Form 4: Uber CFO Prashanth Mahendra-Rajah Reports Stock Transactions
SEC Form 4 Filing
Uber CFO Prashanth Mahendra-Rajah reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On February 16, 2025, Uber CFO Prashanth Mahendra-Rajah reported the vesting of 2,839 shares of common stock from restricted stock units (RSUs).
- Shares were also withheld to cover tax liabilities, resulting in a disposition of 1,145 shares at a price of $79.42.
- Following these transactions, Mahendra-Rajah directly owns 23,644 shares of common stock and 93,664 restricted stock units.
- The RSUs were granted on November 1, 2023, and vest according to a specific schedule.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation. It doesn't contain information that would significantly shift investor sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, like the CFO, who trade in their company's stock. It provides transparency to the market regarding the transactions of company executives.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect the CFO's compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| November 1, 2023 | Grant date of 136,239 restricted stock units (RSUs) |
| February 16, 2024 | First vesting date of RSUs (3/48 of total) |
| February 16, 2025 | Vesting of 2,839 shares of common stock from RSUs; tax withholding of 1,145 shares |
| Each month after February 16, 2024 | 1/48 of the total RSUs vest each month |
| February 19, 2025 | Date of Form 4 filing |
Keywords
Form 4, Uber, Prashanth Mahendra-Rajah, CFO, Stock, Restricted Stock Units, RSUs, Vesting, Tax Withholding
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