Uber Technologies (UBER) director converts 349 RSUs into common stock
Rhea-AI Filing Summary
Uber Technologies director John A. Thain converted 349 restricted stock units into 349 shares of common stock on July 16, 2026. The RSUs were granted and fully vested on July 10, 2026 under Uber’s RSU Conversion and Deferral Program for Directors. Following settlement, he held 187,225 common shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 349 shares
Net Buy
2 txns
Insider
THAIN JOHN A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 349 | $0.00 | -- |
| Exercise | Common Stock F1 | 349 | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 187,225 shares (Direct)
Footnotes (2)
- F1. Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
- F2. The reporting person was granted 349 RSUs on July 10, 2026 pursuant to the Uber Technologies, Inc. RSU Conversion and Deferral Program for Directors. The RSUs were 100% vested as of the date of grant and became payable in cash or common stock on a one-for-one basis at the election of the Issuer on July 16, 2026.
Key Figures
RSUs converted: 349 units
Common shares received: 349 shares
Post-transaction holdings: 187,225 shares
+2 more
5 metrics
RSUs converted
349 units
Restricted stock units converted into common stock on July 16, 2026
Common shares received
349 shares
Shares of Uber common stock issued upon RSU conversion
Post-transaction holdings
187,225 shares
Direct Uber common stock holdings after the July 16, 2026 transaction
RSU grant date
July 10, 2026
Date on which 349 RSUs were granted and fully vested
Settlement date
July 16, 2026
Date RSUs became payable in cash or common stock at Uber’s election
Key Terms
Restricted stock units, RSU Conversion and Deferral Program for Directors, one-for-one basis
3 terms
Restricted stock units financial
"Restricted stock units ("RSUs") convert into common stock on a one-for-one basis."
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.
RSU Conversion and Deferral Program for Directors financial
"pursuant to the Uber Technologies, Inc. RSU Conversion and Deferral Program for Directors."
one-for-one basis financial
"RSUs convert into common stock on a one-for-one basis."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Uber (UBER) director John A. Thain report?
John A. Thain reported the conversion of 349 restricted stock units into 349 shares of Uber common stock on July 16, 2026. The Form 4 characterizes this as an exercise or conversion of a derivative security linked to his director RSU award.
What were the terms of the 349 RSUs reported by Uber (UBER)?
The filing states Thain was granted 349 RSUs on July 10, 2026, which were 100% vested at grant. They converted into cash or common stock on a one-for-one basis at Uber’s election and became payable on July 16, 2026.
Did John A. Thain’s Uber (UBER) transaction occur under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not marked. This means the transaction is not affirmatively identified in the filing as having been executed under a pre-arranged Rule 10b5-1 trading plan.
Was this Uber (UBER) insider transaction a market sale or purchase?
The Form 4 describes the event as an exercise or conversion of a derivative security related to RSUs, not an open-market buy or sale. Each RSU converted into one share of common stock according to the one-for-one conversion terms disclosed.