4Filed Apr 13, 8:00 PM ET
Uber Director David Trujillo Receives RSU Award
$UBER · Uber Technologies, IncResearch Summary
AI-generated summary of this SEC filing
Uber Director David Trujillo Receives RSU Award
What Happened
- David Trujillo, a director of Uber Technologies, was granted 305 restricted stock units (RSUs) on April 10, 2026. The Form 4 reports the grant as 305 derivative shares at $0.00 (no immediate cash proceeds).
- The RSUs were 100% vested at grant but are not payable immediately; they will be settled one-for-one in cash or common stock at the issuer’s election on the date of Trujillo’s termination of service. This is an award (compensation) rather than a purchase or sale.
Key Details
- Transaction date: 2026-04-10; Filing date: 2026-04-14 (appears timely—filed within the usual 2 business days window).
- Reported terms: 305 RSUs granted, reported price $0.00; total immediate value not reported/realizable.
- Shares owned after transaction: not specified in this filing.
- Footnote: RSUs were 100% vested at grant and become payable in cash or common stock one-for-one at issuer’s election upon termination of service.
- Transaction type: A (Award/Grant); derivative instrument (RSUs), not an open-market trade.
Context
- RSU grants to directors are often routine compensation; because these RSUs are payable only upon termination (and at the company’s election of cash or stock), they do not represent immediately tradable shares and thus are not a direct buy/sell signal.