secwatch.observer — SEC 8-K summary
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Issuer:     Upstart Holdings, Inc. (UPST)
CIK:        0001647639
Form:       8-K
Filed at:   2026-02-10T23:59:59+00:00
Accession:  0001647639-26-000026
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Upstart names co-founder Paul Gu CEO effective May 1; Girouard becomes Executive Chairman
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- Paul Gu (CTO, co-founder) becomes CEO May 1, 2026; Dave Girouard becomes Executive Chairman.
- Sanjay Datta appointed President and Chief Capital Officer effective immediately; steps down as CFO on March 16, 2026.
- Andrea Blankmeyer (ex-Cityblock Health CFO) named CFO effective March 16, 2026; $450K salary, $5M RSUs, $6M PRSUs.
- Gu receives $540K salary, 100% target bonus, $37M PRSUs tied to 4-year TSR vs F-Prime Fintech Index.
- Girouard's base salary reduced to $15,000 as Executive Chairman.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1647639/000164763926000026/0001647639-26-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1647639/000164763926000026/upst-20260210.htm
  HTML page:      https://secwatch.observer/filing/0001647639-26-000026

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer