CEO Dara Khosrowshahi buys $10.0M of common stock

What did Uber Technologies, Inc announce?

CEO Dara Khosrowshahi bought 141,000 shares of common stock for a total value of $10,005,952.20 in an open-market transaction.

Key details

• Dara Khosrowshahi, Chief Executive Officer, bought 141,000 shares.
• The total value of the transaction was $10,005,952.20.
• The transaction was an open-market purchase.
• The purchase was not made under a 10b5-1 plan.

Why it matters

This 4 reports an insider transaction at Uber Technologies, Inc. The likely share-price reaction reads as positive.

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