Upstart director Girouard buys 170,240 shares
Upstart Holdings director and 10% owner Dave Girouard, through indirectly owned entities, bought 170,240 shares of Upstart common stock in open-market purchases on May 7, 2026.
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Form Type
4
Rhea-AI Filing Summary
Upstart Holdings director and 10% owner Dave Girouard, through indirectly owned entities, bought 170,240 shares of Upstart common stock in open-market purchases on May 7, 2026. The filing shows two trades of 300 shares at $29.76 per share and 169,940 shares at $29.3673 per share. It also reports 52,614 shares of Upstart common stock held directly in his name as of the same date.
Insider Trade Summary
Net Buyer: 170,240 shares
Net Buy
8 txns
Insider
Girouard Dave
Role
Director, 10% Owner
Bought
170,240 shs ($5.00M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 169,940 | $29.3673 | $4.99M |
| Purchase | Common Stock | 300 | $29.76 | $9K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 10,858,057 shares (Indirect, See Footnote);
Common Stock — 52,614 shares (Direct)
Footnotes (7)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.74 to $29.735. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
- F2. These shares are held by 2008 D&T Girouard Revocable Trust, for which the Reporting Person serves as Trustee.
- F3. These shares are held by David J Girouard, as trustee of the DTG GRAT LLC, dated May 23,2023.
- F4. These shares are held by Tristen Baird Willard, as trustee of the TMG 2020 EXEMPT GIFT TRUST, dated October 19, 2020.
- F5. These shares are held by Tristen Baird Willard, as trustee of the JRG 2020 EXEMPT GIFT TRUST, dated October 19, 2020.
- F6. These shares are held by Tristen Baird Willard, as trustee of the TMG 2020 NONEXEMPT GIFT TRUST, dated October 19, 2020.
- F7. These shares are held by Tristen Baird Willard, as trustee of the JRG 2020 NONEXEMPT GIFT TRUST, dated October 19, 2020.
Key Figures
Total shares bought: 170,240 shares
First purchase size: 300 shares
Second purchase size: 169,940 shares
+3 more
6 metrics
Total shares bought
170,240 shares
Open-market purchases of Upstart common stock on May 7, 2026
First purchase size
300 shares
Open-market buy at $29.76 per share on May 7, 2026
Second purchase size
169,940 shares
Open-market buy at $29.3673 per share on May 7, 2026
Purchase price (small lot)
$29.76 per share
Price for 300-share open-market purchase
Purchase price (large lot)
$29.3673 per share
Price for 169,940-share open-market purchase
Direct holdings
52,614 shares
Upstart common stock held directly as of May 7, 2026
Key Terms
open-market purchase, weighted average price, Revocable Trust, GRAT LLC, +2 more
6 terms
open-market purchase financial
"transaction_action is described as an open-market purchase of common stock"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Revocable Trust financial
"These shares are held by 2008 D&T Girouard Revocable Trust, for which the Reporting Person serves as Trustee."
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
GRAT LLC financial
"These shares are held by David J Girouard, as trustee of the DTG GRAT LLC, dated May 23,2023."
EXEMPT GIFT TRUST financial
"These shares are held by Tristen Baird Willard, as trustee of the TMG 2020 EXEMPT GIFT TRUST, dated October 19, 2020."
NONEXEMPT GIFT TRUST financial
"These shares are held by Tristen Baird Willard, as trustee of the TMG 2020 NONEXEMPT GIFT TRUST, dated October 19, 2020."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Dave Girouard report for Upstart (UPST)?
Dave Girouard reported open-market purchases totaling 170,240 Upstart shares on May 7, 2026. The filing lists two trades, both in common stock, increasing his indirect holdings through trusts and related entities.
Are Dave Girouard’s Upstart (UPST) holdings direct or through trusts?
The filing shows 52,614 Upstart shares held directly, plus substantial indirect holdings through several trusts and related entities. Footnotes identify a revocable trust, a GRAT LLC, and multiple 2020 gift trusts as the record holders for those indirect positions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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