Form 4: Uber Director Robert Eckert Receives RSU Grant
Director Equity Grant
Uber Technologies, Inc. director Robert Eckert was granted 4,045 restricted stock units as part of the company's 2019 Equity Incentive Plan.
Summary
- Director Robert Eckert received a grant of 4,045 restricted stock units (RSUs) on May 5, 2026.
- The grant was issued under the Uber Technologies, Inc. 2019 Equity Incentive Plan.
- The RSUs are scheduled to vest on the day preceding the 2027 annual meeting of stockholders.
- Upon vesting, the units are payable in cash or common stock on a one-for-one basis at the issuer's election upon the director's termination of service.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which carries a neutral sentiment.
Positives
- Alignment of director interests with long-term shareholder value through equity-based compensation.
Negatives
- None identified in this filing.
Risks
- Vesting is subject to the director's continued service and specific conditions outlined in the 2019 Equity Incentive Plan.
Future Outlook
The RSUs are expected to vest in 2027, with conversion to cash or stock occurring upon the director's eventual termination of service.
Industry Context
StockSavvy.ai notes that equity grants to non-employee directors are standard corporate governance practice to ensure board members maintain a vested interest in the company's long-term performance.
Comparison to Industry Standards
- The use of RSU grants for board compensation is consistent with standard practices among large-cap technology firms.
- The one-for-one conversion structure is a common mechanism for director equity deferral programs.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Equity Compensation | Grant of RSUs under the 2019 Equity Incentive Plan. | 05/05/2026 | Standard alignment of director compensation with company performance. |
Stakeholder Impact
- Minimal impact on shareholders as this is a standard director compensation event.
Next Steps
- Vesting of the 4,045 RSUs scheduled for the day before the 2027 annual meeting.
Key Dates
| Date | Description |
|---|---|
| 05/05/2026 | Date of RSU grant and transaction date. |
| 2027 | Expected vesting date preceding the annual meeting of stockholders. |
Keywords
Uber, UBER, Director Compensation, Restricted Stock Units, Equity Incentive Plan, Insider Transaction
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