[Form 4] Uber Technologies, Inc Insider Trading Activity

Rhea-AI Filing Summary

Insider transactions by Prashanth Mahendra-Rajah at Uber Technologies (UBER) show a mix of sales, share withholdings for taxes and RSU vesting on September 16, 2025. Under a Rule 10b5-1 plan adopted December 17, 2024, Mr. Mahendra-Rajah sold 2,750 shares at $99.42 and had 476 and 1,570 shares withheld to satisfy taxes on vested RSUs at $97.83 per share. He acquired 859 and 2,838 shares upon RSU vesting on that date. The filing lists direct common stock ownership of 26,225 shares following transactions and shows RSU holdings that convert one-for-one into common stock: 36,054 and 73,796 shares reported as underlying previously granted awards with monthly vesting schedules from grants on March 3, 2025 and November 1, 2023 respectively.

Positive

• Use of a Rule 10b5-1 plan adopted December 17, 2024 provides preplanned execution and reduces concerns about opportunistic trading
• Clear disclosure of RSU grants and vesting schedules from March 3, 2025 and November 1, 2023 improves transparency on executive compensation
• Tax-withholding shares disclosed (476 and 1,570 shares) showing standard post-vesting mechanics rather than undisclosed sales

Negative

• Insider sale of 2,750 shares at $99.42 represents a reduction in direct share holdings
• Multiple large RSU grant pools (36,054 and 73,796 underlying shares reported) could dilute existing shareholders when settled, depending on settlement elections

Insights

Financial Analyst

TL;DR: Routine executive compensation vesting and a Rule 10b5-1 sale with limited market impact.

The Form 4 records expected vesting of RSUs and planned sales under a preexisting 10b5-1 plan rather than opportunistic trading. The sale of 2,750 shares at $99.42 and the tax-withheld share dispositions follow standard post-vesting mechanics. Reported direct common stock of 26,225 shares plus RSU run-rates (36,054 and 73,796 underlying shares) indicate meaningful equity alignment but do not signal a material change to ownership or control.

Corporate Governance Expert

TL;DR: Disclosure aligns with governance best practices; use of 10b5-1 and tax withholding are transparent.

The filing explicitly notes a December 17, 2024 Rule 10b5-1 plan and details withholding to satisfy tax liabilities, which are standard and reduce concerns about selective insider timing. Vesting schedules from the March 3, 2025 and November 1, 2023 grants are disclosed, supporting transparency in executive compensation recognition and conversion mechanics.

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

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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^*

Mahendra-Rajah Prashanth

(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)
	CFO

3. Date of Earliest Transaction (Month/Day/Year)
09/16/2025

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	09/16/2025		S(1)		2,750	D	$99.42	22,528	D
Common Stock	09/16/2025		M		859	A	(2)	23,387	D
Common Stock	09/16/2025		M		2,838	A	(2)	26,225	D
Common Stock	09/16/2025		F(3)		476	D	$97.83	25,749	D
Common Stock	09/16/2025		F(3)		1,570	D	$97.83	24,179	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
Restricted Stock Units	(2)	09/16/2025		M			859	(4)	(4)	Common Stock	859	$0.00	36,054	D
Restricted Stock Units	(2)	09/16/2025		M			2,838	(5)	(5)	Common Stock	2,838	$0.00	73,796	D

Explanation of Responses:

1. This transaction was made pursuant to Mr. Mahendra-Rajah's existing Rule 10b5-1 plan, adopted on December 17, 2024.

2. Restricted stock units (RSUs) convert into common stock on a one-for-one basis.

3. Shares withheld to satisfy tax liability upon vesting of RSUs on September 16, 2025.

4. The reporting person was granted 41,205 RSUs on March 3, 2025. The vesting schedule is as follows: 1/48 of the total RSUs vest on April 16, 2025 and 1/48 of the total RSUs vest each month thereafter. Upon vesting, the RSUs become payable in cash or common stock on a one-for-one basis at the election of the Issuer.

5. The reporting person was granted 136,239 RSUs on November 1, 2023. The vesting schedule is as follows: 3/48 of the total RSUs vest on February 16, 2024 and 1/48 of the total RSUs vest each month thereafter. Upon vesting, the RSUs become payable in cash or common stock on a one-for-one basis at the election of the Issuer.

Remarks:

	/s/ Carolyn Mo by Power of Attorney for Prashanth Mahendra-Rajah	09/18/2025
	** 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).
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FAQ

What transactions did Prashanth Mahendra-Rajah report on Form 4 for UBER?

He reported a sale of 2,750 shares at $99.42, tax-withheld dispositions of 476 and 1,570 shares at $97.83, and acquisitions of 859 and 2,838 shares upon RSU vesting on 09/16/2025.

Was the sale executed under a trading plan?

Yes. The sale was made pursuant to a Rule 10b5-1 plan adopted on December 17, 2024.

How many shares does he own following the reported transactions?

Direct common stock ownership reported after the transactions is 26,225 shares.

What RSU grants and vesting schedules are disclosed?

He was granted 41,205 RSUs on March 3, 2025 with monthly vesting of 1/48 after an initial 1/48 on April 16, 2025; and 136,239 RSUs on November 1, 2023 with 3/48 vesting on February 16, 2024 then monthly 1/48 thereafter.

How do RSUs convert to common stock?

RSUs convert one-for-one into common stock and may be settled in cash or stock at the issuer's election.