Uber (NYSE: UBER) exec Macdonald logs RSU grant and tax withholdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Uber Technologies, Inc. executive Andrew Macdonald reported a new equity award and routine equity vesting activity. He was credited with 140,574 restricted stock units (RSUs), which convert into common stock on a one-for-one basis after performance and time-based conditions are met.
On February 16, 2026, multiple RSU tranches vested and were converted into a total of 12,875 shares of Uber common stock at no exercise price. To cover associated tax liabilities, 7,197 shares were automatically withheld at a price of $69.99 per share rather than sold in the open market.
After these grant, conversion, and tax-withholding transactions, Macdonald directly owned 267,726 shares of Uber common stock, reflecting his updated equity stake in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
12,875 shares exercised/converted
Mixed
13 txns
Insider
Macdonald Andrew
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 140,574 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,472 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,520 | $0.00 | -- |
| Exercise | Restricted Stock Units | 4,042 | $0.00 | -- |
| Exercise | Restricted Stock Units | 3,841 | $0.00 | -- |
| Exercise | Common Stock | 2,472 | $0.00 | -- |
| Exercise | Common Stock | 2,520 | $0.00 | -- |
| Exercise | Common Stock | 4,042 | $0.00 | -- |
| Exercise | Common Stock | 3,841 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,382 | $69.99 | $97K |
| Tax Withholding | Common Stock | 1,409 | $69.99 | $99K |
| Tax Withholding | Common Stock | 2,259 | $69.99 | $158K |
| Tax Withholding | Common Stock | 2,147 | $69.99 | $150K |
Holdings After Transaction:
Restricted Stock Units — 140,574 shares (Direct);
Common Stock — 264,520 shares (Direct)
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 February 16, 2026. The reporting person was granted 118,670 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 120,951 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 194,024 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 184,365 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. Consists of 140,574 RSUs granted to the reporting person on March 1, 2023 pursuant to Uber's 2019 Equity Incentive Plan, for which certain performance conditions have been satisfied and for which the time-based condition will be satisfied on March 16, 2026. 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 Uber (UBER) executive Andrew Macdonald report in this Form 4 filing?
Andrew Macdonald reported a new grant of 140,574 restricted stock units and several RSU vesting events that converted into Uber common stock. The filing also shows automatic share withholdings used to satisfy tax obligations tied to those vestings.
How many RSUs did Andrew Macdonald receive from Uber (UBER)?
He was credited with 140,574 restricted stock units, which each convert into one share of Uber common stock once performance and time-based vesting conditions are satisfied. The RSUs are issuable in cash or stock at Uber’s election on vesting.
How do Uber (UBER) RSUs in this filing vest and settle for Andrew Macdonald?
The RSUs vest in monthly installments, with 1/48 of each grant vesting after an initial cliff date and 1/48 each month thereafter. Upon vesting, they are payable on a one-for-one basis in either cash or Uber common stock, at the issuer’s election.