Uber Insider Filing: Hazelbaker RSUs Vest, Shares Withheld at $97.83
Rhea-AI Filing Summary
Jill Hazelbaker, Chief Marketing Officer and SVP, Public Affairs at Uber Technologies, Inc. (UBER), reported multiple scheduled vesting events on September 16, 2025. The filing shows vesting and conversion of restricted stock units (RSUs) into common stock on a one-for-one basis, with several grant vintages delivering shares: 70,323 RSUs from 2025, 71,674 from 2024, 122,235 from 2023, and 129,056 from 2022 subject to monthly vesting schedules. On September 16, 2025, Hazelbaker acquired net shares from vesting (transaction code M) totaling multiple small increments (1,465; 1,493; 2,547; 2,689) and had shares withheld to satisfy tax obligations (transaction code F) at $97.83 per share in several amounts (734; 748; 1,326; 1,463). After these transactions, Hazelbaker beneficially owned reported totals shown in the filing, including shares held directly and 10,454 shares held indirectly in the Franks 2021 Irrevocable Trust for family members.
Positive
- Transparent reporting of RSU vesting across multiple grant years showing compliance with Section 16 disclosure requirements
- One-for-one conversion of RSUs into common stock is explicitly stated, clarifying share issuance mechanics
Negative
- None.
Insights
TL;DR: Routine executive RSU vesting and tax-withhold transactions; no corporate event or material change to control.
These Form 4 entries reflect scheduled vesting of multiple RSU grants and the customary withholding of shares to cover taxes. The transactions are coded as M (vesting) and F (shares withheld), with withholding prices of $97.83 per share. The filings show incremental increases in direct beneficial ownership from vested RSUs and an indirect holding of 10,454 shares via an irrevocable trust for family beneficiaries. This disclosure is procedural and does not indicate any change in corporate governance, new grants outside disclosed schedules, or large open-market trades.
TL;DR: Compliance filing documenting executive compensation vesting and tax-related share withholding; standard disclosure practice.
The Form 4 provides clear disclosure of RSU conversion mechanics (one-for-one) and vesting schedules tied to prior grant dates (March 2022, 2023, 2024, 2025). The presence of an indirect holding in a family trust is noted and appropriately reported. No departures, discretionary sales, or unusual derivative transactions are reported. From a governance perspective, the filing meets Section 16 reporting requirements and presents no immediate governance concerns.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,465 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,493 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,547 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,689 | $0.00 | -- |
| Exercise | Common Stock | 1,465 | $0.00 | -- |
| Exercise | Common Stock | 1,493 | $0.00 | -- |
| Exercise | Common Stock | 2,547 | $0.00 | -- |
| Exercise | Common Stock | 2,689 | $0.00 | -- |
| Tax Withholding | Common Stock | 734 | $97.83 | $72K |
| Tax Withholding | Common Stock | 748 | $97.83 | $73K |
| Tax Withholding | Common Stock | 1,326 | $97.83 | $130K |
| Tax Withholding | Common Stock | 1,463 | $97.83 | $143K |
| holding | Common Stock | -- | -- | -- |
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. Shares are held by the Franks 2021 Irrevocable Trust of which the beneficiaries are members of Ms. Hazelbaker's immediate family. The reporting person was granted 70,323 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 122,235 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 129,056 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.
