Nikki Krishnamurthy, Senior Vice President and Chief People Officer at Uber Technologies, sold 30,000 shares of the company's common stock on March 16, 2026, for approximately $2.23 million. The primary sale was executed at a weighted average price in the range of $74.40 to $74.50 per share.
In addition to that block sale, Krishnamurthy completed several disposals on the same date to meet tax-related obligations. These included sales of 476 shares, 448 shares, 799 shares, 844 shares and 27,785 shares of Uber common stock at a price of $74.66 per share. The cumulative value of those disposals was reported at $2,266,080.
Also processed on March 16, 2026 was a set of option exercises enabling Krishnamurthy to acquire a total of 76,000 shares of Uber common stock in connection with the vesting of restricted stock units (RSUs). The filings indicate that the RSU vesting events comprised grants of 1,190; 1,120; 2,001; 2,113; and 69,583 restricted stock units, each of which is convertible into one share of common stock on a one-for-one basis.
Those insider transactions took place while Uber shares were trading at $76.66, and the company carried a market capitalization of $157.65 billion. An InvestingPro analysis included in the filings noted that the stock appeared to be trading below its calculated Fair Value at those levels. The company’s reported price-to-earnings ratio was 16.29, and the stock had posted a 2.25% gain over the prior week. The InvestingPro brief referenced 11 additional tips for Uber, including commentary on the firm's buyback activity and trends in profitability.
Beyond the insider activity, the company has continued to advance its autonomous vehicle efforts through multiple partnerships and pilot services. In collaboration with Motional, Uber has rolled out a robotaxi service in Las Vegas that uses autonomous IONIQ 5 vehicles to provide rides at no additional charge to riders. That service operates at specified locations along Las Vegas Boulevard.
Uber has also announced an expanded agreement with Nvidia aimed at deploying Level 4 robotaxis in Los Angeles and San Francisco by the first half of 2027, with a broader plan to reach 28 cities globally by 2028. That collaboration will employ Nvidia’s DRIVE Hyperion AV platform as part of its technical stack.
Separately, Uber established a strategic, multi-year partnership with Zoox, the Amazon-owned autonomous vehicle company, to integrate purpose-built autonomous vehicles into Uber’s network. The deployment schedule in filings calls for Zoox vehicles to enter service in Las Vegas in summer 2026 and in Los Angeles in mid-2027.
Analyst responses to these moves have been broadly positive within the reports cited. Firms including BTIG, BofA Securities, Bernstein and Citizens reiterated favorable ratings on Uber, noting the company’s positioning in the robotaxi segment. The company’s disclosed partnerships and pilots were described as indicators of continued investment in autonomous capabilities and an intent to expand its presence in the rideshare and mobility market.
Collectively, the filings show a routine combination of equity sales to cover tax liabilities tied to RSU vesting and option exercises that increased the insider's common shareholdings. The broader corporate updates reaffirm Uber’s ongoing commitments to autonomous vehicle programs and related strategic partnerships.