Arora Nikesh 4

What Happened

• Nikesh Arora, a director of Uber Technologies, was granted 305 restricted stock units (RSUs) on April 10, 2026 (transaction coded as an award/grant, "A"). The Form 4 lists an acquisition price of $0.00 and classifies the award as a derivative instrument.
• Per the filing footnote, the 305 RSUs were 100% vested on the grant date and will be payable one-for-one in either cash or common stock at the issuer’s election when Arora’s service terminates. This was a grant (compensation), not an open-market buy or sale.

Key Details

• Transaction date: April 10, 2026; Form 4 filed April 14, 2026.
• Award: 305 RSUs; reported price $0.00; transaction type = A (award/grant).
• Shares owned after transaction: not specified in the filing.
• Footnote: RSUs granted under Uber’s RSU Conversion and Deferral Program for Directors; fully vested at grant and payable in cash or common stock one-for-one on termination.
• Filing timeliness: Form 4 lists the transaction date and was filed on April 14; the filing does not indicate a delinquent report.

Context

• RSUs are a derivative compensation award that does not transfer tradable shares immediately. Payout (in cash or stock) occurs later under the terms noted above, so this does not reflect an immediate buying or selling decision by the director.
• Director RSU grants are common as routine compensation and should be interpreted as such rather than a direct market signal.