Form 4: Uber SVP Nikki Krishnamurthy Reports Stock Transactions
SEC Form 4 Filing
Nikki Krishnamurthy, SVP and Chief People Officer at Uber Technologies, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- Nikki Krishnamurthy, SVP and Chief People Officer of Uber Technologies, reported transactions related to restricted stock units (RSUs).
- On August 16, 2024, various tranches of RSUs vested and converted into common stock on a one-for-one basis.
- A total of 7,537 RSUs vested.
- Shares were withheld to cover tax liabilities at a price of $72.04 per share.
- Following these transactions, Krishnamurthy directly owns 352,823 shares of Uber common stock and 16,132 to 62,026 derivative securities.
- The transactions were reported on Form 4, filed with the SEC on August 20, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, which carries a neutral sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives who receive stock-based compensation. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are part of standard executive compensation practices.
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 2021-03-01 | Reporting person was granted 110,618 restricted stock units (RSUs). |
| 2022-03-01 | Reporting person was granted 101,401 restricted stock units (RSUs). |
| 2023-03-01 | Reporting person was granted 96,041 restricted stock units (RSUs). |
| 2024-03-01 | Reporting person was granted 53,756 restricted stock units (RSUs). |
| 2024-08-16 | Date of transaction: vesting of restricted stock units and tax withholding. |
| 2024-08-20 | Date of Form 4 filing. |
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