Form 4: Uber Executive Nikki Krishnamurthy Reports Stock Transactions
SEC Form 4 Filing
Nikki Krishnamurthy, SVP and Chief People Officer at Uber Technologies, Inc., reported the vesting of restricted stock units and subsequent tax withholding on March 16, 2024.
Summary
- Nikki Krishnamurthy, a senior executive at Uber Technologies, Inc., filed a Form 4 detailing changes in beneficial ownership of company stock.
- The reported transactions occurred on March 16, 2024, and involve the vesting of restricted stock units (RSUs) and the subsequent withholding of shares to cover tax liabilities.
- Krishnamurthy acquired shares through the vesting of RSUs granted on various dates, including March 1, 2020, March 2, 2020, March 1, 2021, March 1, 2022 and March 1, 2023.
- A portion of the shares acquired upon vesting were then disposed of to satisfy tax obligations at a price of $76.07 per share.
- Following these transactions, Krishnamurthy directly owns 329,552 shares of Uber common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions, and does not contain any information that would significantly impact investor sentiment.
Industry Context
Executive stock transactions are a common occurrence in publicly traded companies and are closely monitored by investors for insights into management's confidence in the company's future prospects.
Key Dates
| Date | Description |
|---|---|
| March 2, 2020 | Date of grant for 86,670 restricted stock units (RSUs) with vesting starting March 16, 2021. |
| March 1, 2021 | Date of grant for 110,618 restricted stock units (RSUs) with vesting starting March 16, 2022. |
| March 1, 2021 | Date of grant for 66,065 restricted stock units (RSUs) with performance conditions satisfied and time-based condition satisfied on March 16, 2024. |
| March 1, 2022 | Date of grant for 101,401 restricted stock units (RSUs) with vesting starting April 16, 2022. |
| March 1, 2023 | Date of grant for 96,041 restricted stock units (RSUs) with vesting starting April 16, 2023. |
| March 16, 2024 | Date of transactions involving the vesting of RSUs and tax withholding. |
| March 19, 2024 | Date of Form 4 filing. |
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