Uber officer reports RSU vesting, tax withholding
Uber Technologies, Inc. officer Glen Ceremony reported routine equity compensation activity involving restricted stock units (RSUs).
Rhea-AI Filing Summary
Uber Technologies, Inc. officer Glen Ceremony reported routine equity compensation activity involving restricted stock units (RSUs). On May 16, 2026, RSUs converted into 6,604 shares of common stock, reflecting multiple derivative exercises coded “M”.
To cover related tax obligations at $75.09 per share, Ceremony had 3,278 shares withheld by the company under code “F”, a tax-withholding disposition rather than an open-market sale. After these transactions, he continued to hold a substantial direct common stock position, and several large RSU grants from 2023–2026 remain subject to ongoing vesting schedules.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,604 shares exercised/converted
Exercise
15 txns
Insider
Ceremony Glen
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 708 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 2,994 | $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 | 1,516 | $0.00 | $0.00 |
| Exercise | Common Stock | 708 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,994 | $0.00 | $0.00 |
| Exercise | Common Stock | 686 | $0.00 | $0.00 |
| Exercise | Common Stock | 700 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,516 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 352 | $75.09 | $26K |
| Exercise Price or Tax Liability | Common Stock | 1,485 | $75.09 | $112K |
| Exercise Price or Tax Liability | Common Stock | 341 | $75.09 | $26K |
| Exercise Price or Tax Liability | Common Stock | 348 | $75.09 | $26K |
| Exercise Price or Tax Liability | Common Stock | 752 | $75.09 | $56K |
Holdings After Transaction:
Restricted Stock Units — 107,434 contracts (Direct);
Common Stock — 259,060 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 May 16, 2026.
- F3. The reporting person was granted 33,985 RSUs on March 2, 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 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.
- F4. 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.
- F5. 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.
- F6. 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.
- F7. 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 shares: 6,604 shares
Shares withheld for taxes: 3,278 shares at $75.09/share
RSU grant size: 33,985 RSUs
+4 more
7 metrics
RSUs converted to shares
6,604 shares
Total derivative exercises (code M) on May 16, 2026
Shares withheld for taxes
3,278 shares at $75.09/share
Tax-withholding dispositions (code F) on May 16, 2026
RSU grant size
33,985 RSUs
Grant dated March 2, 2026 with monthly vesting after April 16, 2026
RSU grant size
23,952 RSUs
Grant dated February 17, 2026 with quarterly vesting after May 16, 2026
RSU grant size
32,964 RSUs
Grant dated March 3, 2025 with monthly vesting after April 16, 2025
RSU grant size
33,597 RSUs
Grant dated March 1, 2024 with monthly vesting after April 16, 2024
RSU grant size
72,759 RSUs
Grant dated March 1, 2023 with monthly vesting after April 16, 2023
Key Terms
Restricted stock units ("RSUs"), tax liability, vesting schedule, one-for-one basis, +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 company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
tax liability financial
"Shares withheld to satisfy tax liability upon vesting of RSUs on May 16, 2026."
vesting schedule financial
"The vesting schedule is as follows: 1/48 of the total RSUs vest 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."
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion","transaction_code_description": "Exercise or conversion of derivative security""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Uber (UBER) officer Glen Ceremony report in this Form 4?
Glen Ceremony reported routine equity compensation activity tied to RSU vesting. Several restricted stock unit awards converted into Uber common stock, and some shares were withheld to satisfy tax obligations. No open-market purchases or sales were reported in this filing.
What RSU grants to Glen Ceremony does Uber disclose and how do they vest?
Uber discloses several RSU grants to Ceremony from 2023 through 2026. Awards of 72,759; 33,597; 32,964; 33,985; and 23,952 RSUs vest monthly or quarterly over multi-year schedules, with each vested unit payable in cash or common stock on a one-for-one basis.
How are Uber RSUs for Glen Ceremony settled once they vest?
Vested RSUs are settled on a one-for-one basis into cash or stock. Footnotes explain that, upon vesting, each RSU becomes payable in either cash or Uber common stock, at the issuer’s election, using a one-for-one conversion ratio between RSUs and underlying shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
