Uber CEO Dara Khosrowshahi buys $10 million of stock on the open market and files the same day

SentiSense · Published Sep 10, 2026, 6:09 PM ET · Updated Sep 28, 2026, 2:45 AM ET

Dara Khosrowshahi bought 141,000 Uber shares on September 10, 2026 at an average of $70.9642, a $10,005,952 open-market purchase filed the same day. The transaction is coded P, an open-market buy rather than an option exercise, and lifts his holding to 1,367,100 shares. Uber closed at $72.56, up 2.1%, after a roughly 3% intraday move following the filing.

UBER chief executive Dara Khosrowshahi purchased 141,000 shares on September 10, 2026 at a weighted average price of $70.9642, a total of $10,005,952. Two mechanical details make this a stronger signal than the headline alone. The Form 4 codes the transaction P, an open-market purchase, not an option exercise or a scheduled vesting event. And the filing went in the same day as the trade, well inside the standard two-business-day window, which is a deliberate choice about visibility.

The purchase lifts Khosrowshahi's holding to 1,367,100 shares, worth roughly $100 million at the closing price. He is not the only insider adding: chief operating officer Andrew Macdonald bought 70,000 shares for about $5.3 million between $75.23 and $76.85 on September 4, at prices above where the chief executive bought six days later.

The stock reaction was real and the attribution should be narrow. Uber closed at $72.56, up 2.1%, with a roughly 3% intraday move that began right after the filing hit at about 12:40pm Eastern. Sources that explain the move point to the insider purchase itself rather than to any operational development, so this is a signalling event rather than a news event.

On the autonomy framing that has attached itself to this story: the commentary tying the buy to self-driving optimism traces to an anonymous social-media post rather than to named analysts or a published research note, and neither cited document references any specific autonomous-vehicle development from that day. Two figures circulating alongside this story also need correcting. Uber's last reported monthly active platform consumer count is 208 million as of the second quarter of 2026, not the 215 million sometimes quoted, and the roughly 10 million figure describes active drivers and couriers, not vehicles. What to watch is whether either executive files again at higher prices, which is what would separate a considered accumulation from a one-off signal.