Form 4: Uber CFO Prashanth Mahendra-Rajah Reports Stock Transactions
SEC Form 4
Uber's CFO, Prashanth Mahendra-Rajah, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On March 16, 2025, Uber's CFO, Prashanth Mahendra-Rajah, reported transactions involving Uber's common stock.
- 2,838 restricted stock units (RSUs) vested and converted into common stock.
- 1,570 shares were withheld to cover tax liabilities at a price of $71.55 per share.
- Following these transactions, Mahendra-Rajah directly owns 24,912 shares of Uber common stock and 90,826 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| November 1, 2023 | Grant date of 136,239 restricted stock units (RSUs). |
| February 16, 2024 | First vesting date of 3/48 of the total RSUs. |
| March 16, 2025 | Date of reported transactions: vesting of 2,838 RSUs and tax withholding of 1,570 shares. |
| March 18, 2025 | Date of Form 4 filing. |
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