Form 4: Uber Director Amanda Ginsberg Reports Acquisition of Restricted Stock Units

Amanda Ginsberg, a director at Uber Technologies, reported the acquisition of 3,782 restricted stock units (RSUs) on May 6, 2024.

Summary

• On May 6, 2024, Amanda Ginsberg, a director of Uber Technologies, Inc., acquired 3,782 restricted stock units (RSUs).
• These RSUs were granted under Uber's 2019 Equity Incentive Plan.
• The RSUs are scheduled to vest on the date immediately preceding the date of the 2025 annual meeting of stockholders.
• Upon vesting, the RSUs become payable in cash or common stock on a one-for-one basis at the election of the Issuer on May 16, 2027, pursuant to the Uber Technologies, Inc. RSU Conversion and Deferral Program for Directors.
• The reporting person directly owns 3,782 derivative securities.

Sentiment

Score: 6

Explanation: The document is a neutral report of a standard transaction. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.

Positives

• The grant of RSUs to a director aligns their interests with those of the shareholders.

Future Outlook

The RSUs are scheduled to vest on the date immediately preceding the date of the 2025 annual meeting of the stockholders of the Issuer, subject to earlier vesting in certain circumstances.

Industry Context

This filing is a routine disclosure related to equity compensation for a company director, which is a common practice in publicly traded companies like Uber to incentivize and retain key personnel.

Stakeholder Impact

• The grant of RSUs to a director aligns their interests with those of the shareholders, potentially encouraging decisions that benefit the company's long-term value.

Key Dates