Uber (NYSE: UBER) executive converts RSUs, covers taxes in shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Uber Technologies, Inc. executive Ceremony Glen reported routine equity compensation activity involving restricted stock units (RSUs). On April 16, 2026, RSUs vested and converted into a total of 3,611 shares of common stock, based on multiple M-code derivative exercises.
To cover tax obligations on this vesting, 1,793 common shares were disposed of through F-code tax-withholding transactions at a reference price of $76.48 per share, with no open-market buying or selling. Footnotes explain that RSUs convert into common stock on a one-for-one basis and vest monthly under several multi-year grant schedules.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,611 shares exercised/converted
Mixed
12 txns
Insider
Ceremony Glen
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 708 | $0.00 | -- |
| Exercise | Restricted Stock Units | 687 | $0.00 | -- |
| Exercise | Restricted Stock Units | 700 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,516 | $0.00 | -- |
| Exercise | Common Stock | 708 | $0.00 | -- |
| Exercise | Common Stock | 687 | $0.00 | -- |
| Exercise | Common Stock | 700 | $0.00 | -- |
| Exercise | Common Stock | 1,516 | $0.00 | -- |
| Tax Withholding | Common Stock | 352 | $76.48 | $27K |
| Tax Withholding | Common Stock | 341 | $76.48 | $26K |
| Tax Withholding | Common Stock | 348 | $76.48 | $27K |
| Tax Withholding | Common Stock | 752 | $76.48 | $58K |
Holdings After Transaction:
Restricted Stock Units — 33,277 shares (Direct, null);
Common Stock — 254,624 shares (Direct, null)
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 April 16, 2026. The reporting person was granted 33,985 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 will vest monthly 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 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. 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. 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.
Key Figures
RSUs converted to common stock: 3,611 shares
Shares withheld for taxes: 1,793 shares
Reference share price for withholding: $76.48 per share
+4 more
7 metrics
RSUs converted to common stock
3,611 shares
Derivative exercises (M-code) on April 16, 2026
Shares withheld for taxes
1,793 shares
F-code tax-withholding dispositions on April 16, 2026
Reference share price for withholding
$76.48 per share
Used in tax-withholding transactions on April 16, 2026
RSU grant on March 2, 2026
33,985 RSUs
Vests 1/48 starting April 16, 2026, then monthly
RSU grant on March 3, 2025
32,964 RSUs
Vests 1/48 starting April 16, 2025, then monthly
RSU grant on March 1, 2024
33,597 RSUs
Vests 1/48 starting April 16, 2024, then monthly
RSU grant on March 1, 2023
72,759 RSUs
Vests 1/48 starting April 16, 2023, then monthly
Key Terms
Restricted stock units (RSUs), tax-withholding disposition, derivative exercise/conversion, vesting schedule, +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
"Payment of exercise price or tax liability by delivering securities"
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.
derivative exercise/conversion financial
"Exercise or conversion of derivative security"
vesting schedule financial
"The vesting schedule is as follows: 1/48 of the total RSUs vested on April 16, 2026, and 1/48 of the total RSUs will vest monthly 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.
one-for-one basis financial
"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 did Uber (UBER) insider Ceremony Glen report in this Form 4?
Ceremony Glen reported RSU vesting and related share movements. On April 16, 2026, 3,611 restricted stock units converted into Uber common stock, and 1,793 shares were withheld to satisfy tax liabilities, with no open-market purchases or sales disclosed.
How many Uber (UBER) RSUs vested and converted to common stock?
A total of 3,611 restricted stock units vested and converted to Uber common stock on April 16, 2026. Each RSU converts into one share on a one-for-one basis, as described in the footnotes accompanying the Form 4 transactions.
What do the RSU grant footnotes for Uber (UBER) indicate about vesting?
Footnotes describe several RSU grants, including 33,985 RSUs granted March 2, 2026 and 72,759 RSUs granted March 1, 2023. For each grant, 1/48 vests starting the following April 16, then 1/48 vests monthly, payable in cash or common stock at Uber’s election.