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AI English summary of an SEC filing — figures as filed

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The company said the Board of Directors appointed Nikesh Arora as a director on May 31, 2025. It said Arora was assigned to the Nominating and Governance Committee and the Compensation Committee.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

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  1. The company said the Board of Directors appointed Nikesh Arora as a director on May 31, 2025. It said Arora was assigned to the Nominating and Governance Committee and the Compensation Committee.

  2. Uber said Arora, 57, has served as Chairman of the Board and Chief Executive Officer of Palo Alto Networks since June 2018. The company also described Arora's senior operating roles at Google, Inc. from December 2004 to July 2014.

  3. The company said Arora will receive an annual cash retainer of $60,000 and annual restricted stock units with a fair value of $300,000 under the non-employee director compensation program. Both are prorated for his partial year of service. He will also receive a cash retainer for his committee service.

  4. The company said Arora was nominated to the Board mainly based on his leadership experience in global technology, his operational and financial expertise, and his record of corporate governance at leading public companies. It said there is no arrangement or understanding with any other person under which Arora was selected as a director, and he has no material interest in any transaction requiring disclosure under Item 404(a).

Summary

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Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Nikesh Arora Appointed to Uber Board

The company said the Board of Directors appointed Nikesh Arora as a director on May 31, 2025. It said Arora was assigned to the Nominating and Governance Committee and the Compensation Committee.

Source · Based on the filing body and exhibits

Arora's Current Role and Background

Uber said Arora, 57, has served as Chairman of the Board and Chief Executive Officer of Palo Alto Networks since June 2018. The company also described Arora's senior operating roles at Google, Inc. from December 2004 to July 2014.

Source · Based on the filing body and exhibits

Director Compensation Structure

The company said Arora will receive an annual cash retainer of $60,000 and annual restricted stock units with a fair value of $300,000 under the non-employee director compensation program. Both are prorated for his partial year of service. He will also receive a cash retainer for his committee service.

Source · Based on the filing body and exhibits

Reason for Appointment and No Interests

The company said Arora was nominated to the Board mainly based on his leadership experience in global technology, his operational and financial expertise, and his record of corporate governance at leading public companies. It said there is no arrangement or understanding with any other person under which Arora was selected as a director, and he has no material interest in any transaction requiring disclosure under Item 404(a).

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.