KHOSROWSHAHI DARA 4
4 · Uber Technologies, Inc · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
Uber (UBER) CEO Dara Khosrowshahi Receives RSU Shares (Tax Withholding)
What Happened Dara Khosrowshahi, CEO of Uber Technologies (UBER), had 496,958 restricted stock units (RSUs convert one-for-one to common stock) vest on March 16, 2026. To satisfy tax withholding obligations, 253,700 of those shares were withheld/treated as disposed at $74.66 per share, producing proceeds of $18,941,243. The remaining 243,258 shares were issued to him net of tax withholding.
Key Details
- Transaction date: March 16, 2026; Form 4 filed March 18, 2026 (appears timely).
- RSUs converted (acquired): 496,958 shares (breakdown: 20,026; 18,898; 33,560; 35,433; 389,041).
- Shares withheld (disposed) for tax: 253,700 shares at $74.66 = $18,941,243 (five withholding entries totaling listed amounts).
- Net shares delivered to insider: 243,258 shares (496,958 vested minus 253,700 withheld).
- Footnotes: RSUs convert one-for-one to common stock (F1). Withholding was to satisfy tax liability on vesting (F2). Grants and vesting schedules originate from grants in 2022–2025; notably 389,041 RSUs from Mar 1, 2023 had performance/time conditions satisfied and vested Mar 16, 2026 (F3–F7).
- Transaction codes: M = conversion/exercise of derivative (here, RSU vesting); F = payment of tax liability via share withholding.
- Shares owned after the transaction: not disclosed in the provided filing excerpt.
Context This was a routine vesting of previously granted RSUs with share withholding to cover taxes (a common cashless/net-share settlement). The transaction is not the same as an open-market sale for cash; the withheld shares are used only to satisfy tax obligations. Such vesting and withholding events are common for executive compensation and do not by themselves indicate a change in insider sentiment.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-03-16+20,026→ 1,002,570 total - Exercise/Conversion
Common Stock
[F1]2026-03-16+18,898→ 1,021,468 total - Exercise/Conversion
Common Stock
[F1]2026-03-16+33,560→ 1,055,028 total - Exercise/Conversion
Common Stock
[F1]2026-03-16+35,433→ 1,090,461 total - Exercise/Conversion
Common Stock
[F1]2026-03-16+389,041→ 1,479,502 total - Tax Payment
Common Stock
[F2]2026-03-16$74.66/sh−10,224$763,324→ 1,469,278 total - Tax Payment
Common Stock
[F2]2026-03-16$74.66/sh−9,648$720,320→ 1,459,630 total - Tax Payment
Common Stock
[F2]2026-03-16$74.66/sh−17,133$1,279,150→ 1,442,497 total - Tax Payment
Common Stock
[F2]2026-03-16$74.66/sh−18,089$1,350,525→ 1,424,408 total - Tax Payment
Common Stock
[F2]2026-03-16$74.66/sh−198,606$14,827,924→ 1,225,802 total - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-03-16−20,026→ 60,076 total→ Common Stock (20,026 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-03-16−18,898→ 37,797 total→ Common Stock (18,898 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F5]2026-03-16−33,560→ 33,560 total→ Common Stock (33,560 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F6]2026-03-16−35,433→ 0 total→ Common Stock (35,433 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F7]2026-03-16−389,041→ 0 total→ Common Stock (389,041 underlying)
Footnotes (7)
- [F1]Restricted stock units (RSUs) convert into common stock on a one-for-one basis.
- [F2]Shares withheld to satisfy tax liability upon vesting of RSUs on March 16, 2026.
- [F3]The reporting person was granted 80,102 RSUs on March 3, 2025. The vesting schedule is as follows: 1/4 of the total RSUs vest on March 16, 2026 and 1/4 of the total RSUs vest on each anniversary thereafter. Upon vesting, the RSUs become payable in cash or common stock on a one-for-one basis at the election of the issuer.
- [F4]The reporting person was granted 75,594 RSUs on March 1, 2024. The vesting schedule is as follows: 1/4 of the total RSUs vest on March 16, 2025 and 1/4 of the total RSUs vest on each anniversary thereafter. Upon vesting, the RSUs become payable in cash or common stock on a one-for-one basis at the election of the issuer.
- [F5]The reporting person was granted 134,240 RSUs on March 1, 2023. The vesting schedule is as follows: 1/4 of the total RSUs vest on March 16, 2024 and 1/4 of the total RSUs vest each anniversary thereafter. Upon vesting, the RSUs become payable in cash or common stock on a one-for-one basis at the election of the issuer.
- [F6]The reporting person was granted 141,731 RSUs on March 1, 2022. The vesting schedule is as follows: 1/4 of the total RSUs on March 16, 2023 and 1/4 of the total RSUs each annual anniversary thereafter. Upon vesting, the RSUs become payable in cash or common stock on a one-for-one basis at the election of the issuer.
- [F7]Consists of 389,041 RSUs granted to the reporting person on March 1, 2023 pursuant to Uber's 2019 Equity Incentive Plan, for which certain performance conditions have been satisfied and for which the time-based condition was satisfied on March 16, 2026. Upon vesting, the RSUs become payable in cash or common stock on a one-for-one basis at the election of the issuer.