STOCK TITAN

UBER Insider Filing: Krishnamurthy RSUs Vest; Shares Withheld at $97.83

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Nikki Krishnamurthy, SVP and Chief People Officer of Uber Technologies, reported multiple equity transactions on September 16, 2025. Several restricted stock units (RSUs) vested and converted one-for-one into common stock: 1,190; 1,119; 2,001; and 2,113 shares were recorded as vested in Table II, increasing her RSU-derived share holdings to 49,995, 33,598, 36,015, and 12,675 respectively. Portions of vested RSUs were withheld to satisfy tax withholding obligations: 476, 447, 799 and 844 shares were withheld at $97.83 per share. After the reported transactions, Krishnamurthy beneficially owned shares shown in the Form 4 tables. The filing was signed by power of attorney on her behalf.

Positive

  • Scheduled vesting occurred as disclosed, showing compensation plan functioning as intended with RSUs converting one-for-one into common shares.
  • Tax withholding was executed via share withholding rather than open-market sales, which can be administratively efficient and avoids market selling pressure from the insider.

Negative

  • Sizable shares withheld for taxes at $97.83 reduced the net increase in beneficial ownership from the vesting event.
  • Form shows multiple vesting tranches which marginally increases outstanding shares when RSUs convert to common stock.

Insights

TL;DR: Routine executive equity vesting and tax withholding; no new grants or option exercises beyond scheduled RSU vesting.

These disclosures reflect scheduled vesting of multi-year RSU grants from 2022–2025 converting to common shares on a one-for-one basis. The transaction codes indicate ordinary vesting (M) and shares withheld for tax (F) rather than open-market sales. This is a standard compensation event that increases vested share count while reducing net issuance to the executive via withholding.

TL;DR: Insider reported incremental share receipts and tax withholdings; transaction sizes are small relative to a public float.

The reported amounts per line (hundreds to a few thousand shares) represent routine vesting and withholding and do not indicate a material change in insider stake or signaling of liquidity events. The withholding price of $97.83 is disclosed for the tax-related dispositions. No derivative grants beyond RSU conversions are newly created in this filing.

Insider Krishnamurthy Nikki
Role SVP and Chief People Officer
Type Security Shares Price Value
Exercise Restricted Stock Units 1,190 $0.00 --
Exercise Restricted Stock Units 1,119 $0.00 --
Exercise Restricted Stock Units 2,001 $0.00 --
Exercise Restricted Stock Units 2,113 $0.00 --
Exercise Common Stock 1,190 $0.00 --
Exercise Common Stock 1,119 $0.00 --
Exercise Common Stock 2,001 $0.00 --
Exercise Common Stock 2,113 $0.00 --
Tax Withholding Common Stock 476 $97.83 $47K
Tax Withholding Common Stock 447 $97.83 $44K
Tax Withholding Common Stock 799 $97.83 $78K
Tax Withholding Common Stock 844 $97.83 $83K
Holdings After Transaction: Restricted Stock Units — 49,995 shares (Direct); Common Stock — 421,269 shares (Direct)
Footnotes (1)
  1. Restricted stock units (RSUs) convert into common stock on a one-for-one basis. Shares withheld to satisfy tax liability upon vesting of RSUs on September 16, 2025. The reporting person was granted 57,137 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. The reporting person was granted 53,756 RSUs on March 1, 2024. The vesting schedule is as follows: 1/48 of the total RSUs vest on April 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. The reporting person was granted 96,041 RSUs on March 1, 2023. The vesting schedule is as follows: 1/48 of the total RSUs vested on April 16, 2023 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. The reporting person was granted 101,401 RSUs on March 1, 2022. The vesting schedule is as follows: 1/48 of the total RSUs vested on April 16, 2022 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.
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*
Krishnamurthy Nikki

(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)
SVP and Chief People Officer
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 M 1,190 A (1) 421,269 D
Common Stock 09/16/2025 M 1,119 A (1) 422,388 D
Common Stock 09/16/2025 M 2,001 A (1) 424,389 D
Common Stock 09/16/2025 M 2,113 A (1) 426,502 D
Common Stock 09/16/2025 F(2) 476 D $97.83 426,026 D
Common Stock 09/16/2025 F(2) 447 D $97.83 425,579 D
Common Stock 09/16/2025 F(2) 799 D $97.83 424,780 D
Common Stock 09/16/2025 F(2) 844 D $97.83 423,936 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 (1) 09/16/2025 M 1,190 (3) (3) Common Stock 1,190 $0.00 49,995 D
Restricted Stock Units (1) 09/16/2025 M 1,119 (4) (4) Common Stock 1,119 $0.00 33,598 D
Restricted Stock Units (1) 09/16/2025 M 2,001 (5) (5) Common Stock 2,001 $0.00 36,015 D
Restricted Stock Units (1) 09/16/2025 M 2,113 (6) (6) Common Stock 2,113 $0.00 12,675 D
Explanation of Responses:
1. Restricted stock units (RSUs) convert into common stock on a one-for-one basis.
2. Shares withheld to satisfy tax liability upon vesting of RSUs on September 16, 2025.
3. The reporting person was granted 57,137 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.
4. The reporting person was granted 53,756 RSUs on March 1, 2024. The vesting schedule is as follows: 1/48 of the total RSUs vest on April 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.
5. The reporting person was granted 96,041 RSUs on March 1, 2023. The vesting schedule is as follows: 1/48 of the total RSUs vested on April 16, 2023 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.
6. The reporting person was granted 101,401 RSUs on March 1, 2022. The vesting schedule is as follows: 1/48 of the total RSUs vested on April 16, 2022 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 Nikki Krishnamurthy 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).
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 transactions did Nikki Krishnamurthy report on the Form 4 for UBER?

The Form 4 reports scheduled RSU vesting on 09/16/2025 resulting in multiple conversions to common stock and share withholdings to satisfy tax obligations.

How many shares were withheld to cover taxes and at what price?

Shares withheld: 476, 447, 799, and 844 shares were withheld; withholding price: $97.83 per share.

Which RSU grant vintages vested according to the filing?

Vested RSUs came from grants dated March 3, 2025; March 1, 2024; March 1, 2023; and March 1, 2022 as described in the explanation section.

What is the reporting person's role at Uber and how was the form signed?

Nikki Krishnamurthy is SVP and Chief People Officer and the Form 4 was signed by Carolyn Mo by power of attorney on 09/18/2025.

Did the Form 4 show any open-market sales or purchases aside from withholding?

No open-market purchases or sales are reported. Dispositions shown relate to shares withheld for taxes (transaction code F) and conversions from RSUs (code M).