BURNS URSULA M 4

What Happened
Ursula M. Burns, a director of Uber Technologies, was granted 322 restricted stock units (RSUs) on April 10, 2026. The Form 4 reports the award as an acquisition (code A) of a derivative security at $0.00. The filing notes the RSUs were 100% vested on the grant date and will be settled one-for-one in cash or common stock at the issuer’s election upon the reporting person’s termination of service.

Key Details

• Transaction date: April 10, 2026 (reported on Form 4 filed April 14, 2026). Filing appears timely under the two-business-day rule.
• Award: 322 RSUs; reported acquisition price: $0.00 (typical for grants).
• Shares owned after transaction: not specified in this filing.
• Footnote: RSUs were 100% vested at grant and become payable in cash or common stock on a one-for-one basis at the issuer’s election upon termination of service.
• Transaction type: Derivative award (Form 4 code A).

Context
This was an award/grant to a director, not a market purchase or sale, so it does not directly signal buying or selling activity. Because the RSUs are payable at termination (cash or stock at Uber’s election) and were fully vested at grant, they function as a form of compensation/retention rather than an immediate equity purchase.