Form 4: Uber Director Revathi Advaithi Acquires 4,091 Restricted Stock Units

Director Revathi Advaithi was granted 4,091 restricted stock units (RSUs) in Uber Technologies, Inc. on May 6, 2025, according to a Form 4 filing.

Summary

• Revathi Advaithi, a director of Uber Technologies, Inc., was granted 4,091 restricted stock units (RSUs) on May 6, 2025.
• The RSUs were granted pursuant to Uber's 2019 Equity Incentive Plan.
• The RSUs are scheduled to vest on the date immediately preceding the date of the 2026 annual meeting of the stockholders of the Issuer, subject to earlier vesting in certain circumstances.
• Upon vesting, the RSUs become payable in cash or common stock on a one-for-one basis at the election of the Issuer on the date of the reporting person's termination of service, pursuant to the Uber Technologies, Inc. RSU Conversion and Deferral Program for Directors.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The RSU grant is a standard practice and indicates confidence in the company's future performance.

Positives

• The grant of RSUs aligns the director's interests with those of the shareholders.
• The vesting schedule encourages long-term commitment from the director.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting schedule of the RSUs.

Industry Context

Grants of restricted stock units to directors are a common practice to align their interests with the long-term performance of the company.

Comparison to Industry Standards

• Equity compensation for board members is a standard practice across the technology industry.
• Companies like Lyft and DoorDash also utilize RSU grants as part of their director compensation packages.
• The specific number of RSUs granted varies based on company size, board responsibilities, and individual contributions.

Stakeholder Impact

• The RSU grant aligns the director's interests with those of the shareholders, potentially leading to better corporate governance and decision-making.

Key Dates

Keywords

Uber, Revathi Advaithi, Director, RSU, Restricted Stock Units, Equity Incentive Plan, Form 4, Beneficial Ownership