Uber COO Andrew Macdonald Reports Multiple RSU Vesting Events
Rhea-AI Filing Summary
Andrew Macdonald, President and COO of Uber Technologies, reported multiple share changes tied to RSU vesting on 08/16/2025. Several tranches of restricted stock units (granted in 2022, 2023, 2024 and 2025) vested, converting into common stock on a one-for-one basis and increasing his reported beneficial ownership. Some vested shares were withheld to satisfy tax withholding at $92.60 per share, reducing the net shares delivered. After the transactions, reported beneficial ownership totals shown across entries range from 106,309 to 201,241 shares depending on the line item and award series. The form was signed by power of attorney on 08/19/2025.
Positive
- Executive ownership increased through one-for-one RSU vesting across multiple grant years, aligning management with shareholder interests
- Vesting schedule transparency provided: monthly 1/48 vesting for each grant year (2022-2025) with grant sizes disclosed in explanations
Negative
- Tax withholding reduced net shares delivered (withholding executed at $92.60 per share), lowering the immediate increase in free float held by the insider
Insights
TL;DR: Routine executive compensation vesting increased insider ownership; withholding for taxes lowered net receipt.
The Form 4 documents standard vesting activity from previously granted RSU awards across four grant years with one-for-one conversion to common stock. The transactions are administrative: multiple 'M' codes indicate vesting-based acquisitions and 'F' codes reflect shares withheld for tax obligations at $92.60 per share. Reported beneficial ownership levels vary by award series, consistent with layered vesting schedules. No sales for investment purposes or departures are shown.
TL;DR: Multiple monthly vesting installments executed; withholding reduced delivered shares but overall ownership rose.
The explanation clarifies monthly 1/48 vesting schedules for RSU grants from 2022 through 2025, with specific grant sizes noted. The entries quantify newly vested RSUs (e.g., 2,472; 2,520; 4,042; 3,840) and corresponding increases in beneficial ownership. Tax withholding entries use a consistent price of $92.60 and are documented as dispositions to satisfy tax liabilities rather than open-market sales. This is a routine compensation settlement rather than a liquidity event.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,472 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 2,520 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 4,042 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 3,840 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,472 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,520 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,042 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,840 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,731 | $92.60 | $160K |
| Exercise Price or Tax Liability | Common Stock | 1,787 | $92.60 | $165K |
| Exercise Price or Tax Liability | Common Stock | 2,881 | $92.60 | $267K |
| Exercise Price or Tax Liability | Common Stock | 2,820 | $92.60 | $261K |
Footnotes (6)
- 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 August 16, 2025.
- F3. The reporting person was granted 118,670 RSUs on March 3, 2025. 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.
- F4. The reporting person was granted 120,951 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.
- F5. The reporting person was granted 194,024 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.
- F6. The reporting person was granted 184,365 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.
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