Form 4: Ursula Burns Receives RSU Grant from Uber Technologies
Director Equity Grant
Director Ursula M. Burns was granted 4,045 restricted stock units as part of Uber's 2019 Equity Incentive Plan.
Summary
- Director Ursula M. Burns 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 before the 2027 annual meeting of stockholders.
- Upon vesting, the units are payable in cash or common stock on a one-for-one basis.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which carries no significant market sentiment impact.
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 will vest in 2027, with payout occurring upon the director's termination of service, subject to the company's RSU Conversion and Deferral Program.
Industry Context
StockSavvy.ai notes that equity grants to independent 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 grant of RSUs to non-employee directors is consistent with compensation practices at major technology firms like Alphabet, Meta, and Amazon.
- The one-for-one conversion structure is a standard mechanism for director equity compensation.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard director compensation event.
Next Steps
- Vesting of RSUs scheduled for the day prior to the 2027 annual meeting of stockholders.
Key Dates
| Date | Description |
|---|---|
| 05/05/2026 | Date of RSU grant and transaction. |
| 2027 | Expected vesting date preceding the 2027 annual meeting of stockholders. |
Keywords
Uber, UBER, Ursula Burns, Form 4, Restricted Stock Units, Equity Incentive Plan, Director Compensation
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