Summary by Moomoo AI
Uber Technologies, Inc. officer Nelson Chai is set to sell 107,107 common shares of the company on 01/19/2024, with an aggregate market value of approximately $6,961,955. The shares to be sold were acquired through restricted stock vesting under a registered plan, with multiple acquisition dates ranging from 09/01/2019 to 12/16/2023, as compensation for services rendered. This planned transaction follows a recent history of sales by Chai over the past three months, totaling 200,000 shares for gross proceeds of $11,408,169.43.