Director Eckert receives 4,045 RSUs from Uber (NYSE: UBER)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Uber Technologies, Inc. director Robert Eckert received a grant of 4,045 restricted stock units (RSUs) under Uber's 2019 Equity Incentive Plan. The RSUs are scheduled to vest on the date immediately before the 2027 annual stockholders meeting, with potential earlier vesting in certain circumstances.
Once vested, each RSU will be settled on a one-for-one basis in either cash or common stock, at Uber’s election, on the date of Eckert’s termination of service, under the company’s RSU Conversion and Deferral Program for Directors.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ECKERT ROBERT
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 4,045 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 4,045 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 4,045 RSUs
Shares underlying RSUs: 4,045 shares
Exercise/Conversion price: $0.00 per unit
+1 more
4 metrics
RSUs granted
4,045 RSUs
Grant to director Robert Eckert on May 5, 2026
Shares underlying RSUs
4,045 shares
Underlying Uber common stock on a one-for-one basis
Exercise/Conversion price
$0.00 per unit
RSU grant price; compensation award, not market purchase
Holdings after transaction
4,045 RSUs
Total RSUs reported following this grant
Key Terms
Restricted Stock Units, 2019 Equity Incentive Plan, RSU Conversion and Deferral Program for Directors
3 terms
Restricted Stock Units financial
"The reporting person was granted 4,045 restricted stock units (RSUs) on May 5, 2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2019 Equity Incentive Plan financial
"on May 5, 2026 pursuant to Uber's 2019 Equity Incentive Plan"
RSU Conversion and Deferral Program for Directors financial
"pursuant to the Uber Technologies, Inc. RSU Conversion and Deferral Program for Directors"
FAQ
What did Uber (UBER) report about Robert Eckert in this Form 4?
Uber reported that director Robert Eckert received a grant of 4,045 restricted stock units (RSUs). These units were awarded under Uber’s 2019 Equity Incentive Plan as part of his director compensation, not as an open-market stock purchase or sale.
How many RSUs did Uber (UBER) grant to director Robert Eckert?
Uber granted 4,045 restricted stock units (RSUs) to director Robert Eckert. Each RSU represents a right to receive cash or one share of Uber common stock in the future, subject to vesting and settlement conditions described in the company’s director RSU program.
When do Robert Eckert’s Uber (UBER) RSUs vest?
The 4,045 RSUs granted to Robert Eckert are scheduled to vest on the date immediately preceding Uber’s 2027 annual meeting of stockholders. The footnote also notes that vesting may occur earlier in certain circumstances outlined in the company’s equity and director programs.
How will Robert Eckert’s Uber (UBER) RSUs be settled after vesting?
Upon vesting, Robert Eckert’s RSUs become payable in cash or common stock on a one-for-one basis. Uber, not the director, chooses whether to settle each vested RSU in cash or shares, and payment occurs on the date of his termination of service as a director.
Is this Uber (UBER) Form 4 a stock purchase or sale by Robert Eckert?
No, this Form 4 reflects a grant of 4,045 RSUs to Robert Eckert, classified as a grant or award acquisition. It is part of director compensation and does not involve Eckert buying or selling Uber shares on the open market at a specific share price.