Mahendra-Rajah Prashanth 4

What Happened

• Prashanth Mahendra‑Rajah, Chief Financial Officer of Uber Technologies (UBER), had RSUs convert to common stock on February 16, 2026. A total of 3,697 RSUs vested (859 + 2,838). To cover tax withholding, 2,046 shares were withheld (476 + 1,570) at $69.99 per share, totaling $33,315 and $109,884 respectively (combined ~$143,199). That leaves 1,651 net shares issued to the reporting person after withholding.
• These entries are RSU conversions/tax-withholding events (routine compensation/vesting activity), not open‑market sales or purchases.

Key Details

• Transaction date: February 16, 2026; Form filed February 18, 2026 (two days after vesting).
• Vesting/conversion: 859 shares and 2,838 shares converted (total 3,697). Withheld for taxes: 476 shares ($33,315) and 1,570 shares ($109,884), total withheld 2,046 shares (~$143,199).
• Reported prices: tax-withheld shares reported at $69.99 per share; RSUs converted at $0.00 exercise price (typical for RSU settlement).
• Shares owned after transaction: not specified in the provided filing.
• Footnotes of note:
  • F1: RSUs convert 1-for-1 into common stock.
  • F2: Shares were withheld to satisfy tax liability upon vesting.
  • F3: Reporting person disclaims beneficial ownership of these securities.
  • F4 / F5: Provide grant sizes and vesting schedules for RSU awards from Mar 3, 2025 (41,205 RSUs) and Nov 1, 2023 (136,239 RSUs).
• Filing timeliness: filed Feb 18, 2026 (appears timely relative to the Feb 16 transaction, consistent with Section 16 reporting deadlines).

Context

• This was a routine RSU vesting with internal tax withholding (not an open‑market sale). The withheld shares are a common mechanism to satisfy tax obligations at vesting rather than indicating a discretionary sale by the insider.
• The Form includes a disclaimer (F3) about beneficial ownership; treat the filing as disclosure of compensation vesting rather than a deliberate buy/sell signal.