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[BUSINESS] · 2 sources

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Upstart CEO Paul Gu purchases 50,000 shares for $1.3 million

Paul Gu, the CEO of Upstart Holdings, Inc., purchased 50,000 shares of the company's common stock on September 10, 2026. The transaction, valued at approximately $1.3 million, was conducted through JECCO, LLC, as well as the Paul Xinquan Gu 2021 Gifting Trust and the Gu Qiao Family Trust.

Following this acquisition, Gu maintains a total beneficial interest of approximately 1.3 million shares, with a combined market value of roughly $33.82 million. The purchase increased his indirect holdings by 26% compared to his previous indirect stake.

Entities

Lumentum Holdings Inc. · Paul Gu · Upstart Holdings, Inc. · Yuen Wupen