Upstart Holdings (UPST) Stock Jumps After CEO’s $1.38 Million Buy — Why It Matters Now
Upstart Holdings got a jolt Thursday after a fresh regulatory filing revealed CEO Paul Gu scooped up 50,000 shares, spending $1.375 million on the buy. Gu made the May 13 purchase at $27.50 per share via The Gu Qiao Family Trust, where he serves as managing member, according to a Form 4. That’s the SEC's standard insider trading disclosure.