Krishnamurthy Balaji (A) 4
4 · Uber Technologies, Inc · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
Uber CFO Krishnamurthy Balaji Receives RSUs; Shares Withheld
What Happened
Krishnamurthy Balaji, CFO of Uber Technologies (UBER), had RSUs vest on March 16, 2026. A total of 3,286 RSUs converted one-for-one into common shares. To satisfy tax withholding on the vesting, 1,628 shares were withheld (disposed) at a withholding price of $74.66 per share, totaling $121,546. The net result was delivery of 1,658 shares to Balaji.
Key Details
- Transaction date: March 16, 2026; Form 4 filed March 18, 2026 (no late filing indicated).
- Conversion: 3,286 RSUs converted into 3,286 common shares (reported as derivative conversion, code M).
- Tax withholding: 1,628 shares withheld to satisfy tax liability (code F) at $74.66/share, total $121,546.
- Net shares retained: 1,658 shares after withholding.
- Footnotes: RSUs convert one-for-one into common stock (F1); shares were withheld specifically to satisfy tax liability on vesting (F2). Grants referenced span 2022–2025 (F3–F7) with monthly vesting schedules.
- Shares owned after transaction: not specified in the provided filing.
Context
This was a routine RSU vesting and cashless tax-withholding event — not an open-market sale or directional purchase. Transaction codes: M = exercise/conversion of derivative (here, RSU conversion), F = payment/withholding for tax liability. Such withholding is standard when equity awards vest and generally does not by itself signal executive sentiment about the stock.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-03-16+687→ 29,429 total - Exercise/Conversion
Common Stock
[F1]2026-03-16+489→ 29,918 total - Exercise/Conversion
Common Stock
[F1]2026-03-16+1,158→ 31,076 total - Exercise/Conversion
Common Stock
[F1]2026-03-16+606→ 31,682 total - Exercise/Conversion
Common Stock
[F1]2026-03-16+346→ 32,028 total - Tax Payment
Common Stock
[F2]2026-03-16$74.66/sh−341$25,459→ 31,687 total - Tax Payment
Common Stock
[F2]2026-03-16$74.66/sh−244$18,217→ 31,443 total - Tax Payment
Common Stock
[F2]2026-03-16$74.66/sh−590$44,049→ 30,853 total - Tax Payment
Common Stock
[F2]2026-03-16$74.66/sh−277$20,681→ 30,576 total - Tax Payment
Common Stock
[F2]2026-03-16$74.66/sh−176$13,140→ 30,400 total - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-03-16−687→ 24,724 total→ Common Stock (687 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-03-16−489→ 11,760 total→ Common Stock (489 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F5]2026-03-16−1,158→ 20,843 total→ Common Stock (1,158 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F6]2026-03-16−606→ 7,276 total→ Common Stock (606 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F7]2026-03-16−346→ 0 total→ Common Stock (346 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 32,965 RSUs on March 3, 2025. The vesting schedule is as follows: 1/48 of the total RSUs vested 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.
- [F4]The reporting person was granted 23,519 RSUs on March 18, 2024. The vesting schedule is as follows: 1/48 of the total RSUs vested 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.
- [F5]The reporting person was granted 55,581 RSUs on September 22, 2023. The vesting schedule is as follows: 1/48 of the total RSUs vested on October 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.
- [F6]The reporting person was granted 29,104 RSUs on March 16, 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.
- [F7]The reporting person was granted 16,593 RSUs on March 19, 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.