Summary by Futu AI
On May 15, 2024, Paul Gu, Chief Technology Officer of Upstart Holdings, Inc. (UPST), completed a series of transactions involving the company's common stock. Gu acquired a total of 80,000 shares through the exercise of derivative securities at prices ranging from $0.60 to $1.17 per share. On the same day, he sold an equal number of shares in the open market at prices between $29.00 and $30.04 per share, resulting in a total market value of $2,361,281.76 for the disposed shares. Following these transactions, Gu's direct holdings in Upstart common stock amounted to 893,596 shares.