Upstart Holdings, Inc 8-K, filed Jun 28, 2021
Upstart Holdings, Inc. (UPST)
8-K
2021-06-28
For: 2021-06-23
View Original
Added on
April 08, 2026
About this 8-K
Upstart Holdings, Inc filed this 8-K on June 28, 2021, reporting on events of June 23, 2021.
Items reported
- Item 5.02: Director or officer change, or executive pay
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 23, 2021, the Board of Directors (the “Board”) of Upstart Holdings, Inc. (“Upstart”) elected Jeff Huber to serve as a Class I director on Upstart’s Board.
Mr. Huber has served as the Founding Chief Executive Officer and Vice Chairman of GRAIL, Inc., a life sciences company, since 2016. From 2003 to 2016, Mr. Huber served as Senior Vice President of Alphabet Inc. (formerly Google Inc.). From 2001 to 2003, Mr. Huber served as Vice President of Architecture and Systems Development at eBay Inc. Prior to joining eBay, he was Senior Vice President of Engineering at Excite@Home. Mr. Huber is a board member of Electronic Arts (EA). Mr. Huber holds a B.S. in Computer Engineering from the University of Illinois and an M.B.A. from Harvard Business School. Mr. Huber was selected to serve on our Board because of his extensive experience as an executive in online companies that apply rapidly changing technology.
In accordance with Upstart’s Outside Director Compensation Policy (the “Policy”), a copy of which is filed as Exhibit 10.7 to Amendment No. 2 to Upstart’s Registration Statement on Form S-1, Mr. Huber is eligible to receive the standard compensation and equity awards provided to Upstart’s non-employee directors for their services pursuant to the Policy.
Upstart will enter into its standard form of indemnification agreement with Mr. Huber, the form of which is filed as Exhibit 10.1 to Amendment No. 2 to Upstart’s Registration Statement on Form S-1. Mr. Huber has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K promulgated under the Exchange Act. There are no arrangements or understandings between Mr. Huber and any other persons pursuant to which Mr. Huber was appointed a director of Upstart.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| UPSTART HOLDINGS, INC. | ||||||||
| Dated: June 28, 2021 | By: | /s/ Alison Nicoll | ||||||
| Alison Nicoll | ||||||||
| General Counsel | ||||||||