Form 4: Uber Director Turqi Alnowaiser Equity Transaction

Uber Director Turqi Alnowaiser reported the vesting of restricted stock units and a subsequent grant of new equity awards.

Summary

• Director Turqi Alnowaiser acquired 4,091 shares of Uber common stock upon the vesting of restricted stock units (RSUs).
• A total of 558 shares were withheld by the company to satisfy tax obligations at a price of $75.12 per share.
• The director was granted 4,045 new RSUs on May 5, 2026, under the 2019 Equity Incentive Plan.
• The new RSUs are scheduled to vest on the date immediately preceding the 2027 annual stockholders meeting.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director equity compensation.

Positives

• Continued alignment of director interests with shareholders through equity-based compensation.

Negatives

• None identified; this is a routine equity compensation disclosure.

Risks

• Future vesting of equity is subject to the terms of the 2019 Equity Incentive Plan and potential changes in company policy.

Future Outlook

The director holds 4,045 RSUs scheduled to vest on the date immediately preceding the 2027 annual meeting of stockholders.

Management Comments

• Turqi Alnowaiser serves as the Deputy Governor and Head of International Investments of The Public Investment Fund (PIF).

Industry Context

StockSavvy.ai notes that this filing reflects standard director compensation practices for large-cap technology firms, maintaining alignment between board members and long-term shareholder value.

Comparison to Industry Standards

• Equity-based compensation for board members is standard practice among S&P 500 technology companies.
• The use of RSUs as a primary vehicle for director compensation is consistent with industry peers like Lyft or DoorDash.

Related Party Transactions

• The reporting person is affiliated with the Public Investment Fund (PIF), a significant shareholder of the issuer.

Stakeholder Impact

• Minimal impact; reflects standard director compensation.

Next Steps

• Vesting of 4,045 RSUs scheduled for the date preceding the 2027 annual stockholders meeting.

Key Dates

Keywords

Uber, UBER, Form 4, Insider Trading, Equity Compensation, Restricted Stock Units, Turqi Alnowaiser