$UPST · Upstart Holdings, Inc.
Upstart CEO Paul Gu reported a discretionary open-market purchase of 50,000 shares at $25.55 per share, totaling $1,277,500. The transaction was not executed under a 10b5-1 trading plan. Post-transaction, Gu directly owns 130,000 shares.
- CEO Paul Gu purchased 50,000 shares at $25.55 each, totaling $1,277,500.
- Transaction was not executed under a 10b5-1 plan — a direct, discretionary open-market buy.
- Post-transaction, Gu holds 130,000 shares directly.
- No shares were sold; the filing reports only an acquisition.
Stock closed at $25.10, down 3.05% on the day. The CEO's $1.28M buy at $25.55 — above the closing price — signals conviction but did not reverse the session's negative momentum.
A CEO buying $1.28M in stock on the open market without a 10b5-1 plan is one of the purest insider-confidence signals available.
_Not applicable._
No 10b5-1 plan means the purchase is discretionary, but a single buy does not guarantee future performance or additional insider accumulation.
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