Dave Girouard, Director and 10% Owner of Upstart Holdings, Inc. (UPST), made a significant purchase of company stock on May 7, 2026. Girouard acquired 169,940 shares at an average price of $29.37 per share, representing a total investment of approximately $4.99 million.
This transaction marks a substantial addition to Girouard's holdings and comes on the heels of a smaller, earlier purchase of 300 shares on the same day. Large insider purchases like this are often interpreted as a strong signal of confidence in the company's future performance.
The broader insider trading activity for Upstart in recent months has shown a mix of buying and selling. While Girouard's recent activity is a net buy, other insiders, such as Natalia Mirgorodskaya, have engaged in smaller sell transactions. These sales can be attributed to various personal financial management decisions.