Form 4: John Thain Exercises Restricted Stock Units in Uber Technologies
SEC Form 4
Director John Thain reports exercising restricted stock units (RSUs) in Uber Technologies, resulting in the acquisition of 302 shares of common stock.
Summary
- On April 16, 2025, John Thain, a director of Uber Technologies, Inc., exercised 302 restricted stock units (RSUs).
- The RSUs converted into 302 shares of common stock on a one-for-one basis.
- Following the transaction, Thain directly owns 177,829 shares of Uber Technologies common stock.
- The RSUs were granted on April 10, 2025, and were 100% vested as of the grant date.
- The RSUs became payable in cash or common stock at the election of Uber Technologies on April 16, 2025.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies like Uber Technologies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects a change in the director's holdings of Uber stock.
Key Dates
| Date | Description |
|---|---|
| 04/10/2025 | Date the reporting person was granted 302 restricted stock units ('RSUs'). |
| 04/16/2025 | Date of transaction where restricted stock units converted into common stock. |
| 04/18/2025 | Date of Form 4 filing. |
Keywords
Uber Technologies, John Thain, restricted stock units, RSUs, Form 4, director, common stock, beneficial ownership
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