Upstart Holdings, Inc. Form 4 Filing for Chief Legal Officer Scott Darling
On October 24, 2025, Scott Darling, the Chief Legal Officer of Upstart Holdings, Inc., engaged in several transactions involving the company's common stock. Darling exercised an employee stock option to acquire 1,000 shares at $13.22 per share and subsequently sold 1,000 shares at a weighted average price of $55.0124. These transactions were executed pursuant to a Rule 10b5-1 trading plan adopted on May 30, 2025. Following these transactions, Darling's total holdings in Upstart Holdings, Inc. common stock amounted to 123,148 shares. Additionally, 124,148 shares were transferred to the Darling Family Trust, of which Darling and his spouse are co-trustees. The filing also notes that certain securities are restricted stock units (RSUs), each representing a contingent right to receive one share of common stock, subject to vesting schedules and conditions.