4
Featured
Impact 9/10
Insider Transaction
$UPST · Upstart Holdings, Inc.
Summary
Form 4 shows CEO Paul Gu acquired 50,000 shares of Upstart common stock on 2026-11-11 at $20.568/share, totaling. The purchase was made indirectly through an LLC, bringing that entity's holding to 180,000 shares. Gu also holds 1,102,616 shares directly plus 114,930 shares across two trusts.
Key points
- CEO Paul Gu bought 50,000 shares at $20.568/share, totaling.
- Purchase was indirect through an LLC, raising that holding to 180,000 shares.
- No 10b5-1 plan was used for the transaction.
- Gu holds 1,102,616 shares directly plus 114,930 shares across two trusts.
Insider transaction — significant buy
InsiderGu Paul (Chief Executive Officer)
Actionpurchase
Shares50,000
Price$20.568
Total value$1,028,400.00
Owned after180,000 Indirect (by LLC); plus 1,102,616 Direct; 44,930 Indirect (by trust); 70,000 Indirect (by trust)
Market impact
Extended-hours trading shows shares at $19.85, up 1.48% from the $19.56 regular close, a modest positive reaction to the insider buy.
Why this matters
A CEO's open-market purchase of $1.03M is a concrete signal of insider confidence in Upstart's valuation.
Sector context
_Not applicable._
Risk factors
Insider purchases signal confidence but do not guarantee future performance; the buy is a small fraction of Gu's total holdings.
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