Uber (UBER) CEO Dara Khosrowshahi Receives RSU Shares (Tax Withholding)

What Happened Dara Khosrowshahi, CEO of Uber Technologies (UBER), had 496,958 restricted stock units (RSUs convert one-for-one to common stock) vest on March 16, 2026. To satisfy tax withholding obligations, 253,700 of those shares were withheld/treated as disposed at $74.66 per share, producing proceeds of $18,941,243. The remaining 243,258 shares were issued to him net of tax withholding.

Key Details

• Transaction date: March 16, 2026; Form 4 filed March 18, 2026 (appears timely).
• RSUs converted (acquired): 496,958 shares (breakdown: 20,026; 18,898; 33,560; 35,433; 389,041).
• Shares withheld (disposed) for tax: 253,700 shares at $74.66 = $18,941,243 (five withholding entries totaling listed amounts).
• Net shares delivered to insider: 243,258 shares (496,958 vested minus 253,700 withheld).
• Footnotes: RSUs convert one-for-one to common stock (F1). Withholding was to satisfy tax liability on vesting (F2). Grants and vesting schedules originate from grants in 2022–2025; notably 389,041 RSUs from Mar 1, 2023 had performance/time conditions satisfied and vested Mar 16, 2026 (F3–F7).
• Transaction codes: M = conversion/exercise of derivative (here, RSU vesting); F = payment of tax liability via share withholding.
• Shares owned after the transaction: not disclosed in the provided filing excerpt.

Context This was a routine vesting of previously granted RSUs with share withholding to cover taxes (a common cashless/net-share settlement). The transaction is not the same as an open-market sale for cash; the withheld shares are used only to satisfy tax obligations. Such vesting and withholding events are common for executive compensation and do not by themselves indicate a change in insider sentiment.