Form 4: Uber COO Andrew Macdonald Granted Equity Awards

Uber Technologies, Inc. President and COO Andrew Macdonald received grants of restricted stock units and stock options as part of the company's 2019 Equity Incentive Plan.

Summary

• Andrew Macdonald, President and Chief Operating Officer of Uber Technologies, Inc. (UBER), was granted equity awards on March 2, 2026.
• The grants include 54,377 Restricted Stock Units (RSUs) under Uber's 2019 Equity Incentive Plan.
• These RSUs will vest at a rate of 1/48th of the total on April 16, 2026, and 1/48th each month thereafter.
• Upon vesting, the RSUs are payable in cash or common stock on a one-for-one basis, at the Issuer's election.
• Macdonald also received stock options for a total of 125,431 shares (121,581 + 3,850) with an exercise price of $75.95 per share.
• These stock options were granted under Uber's 2019 Equity Incentive Plan and expire on March 2, 2033.
• The stock options become exercisable as to 1/4 of the shares on March 16, 2027, and 1/4 of the shares on each annual anniversary thereafter.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive development, primarily because it signifies continued executive alignment with shareholder interests through long-term equity incentives. It is a standard compensation event and not indicative of extraordinary operational performance or strategic shifts.

Positives

• The equity grants align the interests of a key executive, Andrew Macdonald, with those of shareholders, incentivizing long-term performance.
• The grants are part of a standard executive compensation package, reflecting ongoing commitment to leadership.

Future Outlook

The grants include specific vesting schedules for both Restricted Stock Units and Stock Options, indicating future dates when these equity awards will become exercisable or vested, contingent on continued employment and potentially other performance criteria.

Industry Context

StockSavvy.ai notes that equity-based compensation, such as Restricted Stock Units and stock options, is a prevalent practice across the technology and ride-sharing industries. This approach is widely used to attract, retain, and motivate senior executives by linking their personal wealth directly to the company's stock performance, thereby fostering long-term strategic alignment.

Stakeholder Impact

• Shareholders: The equity grants are designed to align the interests of a key executive with shareholders, potentially leading to better long-term company performance.
• Employees (Andrew Macdonald): The grants represent a significant component of his compensation, incentivizing his continued leadership and contributions to Uber's success.

Next Steps

• Ongoing monthly vesting of Restricted Stock Units starting April 16, 2026.
• Annual exercisability of stock options starting March 16, 2027.

Key Dates

Keywords

Uber Technologies, UBER, Andrew Macdonald, Restricted Stock Units, RSUs, Stock Options, Equity Incentive Plan, Executive Compensation, Insider Transaction, Form 4