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 June 16, 2024.
Summary
- Nikki Krishnamurthy, a senior executive at Uber Technologies, Inc., filed a Form 4 detailing changes in beneficial ownership.
- The report covers transactions that occurred on June 16, 2024.
- Krishnamurthy acquired shares through the vesting of restricted stock units (RSUs).
- A portion of the shares were withheld to cover tax liabilities.
- The transactions involved multiple tranches of RSUs granted in previous years (2021, 2022, 2023, and 2024).
- After the reported transactions, Krishnamurthy directly owns 343,770 shares of Uber common stock and holds derivative securities including 20,741, 44,363, 66,028 and 50,396 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions, and does not contain information that would significantly shift investor sentiment.
Industry Context
Executive stock transactions are a routine part of corporate governance and compensation practices in publicly traded companies like Uber. These filings provide transparency into executive ownership and alignment with shareholder interests.
Key Dates
| Date | Description |
|---|---|
| 2021-03-01 | Grant date of 110,618 restricted stock units (RSUs) vesting over 48 months. |
| 2022-03-01 | Grant date of 101,401 restricted stock units (RSUs) vesting over 48 months. |
| 2023-03-01 | Grant date of 96,041 restricted stock units (RSUs) vesting over 48 months. |
| 2024-03-01 | Grant date of 53,756 restricted stock units (RSUs) vesting over 48 months. |
| 2024-06-16 | Date of reported transactions: vesting of RSUs and tax withholding. |
| 2024-06-18 | Date of Form 4 filing. |
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