Krishnamurthy Nikki 4

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.