Mahendra-Rajah Prashanth 4

What Happened

• Mahendra-Rajah Prashanth, Chief Financial Officer of Uber Technologies (UBER), had RSUs convert into 3,696 shares of common stock on January 16, 2026. To satisfy tax withholding, 2,138 shares were withheld (treated as disposition) at $84.85 per share, totaling $181,410. The net shares issued to him were 1,558.
• These transactions were RSU vesting/conversions (derivative code M) with tax withholding (code F). This is a routine tax-withholding event tied to vesting, not an open-market sale or a purchase.

Key Details

• Transaction date: January 16, 2026; Form 4 filed January 21, 2026 (filed after the typical 2-business-day deadline).
• Vested/converted shares: 3,696 (858 + 2,838). Shares withheld for taxes: 2,138 (475 + 1,663) at $84.85/share; total tax withholding value: $181,410.
• Net shares issued to the reporting person: 1,558 (3,696 − 2,138). The filing does not state total shares beneficially owned after the transaction.
• Footnotes: RSUs convert one-for-one into common stock (F1). Shares were withheld to satisfy tax liability upon RSU vesting on Jan 16, 2026 (F2). The filer disclaims beneficial ownership for certain securities (F3). The RSUs came from prior grants with monthly vesting schedules (grants on Nov 1, 2023 and Mar 3, 2025; see F4–F5).

Context

• This was a vesting/settlement of restricted stock units (RSUs), not a market sale. Withholding of shares to cover taxes is a common, administrative result of vesting (a form of cashless withholding).
• Codes: M = exercise/conversion of derivative (here, RSU conversion); F = shares withheld/pay tax liability. The late filing may be noted by investors but does not change the nature of the transaction.