Uber officer granted RSUs, withholds shares for tax
Uber Technologies, Inc officer Glen Ceremony reported equity awards and related share transactions.
Rhea-AI Filing Summary
Uber Technologies, Inc officer Glen Ceremony reported equity awards and related share transactions. He received a grant of 23,952 restricted stock units (RSUs) on February 17, 2026, which vest in eighths starting May 16, 2026 and then quarterly.
RSUs convert into common stock on a one-for-one basis and are payable in cash or stock at Uber’s election. On February 16, 2026, multiple RSU tranches vested and were converted into common shares, and some common shares were withheld at $69.99 per share to cover tax liabilities.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,342 shares exercised/converted
Exercise
13 txns
Insider
Ceremony Glen
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 23,952 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 686 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 700 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,515 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,441 | $0.00 | $0.00 |
| Exercise | Common Stock | 686 | $0.00 | $0.00 |
| Exercise | Common Stock | 700 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,515 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,441 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 238 | $69.99 | $17K |
| Exercise Price or Tax Liability | Common Stock | 243 | $69.99 | $17K |
| Exercise Price or Tax Liability | Common Stock | 499 | $69.99 | $35K |
| Exercise Price or Tax Liability | Common Stock | 524 | $69.99 | $37K |
Holdings After Transaction:
Restricted Stock Units — 88,006 contracts (Direct);
Common Stock — 251,728 shares (Direct)
Footnotes (7)
- F1. Restricted stock units (RSUs) convert into common stock on a one-for-one basis.
- F2. Shares withheld to satisfy tax liability upon vesting of RSUs on February 16, 2026.
- F3. The reporting person was granted 23,952 RSUs on February 17, 2026. The vesting schedule is as follows: 1/8 of the total RSUs vest on May 16, 2026, and 1/8 of the total RSUs will vest each quarter thereafter. Upon vesting, the RSUs become payable in cash or common stock on a one-for-one basis at the election of the Issuer.
- F4. The reporting person was granted 32,964 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.
- F5. The reporting person was granted 33,597 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.
- F6. The reporting person was granted 72,759 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.
- F7. The reporting person was granted 69,137 RSUs on March 1, 2022. The vesting schedule is as follows: 1/48 of the total RSUs vested on April 16, 2022 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Glen Ceremony report in the latest Uber (UBER) Form 4 filing?
Glen Ceremony reported new equity awards and related share settlements. He received 23,952 restricted stock units and had several RSU tranches vest and convert into Uber common stock, with a portion of shares withheld to satisfy tax liabilities at $69.99 per share.
How many restricted stock units did Uber grant to Glen Ceremony?
Uber granted Glen Ceremony 23,952 restricted stock units. One-eighth of these RSUs vests on May 16, 2026, with additional one-eighth portions vesting each quarter thereafter. Upon vesting, each unit is payable one-for-one in cash or common stock at Uber’s election.
How do Glen Ceremony’s Uber RSUs convert into common stock?
Each restricted stock unit converts into one share of Uber common stock. When RSUs vest, they become payable either in cash or in common shares on a one-for-one basis, at the company’s election, according to the vesting terms disclosed for Ceremony’s grants.
What is the vesting schedule for Glen Ceremony’s February 2026 Uber RSU grant?
The 23,952 RSUs granted in February 2026 vest over eight quarterly installments. One-eighth vests on May 16, 2026, and an additional one-eighth vests on each subsequent quarter date, subject to the terms of the award, with settlement in cash or stock at Uber’s choice.
What earlier Uber RSU grants to Glen Ceremony are mentioned in the Form 4?
The filing references RSU grants from 2022, 2023, 2024, and 2025. Each grant vests monthly after an initial vesting date, with 1/48 of the total units vesting each month, and vested RSUs payable in cash or common stock on a one-for-one basis at Uber’s election.
AI-generated analysis. How Rhea-AI works. Not financial advice.
