THAIN JOHN A 4

What Happened

• John A. Thain, a director of Uber Technologies, had 338 restricted stock units (RSUs) that vested and converted on April 16, 2026. The Form 4 shows an exercise/conversion (derivative code M) of 338 RSUs and a corresponding disposition of 338 shares at $0.00, indicating the award was settled rather than resulting in net new share ownership or reportable sale proceeds.
• The RSUs were granted on April 10, 2026 under Uber’s RSU Conversion and Deferral Program for Directors, were 100% vested as of grant, and became payable on April 16, 2026 at the issuer’s election (cash or common stock). This filing reports a cash settlement outcome, so there is no purchase or sale of stock that would signal insider buying or meaningful proceeds.

Key Details

• Transaction date: April 16, 2026; Form 4 filed April 20, 2026 (timely filing).
• Reported amounts: 338 RSUs converted; 338 shares disposed at $0.00 (no share proceeds shown).
• Shares owned after transaction: not disclosed on this filing.
• Footnotes: F1 — RSUs convert one-for-one into common stock. F2 — 338 RSUs granted April 10, 2026, vested and payable April 16; issuer elected settlement method.
• Transaction type: derivative conversion/settlement (code M); settlement appears cash-based (no new shares retained).

Context

• This was an award settlement of vested RSUs, not an open-market purchase or a sale for proceeds. Cash settlement of RSUs is a routine compensation event for directors and does not necessarily indicate any change in insider sentiment about the stock.
• For retail investors: purchases by insiders can be more informative than routine settlements; this filing reflects compensation settlement rather than a trade for investment reasons.