Upstart accounting chief exercises option for 3,650 shares
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Form Type
4
Rhea-AI Filing Summary
Natalia Mirgorodskaya, Upstart Holdings, Inc.’s Chief Accounting Officer and Controller, exercised an option covering 3,650 common shares on November 6, 2026, at an exercise price of $2.15 per share. Following the exercise, she directly held 39,525 common shares, and the option record reported 4,350 underlying shares following the transaction. The option was fully vested and exercisable as of that date.
Insider Trade Summary
3,650 shares exercised/converted
Exercise
2 txns
Insider
Mirgorodskaya Natalia
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to buy) F2 | 3,650 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 3,650 | $2.15 | $8K |
Holdings After Transaction:
Employee Stock Option (Right to buy) — 4,350 options (Direct);
Common Stock — 39,525 shares (Direct)
Holdings Before and After:
Employee Stock Option (Right to buy), 8,000 to 4,350 options (Direct);
Common Stock, 35,875 to 39,525 shares (Direct)
Footnotes (2)
- F1. Certain of these securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Common Stock, subject to the applicable vesting schedule and conditions of each RSU.
- F2. All of the shares subject to this option are fully vested and exercisable as of the date hereof.
Key Figures
Shares covered by option exercise: 3,650 shares
Exercise price: $2.15 per share
Direct common shares after transaction: 39,525 shares
+1 more
4 metrics
Shares covered by option exercise
3,650 shares
November 6, 2026
Exercise price
$2.15 per share
Option exercise on November 6, 2026
Direct common shares after transaction
39,525 shares
Reported following the November 6, 2026 transaction
Underlying shares following transaction
4,350 shares
Employee stock option; reported following the November 6, 2026 transaction
Key Terms
employee stock option, restricted stock units (RSUs), vesting schedule, contingent right
4 terms
employee stock option technical
"All of the shares subject to this option are fully vested and exercisable"
An employee stock option is a promise that lets a worker buy company shares later at a predetermined price, often after they stay for a certain period or meet performance goals — think of it like a coupon that locks in today's price for a future purchase. It matters to investors because options align employees’ incentives with company performance, can increase the number of shares outstanding (dilution) when exercised, and represent a compensation cost that affects reported profits and shareholder value.
restricted stock units (RSUs) technical
"Certain of these securities are restricted stock units (RSUs)."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
vesting schedule technical
"subject to the applicable vesting schedule and conditions of each RSU"
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
contingent right technical
"Each RSU represents a contingent right to receive one share"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does UPST report about RSUs in Natalia Mirgorodskaya’s holdings?
Certain securities in the reported holdings are restricted stock units; each RSU represents a contingent right to receive one common share, subject to the applicable vesting schedule and conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
