Summary by Moomoo AI
On 12/16/2024, Uber Technologies' CFO Prashanth Mahendra-Rajah exercised stock options and subsequently sold shares. Mahendra-Rajah acquired 2,838 shares of Common Stock through the exercise of derivative securities, likely employee stock options.Following this acquisition, the CFO disposed of 1,570 shares at a price of $60.25 per share, generating a total market value of $94,592.50. This transaction was coded as a payment of exercise price or tax liability by delivering or withholding securities.After these transactions, Mahendra-Rajah's direct ownership of Uber Common Stock stands at 20,363 shares. The transactions were completed on the same day, indicating a planned exercise-and-sell strategy, possibly for tax purposes or personal financial management.
