Welcome to our dedicated page for Upstart Holdings SEC filings (Ticker: UPST), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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.
A trust associated with Upstart Holdings director Kerry Whorton Cooper received 1,459 fully vested restricted stock units (RSUs) on January 12, 2026. Each RSU converts into one share of Upstart common stock and was granted at $0 per share in lieu of an annual cash retainer for board service under the company’s Outside Director Compensation Policy.
After this grant, the Edward and Kerry Cooper Living Trust held 25,393 shares indirectly for her benefit, while she also held 4,314 RSUs directly, which represent contingent rights to receive common stock subject to vesting conditions.
Upstart Holdings, Inc. Chief Legal Officer Scott Darling reported several equity transactions dated January 5, 2026. He exercised 1,000 employee stock options at an exercise price of $13.22 per share, receiving the same number of Upstart common shares. After this, he held 93,598 common shares directly and 194,527 stock options beneficially.
The filing also shows internal transfers of 1,000 common shares with no consideration as a change in form of ownership, including shares held by the Darling Family Trust, and a sale of 1,000 common shares at $50.00 per share by the trust. The option exercise and related sale were carried out under a Rule 10b5-1 trading plan adopted on May 30, 2025.
Upstart Holdings, Inc. reported an insider stock sale by a director. On 12/12/2025, the director sold 1,500 shares of common stock at $50 per share in an open-market transaction coded as a sale.
The filing states this sale was made under a prearranged Rule 10b5-1 trading plan adopted on September 4, 2025. After the sale, the director beneficially owned 23,934 shares indirectly through the Edward and Kerry Cooper Living Trust and held 4,314 restricted stock units (RSUs), each representing a contingent right to one share of common stock subject to vesting conditions.
Upstart Holdings' Chief Legal Officer reported several equity transactions on 12/12/2025 involving company common stock and stock options. The filing shows the exercise of an employee stock option for 2,000 shares at an exercise price of $13.22 per share, followed by transfers of those shares between direct ownership and the Darling Family Trust.
The Darling Family Trust then sold 7,392 shares of common stock at a price of $50 per share under a Rule 10b5-1 trading plan adopted on May 30, 2025. After these transactions, the reporting person beneficially owned 92,598 shares directly and 17,435 shares indirectly through the Darling Family Trust, along with 195,527 employee stock options that remain outstanding. Some of the reported holdings include restricted stock units that each represent a contingent right to receive one share of common stock, subject to vesting conditions.
Upstart Holdings, Inc. reported an insider stock sale by an officer. On 11/25/2025, the company’s Chief Accounting Officer and Controller sold 762 shares of Upstart common stock at a price of $38.91 per share in an open-market transaction.
After this sale, the reporting person beneficially owned 26,398 shares of Upstart common stock, some of which are in the form of restricted stock units. Each RSU represents the right to receive one share of common stock if its vesting conditions are met. The transaction was carried out under a pre-arranged Rule 10b5-1 trading plan adopted on May 30, 2025, which is designed to allow insiders to sell shares according to a preset schedule.
Upstart Holdings, Inc. (UPST) reported insider activity by an officer on a Form 4 dated 11/20/2025. The reporting person exercised an employee stock option to acquire 6,900 shares of common stock at an exercise price of $1.35 per share. On the same date, they sold 741 shares at a weighted average price of $36.582 and separately sold 80 shares at $36.95.
The filing explains that the sales were made to cover tax withholding obligations related to vesting restricted stock units, and that certain holdings are RSUs, each representing one share of common stock upon vesting. After these transactions, the reporting person directly beneficially owned 27,160 shares of Upstart common stock. All shares subject to the reported option are fully vested and exercisable.
Upstart Holdings, Inc. (UPST) reported insider activity by its Chief Legal Officer on 11/20/2025. The officer sold 7,323 shares of common stock at a weighted average price of $36.552 and 400 shares at a weighted average price of $37.025 to cover tax withholding obligations related to vesting restricted stock units (RSUs).
The filing also shows a change in ownership form involving 5,392 shares moved out of direct ownership and 5,392 shares moved into a trust, with no consideration exchanged. After these transactions, the officer beneficially owned 98,390 shares before the sales, then 92,598 shares directly and 22,827 shares indirectly through the Darling Family Trust. The filing clarifies that certain unvested RSUs are directly held, correcting prior reports that showed them as indirectly held.
Upstart Holdings, Inc. (UPST) reported a Form 4 filing for its Chief Financial Officer, who is an officer and not a 10% owner. On 11/20/2025, the CFO reported two sales of common stock. One sale covered 12,624 shares at a weighted average price of $36.544, and another sale covered 1,000 shares at a weighted average price of $36.992. The explanation states these shares were sold to cover tax withholding obligations related to vesting restricted stock units. After these transactions, the reporting person beneficially owned 284,280 shares of common stock, some of which are restricted stock units where each unit represents a contingent right to receive one share, subject to vesting conditions.
Upstart Holdings (UPST) insider activity: A director and Chief Technology Officer reported buying 100,000 shares of common stock on 11/11/2025. The purchases were made indirectly—20,000 shares at a weighted average price of $39.22 through THE GU QIAO FAMILY TRUST and 80,000 shares at a weighted average price of $39.23 through JECCO, LLC. Following these transactions, the reporting person beneficially owned 1,102,226 shares directly and 44,930 shares indirectly by trust. The filing notes short-swing profits of $148,255.06 were remitted to the Company under Section 16(b) in connection with a prior sale of 5,000 shares on September 2, 2025.
Upstart Holdings, Inc. filed its Q3 2025 report, showing a sharp rebound in results. Total revenue reached $277.105 million, up from $162.140 million a year ago, driven by platform and referral fees of $216.882 million and servicing and other fees of $41.657 million. Interest income/expense and fair value adjustments contributed $18.566 million net.
Operating income was $23.666 million versus a prior-year loss, and net income was $31.805 million with diluted EPS of $0.23 (basic $0.33). Operating expenses totaled $253.439 million.
As of September 30, 2025, total assets were $2.904,848 million, liabilities $2.161,130 million, and stockholders’ equity $743.718 million. Cash and cash equivalents were $489.784 million and restricted cash $347.121 million. Loans at fair value stood at $1,229.976 million. For the nine months, operating cash flow used $256.277 million, investing used $308.909 million, and financing provided $425.828 million. Shares outstanding were 97,286,484 as of October 28, 2025.