Form 4: Uber CFO Balaji Krishnamurthy Awarded Equity

Uber Technologies' Chief Financial Officer, Balaji Krishnamurthy, received significant equity grants including restricted stock units and stock options.

Summary

• Balaji Krishnamurthy, Chief Financial Officer of Uber Technologies, Inc. (UBER), was granted 42,482 restricted stock units (RSUs) on March 2, 2026, under Uber's 2019 Equity Incentive Plan.
• These 42,482 RSUs will vest monthly, with 1/48 vesting on April 16, 2026, and subsequent 1/48 portions vesting each month thereafter.
• An additional 67,971 RSUs were granted to Mr. Krishnamurthy on March 2, 2026, also under the 2019 Equity Incentive Plan.
• The vesting schedule for the 67,971 RSUs is staggered: 1/120 vest monthly for the first 12 months starting April 16, 2026, followed by 1/40 monthly for the next 12 months, and then 1/20 monthly for the subsequent 12 months.
• Upon vesting, both RSU grants are payable in cash or common stock on a one-for-one basis, at the Issuer's election.
• Mr. Krishnamurthy also received a stock option grant for 97,993 shares on March 2, 2026, with an exercise price of $75.95, pursuant to the 2019 Equity Incentive Plan.
• The stock option becomes exercisable as to 1/4 of the shares on March 16, 2027, and an additional 1/4 on each anniversary thereafter, with an expiration date of March 2, 2033.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a positive development for executive retention and alignment of interests, although it represents routine compensation rather than a significant operational or financial announcement.

Positives

• The equity grants align the Chief Financial Officer's interests with those of shareholders, incentivizing long-term performance and value creation.
• Significant equity awards can serve as a strong retention tool for key executive talent within the company.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding the company's financial performance or strategic outlook, focusing solely on executive equity compensation.

Industry Context

StockSavvy.ai notes that the granting of restricted stock units and stock options to key executives like the CFO is a standard practice across the technology and transportation sectors. This compensation structure is designed to align executive incentives with long-term shareholder value and retain top talent in a competitive market.

Comparison to Industry Standards

• Executive equity grants, including RSUs and stock options, are a common component of compensation packages for C-suite executives in major technology and ride-sharing companies such as Lyft, DoorDash, and Grab Holdings.
• The multi-year vesting schedules for both RSUs and stock options are typical for executive compensation, promoting long-term commitment and performance, similar to practices observed at companies like Google (Alphabet) and Amazon.

Stakeholder Impact

• Shareholders: Potential for future dilution from the exercise of stock options and conversion of RSUs, but also benefit from enhanced executive alignment with long-term company performance.
• Employees: No direct impact on general employees, but reflects the company's compensation strategy for its leadership.

Next Steps

• The granted Restricted Stock Units will begin vesting on April 16, 2026, and continue monthly according to their respective schedules.
• The stock options will become exercisable in annual increments, starting on March 16, 2027.

Key Dates

Keywords

Uber Technologies, UBER, Balaji Krishnamurthy, Chief Financial Officer, Restricted Stock Units, RSUs, Stock Options, Equity Incentive Plan, Insider Transaction, Executive Compensation