cover tax withholding obligations in connection with the vesting of restricted stock units (RSUs).
  • Remaining ownership: Following both transactions, Datta directly beneficially owned 292,578 shares of common stock, certain of which are RSUs representing a contingent right to receive one share of common stock each.
  • Reporting person title: Datta is identified in the filing as President, Capital & Enterprise of Upstart Holdings, Inc.

Sanjay Datta's Share Disposals at Upstart Holdings

According to the Form 4 filed with the SEC on August 21, 2026, Sanjay Datta, an officer of Upstart Holdings, Inc. listed on NASDAQ:UPST, reported two separate disposals of common stock over consecutive trading days. On August 19, 2026, Datta sold 10,000 shares at a weighted average price of $31.4633. The filing notes that these shares were sold in multiple transactions at prices ranging from $31.415 to $31.50, and that full pricing detail is available upon request to the issuer, any security holder, or SEC staff.

On August 20, 2026, Datta disposed of an additional 8,945 shares at a weighted average price of $28.0937, in multiple transactions at prices ranging from $27.98 to $28.475. The filing states that these shares were sold specifically to cover tax withholding obligations in connection with the vesting of RSUs. Following the August 19 transaction, beneficial ownership stood at 301,523 shares, and after the August 20 sale, it fell to 292,578 shares, held directly.

The filing notes that certain of the 292,578 securities remaining are RSUs, each representing "a contingent right to receive one share of Common Stock, subject to the applicable vesting schedule and conditions of each RSU." Both transactions are coded "S" (open market or private sale) in the filing. The Form 4 was signed by Steven Madrid, by power of attorney, on August 21, 2026. No derivative securities transactions were reported in Table II.

What Was Disclosed

Sanjay Datta, President, Capital & Enterprise of Upstart Holdings, reported the direct sale of 18,945 total shares of common stock across two dates, with the August 20 sale tied to RSU vesting tax obligations, leaving him with 292,578 shares beneficially owned directly.