Form 4: Uber Director John Thain Reports Stock Unit Conversion
SEC Form 4
Director John Thain converted 323 restricted stock units into common stock on July 16, 2024, according to a recent SEC filing.
Summary
- John Thain, a director of Uber Technologies, Inc., reported a transaction involving restricted stock units.
- On July 16, 2024, Thain converted 323 restricted stock units (RSUs) into common stock.
- The RSUs were granted on July 10, 2024, under the Uber Technologies, Inc. RSU Conversion and Deferral Program for Directors.
- The RSUs were fully vested upon grant and became payable in cash or common stock at the issuer's election.
- Following the transaction, Thain directly owns 176,857 shares of Uber common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a routine transaction. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for directors of publicly traded companies. It provides transparency into the holdings and transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 07/10/2024 | Date the reporting person was granted 323 restricted stock units |
| 07/16/2024 | Date of transaction where restricted stock units were converted into common stock |
| 07/18/2024 | Date of filing |
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