Uber's Chief Accounting Officer Reports Major RSU Vesting Event
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Uber Technologies Chief Accounting Officer and Global Corporate Controller Glen Ceremony reported multiple transactions involving Restricted Stock Units (RSUs) on June 16, 2025. The transactions included:
- Acquisition of 9,345 shares through RSU conversions from various grant dates
- Disposition of 4,636 shares at $85.12 per share for tax withholding
- Net beneficial ownership of 230,540 shares following all transactions
The executive holds multiple RSU grants with different vesting schedules, including grants from March 2022 through March 2025. The largest outstanding grants include 32,964 RSUs from March 2025 and 72,759 RSUs from March 2023, both vesting monthly over 48 months. All RSUs convert to common stock on a one-for-one basis at the issuer's election.
Positive
- None.
Negative
- None.
Insider Trade Summary
9,345 shares exercised/converted
Mixed
15 txns
Insider
Ceremony Glen
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 686 | $0.00 | -- |
| Exercise | Restricted Stock Units | 700 | $0.00 | -- |
| Exercise | Restricted Stock Units | 5,002 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,516 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,441 | $0.00 | -- |
| Exercise | Common Stock | 686 | $0.00 | -- |
| Exercise | Common Stock | 700 | $0.00 | -- |
| Exercise | Common Stock | 5,002 | $0.00 | -- |
| Exercise | Common Stock | 1,516 | $0.00 | -- |
| Exercise | Common Stock | 1,441 | $0.00 | -- |
| Tax Withholding | Common Stock | 341 | $85.12 | $29K |
| Tax Withholding | Common Stock | 348 | $85.12 | $30K |
| Tax Withholding | Common Stock | 2,480 | $85.12 | $211K |
| Tax Withholding | Common Stock | 752 | $85.12 | $64K |
| Tax Withholding | Common Stock | 715 | $85.12 | $61K |
Holdings After Transaction:
Restricted Stock Units — 30,904 shares (Direct);
Common Stock — 226,517 shares (Direct)
Footnotes (1)
- Restricted stock units (RSUs) convert into common stock on a one-for-one basis. Shares withheld to satisfy tax liability upon vesting of RSUs on June 16, 2025. Includes 391 shares acquired under Uber's 2019 Employee Stock Purchase Plan on May 20, 2025. The reporting person was granted 32,964 restricted stock units (RSUs) on March 3, 2025 pursuant to Uber's 2019 Equity Incentive Plan. The vesting schedule is as follows: 1/48 of the total RSUs vest 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 33,597 RSUs on March 1, 2024. The vesting schedule is as follows: 1/48 of the total RSUs vest 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. The reporting person was granted 33,348 RSUs on October 30, 2023. The vesting schedule is as follows: 1/10 of the total RSUs vested on December 16, 2023, 1/10 of the total RSUs will vest each quarter thereafter for 9 months, and 3/20 of the total number of RSUs will vest quarterly for the 12 months 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 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. 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
What position does Glen Ceremony hold at UBER?
Glen Ceremony serves as UBER's Chief Accounting Officer and Global Corporate Controller, as indicated in the Remarks section of the Form 4 filing.
How many UBER restricted stock units (RSUs) did Glen Ceremony receive in March 2025?
Glen Ceremony was granted 32,964 restricted stock units (RSUs) on March 3, 2025, under Uber's 2019 Equity Incentive Plan. These RSUs vest monthly with 1/48 of the total RSUs vesting each month starting April 16, 2025.
How many different RSU grants does Glen Ceremony currently hold at UBER?
According to the filing, Glen Ceremony holds RSUs from five different grants: March 2025 (32,964 RSUs), March 2024 (33,597 RSUs), October 2023 (33,348 RSUs), March 2023 (72,759 RSUs), and March 2022 (69,137 RSUs), each with their own vesting schedules.