Uber Technologies, Inc 8-K

What Happened

• On February 4, 2026 Uber filed an 8-K furnishing a press release with its financial results for the quarter ended December 31, 2025. The press release is attached as Exhibit 99.1.
• The company also announced that CFO Prashanth Mahendra‑Rajah will step down as CFO effective February 16, 2026 and will serve as a Senior Finance Advisor reporting to CEO Dara Khosrowshahi through July 1, 2026. Balaji Krishnamurthy (age 41), currently VP, Strategic Finance, will become Chief Financial Officer on February 16, 2026.

Key Details

• Filing date: February 4, 2026; quarter covered: Q4 ended December 31, 2025 (press release furnished as Exhibit 99.1).
• CFO transition: Prashanth Mahendra‑Rajah’s departure treated as a qualifying termination under the company’s Amended and Restated 2019 Executive Severance Plan; benefits payable upon execution of a release. Company states the departure is not due to disagreements over financial disclosures or accounting.
• New CFO package: Balaji Krishnamurthy’s employment agreement provides a $600,000 annual base salary, participation in the Executive Bonus Plan, (i) RSU awards valued at $9,375,000 (time- and performance‑based vesting), (ii) an option to purchase $3,125,000 of common stock (time‑based vesting), and (iii) a one‑time RSU award of $5,000,000 (time‑based vesting). He’s eligible for the Executive Severance Plan.
• Background: Krishnamurthy joined Uber in 2019; served as Head of Investor Relations (2020–2023) and VP, Strategic Finance since 2023.

Why It Matters

• Executive change: A CFO transition is material for investors because the CFO leads financial reporting, investor communication, and capital allocation decisions. The successor’s background in investor relations and strategic finance suggests continuity in communication and strategy.
• Compensation and incentives: The sizeable equity awards and option align the new CFO’s incentives with shareholder value and signal management’s intent for continuity and performance-based rewards.
• Earnings disclosure: The 8-K furnishes Uber’s Q4 2025 results via press release; investors should review that press release for revenue, earnings, cash flow, and guidance details to assess near-term performance alongside the management change.