Alnowaiser Turqi A. 4
4 · Uber Technologies, Inc · Filed May 5, 2026
Research Summary
AI-generated summary of this filing
Uber Director Turqi Alnowaiser RSUs Vest; Shares Withheld
What Happened
Turqi Alnowaiser, an Uber director and Deputy Governor & Head of International Investments for the Public Investment Fund (PIF), had 4,091 restricted stock units (RSUs vest) on May 3, 2026. Upon vesting the RSUs converted one-for-one into common stock; 558 shares were withheld to cover taxes at $75.12 per share (total tax withholding $41,917). Separately, Alnowaiser was granted 4,045 new RSUs on May 5, 2026 that vest prior to the 2027 annual meeting.
Key Details
- Transaction dates: Vesting/conversion and tax withholding on May 3, 2026; new RSU grant on May 5, 2026. Filing date: May 5, 2026 (filed timely).
- Vesting: 4,091 RSUs converted to common stock (one-for-one).
- Tax withholding: 558 shares withheld at $75.12/share, totaling $41,917 (code F).
- New grant: 4,045 RSUs granted (no cash paid), scheduled to vest before the 2027 annual meeting.
- Shares owned after the transactions: Not specified in the filing.
- Footnotes: RSUs convert one-for-one and were payable in cash or stock at the issuer’s election; the reporting person is a PIF official and PIF’s board controls PIF’s investment decisions.
Context
This was primarily a vesting event (not an open-market buy or sell). The withholding of 558 shares to cover taxes is a routine cashless tax withholding arrangement, not an active sale by the insider. Note this filing reports actions by a representative of PIF, a sovereign wealth fund (institutional holder), rather than a purely personal trade.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-05-03+4,091→ 9,622 total - Tax Payment
Common Stock
[F2]2026-05-03$75.12/sh−558$41,917→ 9,064 total - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-05-03−4,091→ 0 total→ Common Stock (4,091 underlying) - Award
Restricted Stock Units
[F4]2026-05-05+4,045→ 4,045 totalExercise: $0.00→ Common Stock (4,045 underlying)
Footnotes (4)
- [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 restricted stock units on May 3, 2026.
- [F3]The reporting person was granted 4,091 RSUs on May 6, 2025. The RSUs vested on the date immediately preceding the date of the 2026 annual meeting of the stockholders of the Issuer. Upon vesting, the RSUs became payable in cash or common stock on a one-for-one basis at the election of the Issuer.
- [F4]The reporting person was granted 4,045 RSUs on May 5, 2026 pursuant to Uber's 2019 Equity Incentive Plan. The RSUs are scheduled to vest on the date immediately preceding the date of the 2027 annual meeting of the stockholders of the Issuer, subject to earlier vesting in certain circumstances. Upon vesting, the RSUs become payable in cash or common stock on a one-for-one basis at the election of the Issuer.