Upstart Holdings, Inc. filings document the operating results, governance and capital structure of an AI lending marketplace listed on the Nasdaq Global Select Market under UPST. Its 8-K reports include quarterly and annual financial results, non-GAAP reconciliations, share repurchase activity, executive appointments and compensation arrangements, and material definitive agreements.
Proxy materials describe annual meeting matters such as director elections, stockholder voting procedures, board governance and executive compensation. Capital-structure filings include common stock disclosures and convertible senior notes issued under an indenture, including conversion, maturity, reporting-compliance and other note terms.
Upstart Holdings, Inc. director and Chief Executive Officer Paul Gu reported an open-market purchase of 50,000 shares of common stock at $27.50 per share. The transaction was made indirectly through The Paul Xinquan Gu 2021 Gifting Trust, where he serves as trustee, and increased that trust’s holdings to 70,000 shares.
Separate holding entries show indirect ownership of 80,000 shares through JECCO, LLC and 44,930 shares through The Gu Qiao Family Trust, as well as 1,102,616 shares held directly. Footnotes note that these totals include 390 shares acquired under Upstart’s 2020 Employee Stock Purchase Plan and that certain shares are in the form of restricted stock units.
Upstart Holdings director and 10% owner Dave Girouard exercised employee stock options to acquire 835,075 shares of Common Stock at $0.83 per share. The options were fully vested and exercisable as of the transaction date, and the option position reported in this filing is now zero. Following the exercise, Form 4 entries show 9,348,016 shares of Common Stock held indirectly through entities such as the 2008 D&T Girouard Revocable Trust and several 2020 gift trusts, and 52,614 shares held directly. The filing primarily updates how Girouard’s sizeable existing stake is structured across direct holdings and multiple trusts.
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.
Upstart Holdings, Inc. reported first‑quarter 2026 results, showing strong top-line growth but a wider loss. Total revenue rose to $308,214 (thousands) from $213,371 (thousands) a year earlier, driven mainly by higher platform, referral, and servicing fees.
Revenue from fees, net increased to $277,063 (thousands), while interest income, interest expense, and fair value adjustments, net contributed $31,151 (thousands). Operating expenses grew to $315,732 (thousands), outpacing revenue and leading to a net loss of $6,646 (thousands), compared with a $2,447 (thousands) loss in the prior-year quarter. Basic and diluted net loss per share were $0.07, versus $0.03.
On the balance sheet as of March 31, 2026, Upstart reported total assets of $2,961,681 (thousands), borrowings of $1,921,665 (thousands), and stockholders’ equity of $733,166 (thousands). Cash, cash equivalents and restricted cash were $931,334 (thousands), and loans at fair value totaled $1,014,089 (thousands). The company had 95,708,872 common shares outstanding as of March 31, 2026 and 95,711,569 shares outstanding as of April 28, 2026.
Upstart Holdings reported strong growth but continued losses for the quarter ended March 31, 2026. Total revenue reached $308 million, up 44% year-over-year, driven by fee revenue of $277 million and loan originations of roughly $3.4 billion, up 61%.
The company originated 425,356 loans, a 77% increase, while maintaining an 18.5% conversion rate and 91% of loans fully automated. Despite scale gains, loss from operations widened to ($7.5) million and net loss to ($6.6) million, with diluted loss per share of ($0.07).
Contribution profit rose to $137 million, though contribution margin fell to 50%. Adjusted EBITDA slipped to $40.5 million with margin down to 13%. Upstart reaffirmed full-year 2026 guidance for about $1.4 billion in revenue and $294 million of Adjusted EBITDA, and reiterated 2025–2028 targets including ~35% total revenue CAGR.
Upstart Holdings, Inc. is asking stockholders to vote at its virtual 2026 annual meeting on May 28, 2026 on three items: electing three Class III directors, ratifying Deloitte & Touche LLP as auditor for 2026, and approving an advisory “Say‑on‑Pay” vote on executive compensation.
The record date is March 31, 2026, when 95,707,260 common shares were outstanding, with one vote per share. The proxy describes board structure, committee responsibilities, director pay, ownership and governance policies, and details on how to vote or attend online. It also highlights that Upstart returned to full‑year GAAP profitability in 2025 and reported its strongest Adjusted EBITDA margin since early 2022. The filing notes that effective May 1, 2026, co‑founder Dave Girouard will move from CEO to Executive Chairman and co‑founder Paul Gu will become CEO.
Blankmeyer Andrea reported acquisition or exercise transactions in this Form 4 filing.
Upstart Holdings, Inc. Chief Financial Officer Andrea Blankmeyer received equity awards consisting of restricted stock units and performance-based units. She was granted 148,006 performance-based restricted stock units (PRSUs), each representing a contingent right to one share of common stock, with the actual payout ranging from 0% to 300% of this target based on TSR CAGR targets measured as of February 15, 2030 and vesting on February 20, 2030, subject to continued service. She was also granted 169,427 time-based RSUs, which vest quarterly as follows: 40% in equal installments over the 12 months beginning May 15, 2026, then 30%, 20%, and 10% in sequential 12‑month quarterly vesting periods, all conditioned on continued service.
Upstart Holdings Inc: The Vanguard Group filed Amendment No. 3 to its Schedule 13G/A, reporting beneficial ownership of 0 shares (0%) of Upstart common stock. The filing notes an internal realignment on January 12, 2026 under SEC Release No. 34-39538 that led certain Vanguard subsidiaries to report holdings separately.
Upstart Holdings, Inc. filed an initial insider ownership report identifying Andrea Blankmeyer, its Chief Financial Officer, as a reporting person. The Form 3 data in this excerpt lists no purchases, sales, option exercises, gifts, or other insider transactions, only the officer’s role and status.