Uber (UBER) director Ursula Burns receives 4,045 RSU grant as equity pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Uber Technologies, Inc. director Ursula M. Burns received a grant of 4,045 restricted stock units (RSUs) on May 5, 2026 under Uber's 2019 Equity Incentive Plan. The RSUs are scheduled to vest immediately before the 2027 annual stockholder meeting, with earlier vesting possible in certain circumstances. Upon vesting, they will be settled on a one-for-one basis in either cash or common stock, at Uber's election, on the date of her termination of service under the RSU Conversion and Deferral Program for Directors. Following this grant, she holds 4,045 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BURNS URSULA M
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
Post-transaction RSU holdings: 4,045 RSUs
Vesting timing: Immediately before 2027 annual meeting
+2 more
5 metrics
RSUs granted
4,045 RSUs
Grant on May 5, 2026 under 2019 Equity Incentive Plan
Post-transaction RSU holdings
4,045 RSUs
Total RSUs held directly after the reported grant
Vesting timing
Immediately before 2027 annual meeting
Scheduled RSU vesting date per director equity terms
Settlement ratio
1 RSU : 1 share or cash unit
Payable in cash or common stock on a one-for-one basis
Plan reference year
2019
Uber’s 2019 Equity Incentive Plan governing the RSU 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
"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) director Ursula Burns receive in this Form 4 filing?
Ursula Burns received a grant of 4,045 restricted stock units from Uber. These RSUs were awarded on May 5, 2026 under Uber’s 2019 Equity Incentive Plan as part of her director compensation, rather than being purchased on the open market.
When do Ursula Burns’ 4,045 Uber (UBER) RSUs vest?
The 4,045 RSUs are scheduled to vest immediately before Uber’s 2027 annual stockholders meeting. The footnote also allows for earlier vesting in certain circumstances, which are tied to conditions described in the company’s governing equity and deferral program documents.
How will the 4,045 Uber (UBER) RSUs be paid to Ursula Burns?
Once vested, the RSUs will be paid on a one-for-one basis in either cash or Uber common stock. The company, not the director, chooses the form of payment under Uber’s RSU Conversion and Deferral Program for Directors at the time of her service termination.
Is Ursula Burns’ RSU grant in Uber (UBER) an open-market purchase or sale?
No, the filing shows a grant coded as an acquisition (A) of restricted stock units. This represents equity-based compensation under Uber’s 2019 Equity Incentive Plan, rather than an open-market buy or sell of common shares by the director.
What is Ursula Burns’ holding after this Uber (UBER) RSU grant?
After the reported transaction, Ursula Burns holds 4,045 restricted stock units directly. These units represent a right to receive an equivalent number of cash or common stock units upon vesting and subsequent payment in line with Uber’s director deferral program.