Uber (NYSE: UBER) officer nets shares after 4,342 RSUs vest
Rhea-AI Filing Summary
Uber Technologies, Inc. officer Ceremony Glen reported routine equity compensation activity involving restricted stock units (RSUs) that vested into common stock. On March 16, 2026, 4,342 RSUs converted into an equal number of Uber common shares at a stated conversion price of $0.00 per share.
To cover tax obligations upon vesting, 2,154 common shares were withheld at a price of $74.66 per share, classified as tax-withholding dispositions rather than market sales. After these transactions, Glen directly held 253,916 shares of Uber common stock. Footnotes explain that these RSUs come from multi-year grants that vest monthly and are settled in cash or stock at Uber’s election on a one-for-one basis.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 687 | $0.00 | -- |
| Exercise | Restricted Stock Units | 699 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,516 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,440 | $0.00 | -- |
| Exercise | Common Stock | 687 | $0.00 | -- |
| Exercise | Common Stock | 699 | $0.00 | -- |
| Exercise | Common Stock | 1,516 | $0.00 | -- |
| Exercise | Common Stock | 1,440 | $0.00 | -- |
| Tax Withholding | Common Stock | 341 | $74.66 | $25K |
| Tax Withholding | Common Stock | 347 | $74.66 | $26K |
| Tax Withholding | Common Stock | 752 | $74.66 | $56K |
| Tax Withholding | Common Stock | 714 | $74.66 | $53K |
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 March 16, 2026. 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. 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 did Ceremony Glen report in the latest Uber (UBER) Form 4 filing?
Ceremony Glen reported routine vesting of RSU awards that converted into Uber common stock. The filing shows 4,342 RSUs converting to shares and related tax-withholding transactions, reflecting standard equity compensation rather than open-market buying or selling activity.
How do Ceremony Glen’s Uber RSUs vest according to the Form 4 footnotes?
The footnotes state multiple RSU grants with the same schedule: 1/48 of each grant vested on an initial April 16 date, and 1/48 vests monthly thereafter. Upon vesting, each RSU is payable one-for-one in cash or common stock at Uber’s election.
Were Ceremony Glen’s Uber Form 4 transactions open-market purchases or sales?
No open-market trades are reported. The filing only shows RSU conversions into common stock and share dispositions classified as tax withholding. These are compensation-related events and tax payments, not discretionary buying or selling in the market.