Krishnamurthy Balaji (A) 4
4 · Uber Technologies, Inc · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
Uber (UBER) CFO Krishnamurthy Balaji Receives RSU Vesting; Tax Withholding
What Happened
Krishnamurthy Balaji, Chief Financial Officer of Uber Technologies, had a total of 3,286 restricted stock units (RSUs) convert to common stock on February 16, 2026. To cover tax liabilities, 1,347 of those shares were withheld at $69.99 per share (total value withheld ≈ $94,276), leaving a net delivery of 1,939 shares to Balaji. The filing shows conversion entries (transaction code M) and tax-withholding disposals (code F).
Key Details
- Transaction date: February 16, 2026; Form 4 filed February 18, 2026 (two days after the vesting date).
- Conversion: 3,286 RSUs converted to 3,286 shares (codes shown as M).
- Tax withholding: 1,347 shares withheld at $69.99/share to satisfy tax liability, total ≈ $94,276 (code F).
- Net shares delivered to insider: 1,939 shares.
- Shares owned after the transaction: not specified in the provided filing details.
- Footnotes: RSUs convert one-for-one to common stock (F1). Withholding was done to satisfy tax liability upon vesting (F2). The vested RSUs come from multiple prior grants (F3–F7) with monthly vesting schedules (grants dated 2022–2025).
- Transaction codes explained: M = exercise/conversion of derivative (here, RSU conversion); F = payment of exercise price or tax liability (shares withheld).
Context
This was not an open‑market buy or sale signaling new bullish or bearish trading—it's routine RSU vesting with net settlement after tax withholding (a common practice). The underlying RSU grants referenced (2022–2025) vest monthly under their original schedules; the filing indicates Balaji elected or the company applied net share settlement to satisfy withholding. The filing appears timely (filed two days after the vesting date).
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-02-16+686→ 5,036 total - Exercise/Conversion
Common Stock
[F1]2026-02-16+490→ 5,526 total - Exercise/Conversion
Common Stock
[F1]2026-02-16+1,158→ 6,684 total - Exercise/Conversion
Common Stock
[F1]2026-02-16+607→ 7,291 total - Exercise/Conversion
Common Stock
[F1]2026-02-16+345→ 7,636 total - Tax Payment
Common Stock
[F2]2026-02-16$69.99/sh−238$16,658→ 7,398 total - Tax Payment
Common Stock
[F2]2026-02-16$69.99/sh−173$12,108→ 7,225 total - Tax Payment
Common Stock
[F2]2026-02-16$69.99/sh−481$33,665→ 6,744 total - Tax Payment
Common Stock
[F2]2026-02-16$69.99/sh−279$19,527→ 6,465 total - Tax Payment
Common Stock
[F2]2026-02-16$69.99/sh−176$12,318→ 6,289 total - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-02-16−686→ 25,411 total→ Common Stock (686 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-02-16−490→ 12,249 total→ Common Stock (490 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F5]2026-02-16−1,158→ 22,001 total→ Common Stock (1,158 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F6]2026-02-16−607→ 7,882 total→ Common Stock (607 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F7]2026-02-16−345→ 346 total→ Common Stock (345 underlying)
Footnotes (7)
- [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 February 16, 2026.
- [F3]The reporting person was granted 32,965 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.
- [F4]The reporting person was granted 23,519 RSUs on March 18, 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.
- [F5]The reporting person was granted 55,581 RSUs on September 22, 2023. The vesting schedule is as follows: 1/48 of the total RSUs vested on October 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.
- [F6]The reporting person was granted 29,104 RSUs on March 16, 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 16,593 RSUs on March 19, 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.