Uber CEO Khosrowshahi sells $28.6m in stock

Uber Technologies (NASDAQ:UBER) CEO Dara Khosrowshahi sold 300,000 shares of common stock on September 12, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The sales totaled $28.6 million, coming at a time when the stock trades near its 52-week high of $99.7 and has gained over 34% in the past six months. According to InvestingPro data, Uber maintains a GREAT financial health score, suggesting strong operational performance.

The shares were sold in three separate transactions, all with transaction code "S". The prices ranged from $94.342 to $95.9158. Specifically, 22,376 shares were sold at a weighted average price of $94.342, 171,729 shares were sold at a weighted average price of $95.1655, and 105,895 shares were sold at a weighted average price of $95.9158.

Following the transactions, Khosrowshahi directly owns 1,132,544 shares of Uber Technologies.

The sales were executed under a pre-arranged Rule 10b5-1 trading plan, which Khosrowshahi originally adopted on November 7, 2024, and modified on June 13, 2025.

In other recent news, Uber Technologies has been involved in several noteworthy developments. The company faces a lawsuit from the U.S. government, accusing it of discrimination against passengers with disabilities, which includes allegations of refusing service to those with service animals or stowable wheelchairs. In a strategic move, Uber Eats has partnered with fintech company Pipe to provide working capital to U.S. restaurants through the Uber Eats Manager platform, offering tailored capital solutions based on restaurant performance. Additionally, Uber has expanded its partnership with Joby Aviation to integrate Blade’s air mobility services into the Uber app, allowing users to book Blade flights directly.

Furthermore, Uber Technologies has announced a collaboration with Sephora, making it the first prestige beauty retailer on the Uber Eats platform, offering on-demand delivery from hundreds of locations in the U.S. and Canada. Meanwhile, Uber and Lyft’s stocks experienced a dip after Waymo received permission to begin autonomous vehicle operations at San Francisco International Airport, a move that could impact Uber’s significant airport business. These recent developments highlight Uber’s ongoing efforts to diversify its services and address legal challenges.

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