UBER Insider Filing: Tony West Converts RSUs, Sells 3,125 Shares
Rhea-AI Filing Summary
Tony West, Chief Legal Officer and Corporate Secretary of Uber Technologies, reported multiple stock transactions tied to RSU vesting on 09/16/2025 and a sale on 09/18/2025. Several tranches of restricted stock units converted one-for-one into common stock, with shares withheld to satisfy tax liabilities at $97.83 per share for certain withholdings. A sale of 3,125 shares occurred on 09/18/2025 at $93.94 per share. The Form 4 shows the reporting person held 171,558 shares following these transactions. The filing notes that some transactions were executed under an existing Rule 10b5-1 trading plan adopted May 27, 2025.
Positive
- RSU vesting disclosed transparently with conversion one-for-one into common stock
- Use of a Rule 10b5-1 plan for the sale provides clarity on execution timing and intent
- Detailed vesting schedules for RSU grants from 2022–2025 are included
Negative
- Open-market sale of 3,125 shares at $93.94 reduced holdings to 171,558 shares
- Shares were withheld to satisfy taxes at $97.83 for certain vested RSUs, reducing net share receipt
Insights
TL;DR: Routine executive equity vesting with modest tax withholding and a small open-market sale; appears administrative rather than strategic.
The filing documents periodic vesting of multiple RSU grants from 2022–2025 converting to common stock on 09/16/2025 and share withholding to cover taxes at $97.83 per share. A subsequent sale of 3,125 shares at $93.94 on 09/18/2025 reduced holdings to 171,558 shares. Transactions marked with code M indicate issuer-provided awards vesting; the sale was conducted under a pre-established Rule 10b5-1 plan, which typically signals a pre-planned execution rather than opportunistic trading.
TL;DR: Disclosure aligns with standard insider reporting and governance practices; use of 10b5-1 plan noted.
The report includes clear explanations: RSUs vest monthly per stated schedules, shares were withheld to satisfy tax obligations, and a 10b5-1 plan dated May 27, 2025 governed at least one sale. The form is signed by power of attorney and identifies the reporting person’s role, supporting transparency for compliance with Section 16 reporting requirements.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,125 | $93.94 | $294K |
| Exercise | Restricted Stock Units | 1,282 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,493 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,911 | $0.00 | -- |
| Exercise | Restricted Stock Units | 3,073 | $0.00 | -- |
| Exercise | Common Stock | 1,282 | $0.00 | -- |
| Exercise | Common Stock | 1,493 | $0.00 | -- |
| Exercise | Common Stock | 2,911 | $0.00 | -- |
| Exercise | Common Stock | 3,073 | $0.00 | -- |
| Tax Withholding | Common Stock | 636 | $97.83 | $62K |
| Tax Withholding | Common Stock | 741 | $97.83 | $72K |
| Tax Withholding | Common Stock | 1,444 | $97.83 | $141K |
| Tax Withholding | Common Stock | 1,524 | $97.83 | $149K |
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 September 16, 2025. This transaction was made pursuant to Mr. West's existing Rule 10b5-1 plan, adopted on May 27, 2025. The reporting person was granted 61,533 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. The reporting person was granted 71,674 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 139,697 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 147,492 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.
