Krishnamurthy Balaji (A) 4

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).