Uber CFO Controller RSUs Vest; Share Withholding Reported at $92.60
Rhea-AI Filing Summary
Glen Ceremony, Chief Accounting Officer and Global Corporate Controller of Uber Technologies, Inc. (UBER) reported multiple vesting and associated share-withholding transactions on 08/16/2025. Several tranches of restricted stock units (RSUs) converted into common stock on a one-for-one basis, increasing his beneficial ownership to a reported 237,072 shares before withholding adjustments. The filing shows shares were withheld to satisfy tax liabilities related to RSU vesting, with four withholding disposals executed at $92.60 per share. The report was signed by power of attorney on 08/19/2025 and discloses the original grant schedules for RSUs awarded in 2022, 2023, 2024 and 2025, each vesting monthly under 1/48 schedules.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine RSU vesting with tax withholding; no material change to control or extraordinary insider selling.
The Form 4 documents periodic vesting of multiple RSU grants and corresponding share withholding to cover tax obligations. Disposals recorded at $92.60 per share represent tax-withholding mechanics rather than open-market liquidity-driven sales. Beneficial ownership post-transactions remains in the low hundreds of thousands of shares, consistent with executive compensation vesting schedules. This disclosure is standard and provides transparency on compensation-related equity changes.
TL;DR: Disclosure aligns with Section 16 reporting standards; transactions appear procedural and schedule-driven.
The filing clearly itemizes the underlying RSU grant vintages and vesting schedules (1/48 monthly), and it reports withholding transactions used to satisfy tax liabilities. The use of a power of attorney signature is permissible and noted. From a governance perspective, these are routine compliance disclosures demonstrating adherence to reporting requirements for insider equity events.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 687 | $0.00 | -- |
| Exercise | Restricted Stock Units | 700 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,516 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,441 | $0.00 | -- |
| Exercise | Common Stock | 687 | $0.00 | -- |
| Exercise | Common Stock | 700 | $0.00 | -- |
| Exercise | Common Stock | 1,516 | $0.00 | -- |
| Exercise | Common Stock | 1,441 | $0.00 | -- |
| Tax Withholding | Common Stock | 341 | $92.60 | $32K |
| Tax Withholding | Common Stock | 348 | $92.60 | $32K |
| Tax Withholding | Common Stock | 752 | $92.60 | $70K |
| Tax Withholding | Common Stock | 715 | $92.60 | $66K |
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 August 16, 2025. The reporting person was granted 32,964 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 33,597 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 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.
