Krishnamurthy Nikki 4
4 · Uber Technologies, Inc · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
Uber (UBER) SVP Nikki Krishnamurthy Sells Shares from Vesting RSUs
What Happened
- Nikki Krishnamurthy, SVP & Chief People Officer at Uber, had 76,007 restricted stock units (RSUs) convert to common stock on March 16, 2026. Of the vested shares, 30,352 were withheld to satisfy tax liabilities and 30,000 were sold in the open market. The tax-withheld shares were reported at a weighted average price of $74.66 (total ~$2.266M) and the open-market sale was at a weighted average price of $74.45 (range $74.40–$74.50) for proceeds of ~$2.234M. Combined proceeds from the withheld shares and open-market sale are roughly $4.50M.
- Transaction codes: M = conversion/exercise of derivative (RSU vesting); F = shares withheld to pay taxes; S = open-market sale.
Key Details
- Transaction date: March 16, 2026; Form 4 filed March 18, 2026 (filed promptly after the transactions).
- Shares converted (acquired): 76,007 RSUs (1,190 + 1,120 + 2,001 + 2,113 + 69,583).
- Shares disposed: 30,352 withheld for taxes (paid at $74.66 weighted avg, ~$2,266,080) and 30,000 sold open market (weighted avg $74.45, ~$2,233,605).
- Total proceeds reported from sales/withholding: ~ $4.50 million.
- Notable footnotes: RSUs convert one-for-one to common stock (F1); withheld shares paid taxes on vesting (F2); open-market sale prices ranged $74.40–$74.50 (F3); the 69,583-item block relates to performance RSUs whose time-based vesting was satisfied on 3/16/2026 (F8).
- Shares owned after transaction: not specified in the Form 4 filing.
Context
- These transactions reflect RSU vesting and routine tax-related withholding plus a partial open-market sale—common actions when equity-based awards vest. This is not an option "purchase"—it’s conversion of RSUs into shares (M) with immediate withholding (F) and sale (S).
- There is no indication in the filing of a 10b5-1 plan or of a late filing; the Form 4 was filed two days after the vesting/sales, which is within the typical reporting window.
Insider Transaction Report
Form 4
Krishnamurthy Nikki
SVP and Chief People Officer
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-03-16+1,190→ 446,291 total - Exercise/Conversion
Common Stock
[F1]2026-03-16+1,120→ 447,411 total - Exercise/Conversion
Common Stock
[F1]2026-03-16+2,001→ 449,412 total - Exercise/Conversion
Common Stock
[F1]2026-03-16+2,113→ 451,525 total - Exercise/Conversion
Common Stock
[F1]2026-03-16+69,583→ 521,108 total - Tax Payment
Common Stock
[F2]2026-03-16$74.66/sh−476$35,538→ 520,632 total - Tax Payment
Common Stock
[F2]2026-03-16$74.66/sh−448$33,448→ 520,184 total - Tax Payment
Common Stock
[F2]2026-03-16$74.66/sh−799$59,653→ 519,385 total - Tax Payment
Common Stock
[F2]2026-03-16$74.66/sh−844$63,013→ 518,541 total - Tax Payment
Common Stock
[F2]2026-03-16$74.66/sh−27,785$2,074,428→ 490,756 total - Sale
Common Stock
[F3]2026-03-16$74.45/sh−30,000$2,233,605→ 460,756 total - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-03-16−1,190→ 42,853 total→ Common Stock (1,190 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F5]2026-03-16−1,120→ 26,878 total→ Common Stock (1,120 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F6]2026-03-16−2,001→ 24,010 total→ Common Stock (2,001 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F7]2026-03-16−2,113→ 0 total→ Common Stock (2,113 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F8]2026-03-16−69,583→ 0 total→ Common Stock (69,583 underlying)
Footnotes (8)
- [F1]Restricted stock units (RSUs) convert into common stock on a one-for-one basis.
- [F2]Shares withheld to satisfy tax liability upon vesting of RSUs on March 16, 2026.
- [F3]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.40 to $74.50, inclusive. The reporting person undertakes to provide to Uber Technologies, Inc., any security holder of Uber Technologies, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
- [F4]The reporting person was granted 57,137 RSUs on March 3, 2025. The vesting schedule is as follows: 1/48 of the total RSUs vested on April 16, 2025 and 1/48 of the total RSUs vest each month thereafter. Upon vesting, the RSUs become payable in cash or common stock on a one-for-one basis at the election of the Issuer.
- [F5]The reporting person was granted 53,756 RSUs on March 1, 2024. The vesting schedule is as follows: 1/48 of the total RSUs vested on April 16, 2024 and 1/48 of the total RSUs vest each month thereafter. Upon vesting, the RSUs become payable in cash or common stock on a one-for-one basis at the election of the Issuer.
- [F6]The reporting person was granted 96,041 RSUs on March 1, 2023. The vesting schedule is as follows: 1/48 of the total RSUs vested on April 16, 2023 and 1/48 of the total RSUs vest each month thereafter. Upon vesting, the RSUs become payable in cash or common stock on a one-for-one basis at the election of the Issuer.
- [F7]The reporting person was granted 101,401 RSUs on March 1, 2022. The vesting schedule is as follows: 1/48 of the total RSUs vested on April 16, 2022 and 1/48 of the total RSUs vest each month thereafter. Upon vesting, the RSUs become payable in cash or common stock on a one-for-one basis at the election of the Issuer.
- [F8]Consists of 69,583 RSUs granted to the reporting person on March 1, 2023, pursuant to Uber's 2019 Equity Incentive Plan, for which certain performance conditions have been satisfied and for which the time-based condition was satisfied on March 16, 2026. Upon vesting, the RSUs become payable in cash or common stock on a one-for-one basis at the election of the issuer.
Signature
/s/ Carolyn Mo by Power of Attorney for Nikki Krishnamurthy|2026-03-18