Form 4: Uber CFO Prashanth Mahendra-Rajah Reports Stock Transactions
SEC Form 4
Uber's CFO, Prashanth Mahendra-Rajah, reported the vesting of restricted stock units and subsequent tax withholding on July 16, 2024.
Summary
- On July 16, 2024, Uber CFO Prashanth Mahendra-Rajah reported transactions involving Uber common stock.
- 2,839 restricted stock units (RSUs) vested and converted into common stock.
- 1,450 shares were withheld to cover tax liabilities at a price of $74.3 per share.
- Following these transactions, Mahendra-Rajah directly owns 13,659 shares of Uber common stock and 113,532 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions related to executive compensation, with no inherent positive or negative implications.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on the overall shareholding structure of the company.
Key Dates
| Date | Description |
|---|---|
| November 1, 2023 | Reporting person was granted 136,239 restricted stock units (RSUs). |
| February 16, 2024 | 3/48 of the total RSUs vest. |
| July 16, 2024 | Vesting of 2,839 restricted stock units and tax withholding of 1,450 shares. |
| July 18, 2024 | Date of Form 4 signature. |
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