[Form 4] Uber Technologies, Inc Insider Trading Activity

Rhea-AI Filing Summary

Tony West, Chief Legal Officer and Corporate Secretary of Uber Technologies, reported insider transactions on a Form 4 dated 09/22/2025. Under a Rule 10b5-1 plan adopted May 27, 2025, Mr. West exercised 100,000 stock options at an exercise price of $33.65 per share and received 100,000 common shares. He then sold 100,000 shares in two blocks: 89,000 shares at a weighted-average price of $100.3078 and 11,000 shares at a weighted-average price of $101.0094, leaving him with 171,558 shares beneficially owned.

Positive

• Transactions conducted under a Rule 10b5-1 plan, indicating pre-planned, compliant trades
• Timely disclosure on Form 4 with Power of Attorney signature, satisfying Section 16 reporting

Negative

• Insider sold 100,000 shares, reducing beneficial ownership from 271,558 to 171,558 shares

Insights

Corporate Governance Expert

TL;DR: Routine, pre-planned insider exercise and sales under a 10b5-1 plan; no governance red flags apparent.

The filing shows a stock option exercise followed by sales executed pursuant to an existing Rule 10b5-1 plan adopted May 27, 2025. The transactions were executed on 09/22/2025 and disclosed promptly on Form 4 with a PoA signature. From a governance perspective, using a documented 10b5-1 plan and timely disclosure are standard controls to manage insider trading risk. The filing notes the option is fully vested and exercisable, which explains the exercise and immediate disposition of shares.

Securities Analyst

TL;DR: Neutral market impact; insider sold 100,000 shares after exercising options, but shares sold represent a small portion of outstanding float.

The transaction steps are clear: exercise of 100,000 options at $33.65 and subsequent sales in multiple tranches yielding weighted-average proceeds of about $100.32 and $101.01 for two groups. The reporting person retained 171,558 shares after the transactions. These are routine liquidity actions by an executive using a 10b5-1 plan; the filing provides weighted-average sale prices and offers to provide per-trade breakdown to the company or SEC upon request.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

West Tony

(Last) (First) (Middle)

1725 3RD STREET

(Street)

SAN FRANCISCO CA 94158

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Uber Technologies, Inc [ UBER ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
09/22/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/22/2025		M(1)		100,000	A	$33.65	271,558	D
Common Stock	09/22/2025		S(1)		89,000	D	$100.3078(2)	182,558	D
Common Stock	09/22/2025		S(1)		11,000	D	$101.0094(3)	171,558	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	$33.65	09/22/2025		M(1)			100,000	(4)	03/20/2028	Common Stock	100,000	$0.00	200,000	D

Explanation of Responses:

1. This transaction was made pursuant to Mr. West's existing Rule 10b5-1 plan, adopted on May 27, 2025.

2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.00 to $100.99, inclusive. The reporting person undertakes to provide to Uber Technologies, Inc., any security holder of Uber Technologies, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (3) to this Form 4.

3. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.00 to $101.17, inclusive.

4. The stock option is fully vested and exercisable.

Remarks:

Chief Legal Officer and Corporate Secretary

	/s/ Carolyn Mo by Power of Attorney for Tony West	09/24/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Tony West (UBER) report on the Form 4?

He exercised 100,000 options at $33.65 and sold 100,000 common shares on 09/22/2025 under a Rule 10b5-1 plan.

How many shares does Tony West own after the reported transactions?

171,558 shares beneficially owned following the transactions.

At what prices were the shares sold in the Form 4?

Shares were sold in multiple transactions with weighted-average prices of $100.3078 (89,000 shares) and $101.0094 (11,000 shares).

When was the Rule 10b5-1 plan adopted for these trades?

May 27, 2025, as disclosed in the Form 4 explanatory footnote.

Is the exercised stock option vested and exercisable?

Yes; the filing states the stock option is fully vested and exercisable.