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
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Negative
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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 | $0.00 |
| Exercise | Restricted Stock Units | 700 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,516 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,441 | $0.00 | $0.00 |
| Exercise | Common Stock | 687 | $0.00 | $0.00 |
| Exercise | Common Stock | 700 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,516 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,441 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 341 | $92.60 | $32K |
| Exercise Price or Tax Liability | Common Stock | 348 | $92.60 | $32K |
| Exercise Price or Tax Liability | Common Stock | 752 | $92.60 | $70K |
| Exercise Price or Tax Liability | Common Stock | 715 | $92.60 | $66K |
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 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.
- F4. 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.
- F5. 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.
- F6. 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.
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