Uber (UBER) executive reports RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Uber Technologies, Inc. officer Jill Hazelbaker reported compensation-related stock activity, not open-market trading. On June 16, 2026, she exercised restricted stock units that converted into 9,161 shares of common stock, consistent with their one-for-one RSU-to-share structure.
To cover tax obligations upon these RSU vestings, 4,630 shares of common stock were withheld at $73.25 per share, classified as tax-withholding dispositions rather than market sales. After these transactions, she directly held 164,450 shares of Uber common stock and indirectly held 11,974 shares through a family trust, along with 16,504 RSUs that remain outstanding and scheduled to vest over time under previously granted award agreements.
Positive
- None.
Negative
- None.
Insights
Routine RSU vesting with tax withholding; no open-market trading.
These Form 4 entries show Jill Hazelbaker receiving Uber equity as part of her compensation. She exercised restricted stock units that convert into common stock on a one-for-one basis, with a total of 9,161 shares underlying the vested RSUs.
The F-coded transactions represent 4,630 shares withheld at $73.25 per share to satisfy tax liabilities, a standard mechanism rather than discretionary selling. Afterward, she held 164,450 common shares directly, 11,974 shares indirectly via a family trust, and 16,504 RSUs still unvested. With no open-market buys or sells and ongoing multi-year monthly vesting schedules, this filing reflects routine equity compensation activity, so its investment impact appears neutral.
Insider Trade Summary
9,161 shares exercised/converted
Mixed
19 txns
Insider
Hazelbaker Jill
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 351 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,416 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,888 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,465 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,494 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,547 | $0.00 | -- |
| Exercise | Common Stock | 351 | $0.00 | -- |
| Exercise | Common Stock | 1,416 | $0.00 | -- |
| Exercise | Common Stock | 1,888 | $0.00 | -- |
| Exercise | Common Stock | 1,465 | $0.00 | -- |
| Exercise | Common Stock | 1,494 | $0.00 | -- |
| Exercise | Common Stock | 2,547 | $0.00 | -- |
| Tax Withholding | Common Stock | 176 | $73.25 | $13K |
| Tax Withholding | Common Stock | 710 | $73.25 | $52K |
| Tax Withholding | Common Stock | 946 | $73.25 | $69K |
| Tax Withholding | Common Stock | 734 | $73.25 | $54K |
| Tax Withholding | Common Stock | 749 | $73.25 | $55K |
| Tax Withholding | Common Stock | 1,315 | $73.25 | $96K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 16,504 shares (Direct, null);
Common Stock — 164,450 shares (Direct, null);
Common Stock — 11,974 shares (Indirect, Trust)
Footnotes (1)
- Restricted stock units (RSUs) convert into common stock on a one-for-one basis. The reporting person was granted 122,235 RSUs on March 1, 2023. The vesting schedule is as follows: 1/48 of the total RSUs vested on April 16, 2023 and 1/48 of the total RSUs vest each month thereafter. Upon vesting, the RSUs become payable in cash or common stock on a one-for-one basis at the election of the Issuer. Includes 596 shares acquired under Uber's 2019 Employee Stock Purchase Plan on May 20, 2026. Shares withheld to satisfy tax liability upon vesting of RSUs on June 16, 2026. Shares are held by the Franks 2021 Irrevocable Trust of which the beneficiaries are members of Ms. Hazelbaker's immediate family. The reporting person was granted 16,855 RSUs on May 11, 2026. The vesting schedule is as follows: 1/48 of the total RSUs vest on June 16, 2026 and 1/48 of the total RSUs vest each month thereafter. Upon vesting, the RSUs become payable in cash or common stock on a one-for-one basis at the election of the Issuer. The reporting person was granted 67,971 RSUs on March 18, 2026. The vesting schedule is as follows: 1/48 of the total RSUs vest on April 16, 2026, and 1/48 of the total RSUs vest each month thereafter. Upon vesting, the RSUs become payable in cash or common stock on a one-for-one basis at the election of the Issuer. The reporting person was granted 90,628 RSUs on March 2, 2026. The vesting schedule is as follows: 1/48 of the total RSUs vested on April 16, 2026, and 1/48 of the total RSUs vest each month thereafter. Upon vesting, the RSUs become payable in cash or common stock on a one-for-one basis at the election of the Issuer. The reporting person was granted 70,323 RSUs on March 3, 2025. The vesting schedule is as follows: 1/48 of the total RSUs vested on April 16, 2025 and 1/48 of the total RSUs vest each month thereafter. Upon vesting, the RSUs become payable in cash or common stock on a one-for-one basis at the election of the Issuer. The reporting person was granted 71,674 RSUs on March 1, 2024. The vesting schedule is as follows: 1/48 of the total RSUs vested on April 16, 2024 and 1/48 of the total RSUs vest each month thereafter. Upon vesting, the RSUs become payable in cash or common stock on a one-for-one basis at the election of the Issuer.
Key Figures
RSU shares vested: 9,161 shares
Shares withheld for taxes: 4,630 shares
Tax withholding price: $73.25 per share
+4 more
7 metrics
RSU shares vested
9,161 shares
Shares underlying RSUs exercised on June 16, 2026
Shares withheld for taxes
4,630 shares
Tax-withholding dispositions at $73.25 per share
Tax withholding price
$73.25 per share
Price used for F-code tax-withholding transactions
Direct common shares after transactions
164,450 shares
Direct Uber common stock holdings following June 16, 2026 activity
Indirect trust holdings
11,974 shares
Uber common shares held via the Franks 2021 Irrevocable Trust
Remaining RSUs
16,504 RSUs
Restricted stock units outstanding after the reported exercises
Large RSU grant
122,235 RSUs
RSUs granted on March 1, 2023 with monthly 1/48 vesting
Key Terms
Restricted stock units (RSUs), tax-withholding disposition, Employee Stock Purchase Plan, Irrevocable Trust, +1 more
5 terms
Restricted stock units (RSUs) financial
"Restricted stock units (RSUs) convert into common stock on a one-for-one basis."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Employee Stock Purchase Plan financial
"Includes 596 shares acquired under Uber's 2019 Employee Stock Purchase Plan on May 20, 2026."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Irrevocable Trust financial
"Shares are held by the Franks 2021 Irrevocable Trust of which the beneficiaries are members of Ms. Hazelbaker's immediate family."
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
vesting schedule financial
"The vesting schedule is as follows: 1/48 of the total RSUs vest each month thereafter."
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
FAQ
What did Uber (UBER) executive Jill Hazelbaker report in this Form 4?
Jill Hazelbaker reported RSU vesting and tax withholding, not open-market trading. On June 16, 2026, restricted stock units converted into common shares, and some shares were withheld to cover taxes, leaving her with increased direct and indirect Uber shareholdings plus remaining unvested RSUs.
What RSU grant schedules are described for Uber executive Jill Hazelbaker?
Footnotes describe several RSU grants, including 122,235 RSUs from March 1, 2023 and awards from March 3, 2025, March 1, 2024, March 2, 2026, and March 18, 2026. Each vests at 1/48 per month after an initial vesting date, payable in cash or stock.