Uber Form 4: CMO Hazelbaker disposes 31,250 shares, retains ~97k total
Rhea-AI Filing Summary
Jill Hazelbaker, Chief Marketing Officer and SVP, Public Affairs at Uber Technologies, Inc. (UBER), reported an open-market sale of common stock on 08/22/2025. The Form 4 shows Ms. Hazelbaker disposed of 31,250 shares at a weighted-average price of $96.4199, with individual sale prices ranging from $96.25 to $96.535. After the sale she beneficially owned 86,531 shares directly and an additional 10,454 shares indirectly through the Franks 2021 Irrevocable Trust, which holds shares for her immediate family.
Positive
- Continued ownership: Reporting person retains 86,531 shares directly and 10,454 shares indirectly, showing ongoing economic stake.
- Transparent disclosure: Filing provides a weighted-average sale price and offers to provide per-transaction pricing details on request.
Negative
- Insider sale: Disposition of 31,250 shares on 08/22/2025 at a weighted-average price of $96.4199 reduces the officer's direct holdings.
- Use of power of attorney: Form was signed by a POA on behalf of the reporting person, which may warrant review by stakeholders seeking direct signature.
Insights
TL;DR: Insider sold a modest block of shares; materiality appears limited given remaining ownership size.
The filing documents a single disposition of 31,250 common shares by a named executive at a weighted-average price of $96.4199. The sale was executed in multiple transactions across a narrow price range; the filer offers to supply detailed per-transaction pricing on request. Following the sale, the reporting person retains 86,531 shares directly and 10,454 indirectly, indicating continued economic exposure to the issuer. From a market-impact perspective, this transaction is routine insider liquidity rather than a corporate action or new information about operations or guidance.
TL;DR: Transaction is a straightforward disclosure of an executive sale and trust-held family holdings; governance flags are minimal.
The Form 4 identifies the reporting person as an officer and discloses both direct and indirect holdings, including shares held in an irrevocable family trust. The reporting and signature follow SEC filing conventions; a power of attorney signed on 08/26/2025 is provided. There is no indication of Rule 10b5-1 plan usage in the text, and no amendments or unusual transaction codes beyond a standard sale. Governance implications are limited to routine transparency requirements being met.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 31,250 | $96.4199 | $3.01M |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $96.2500 to $96.5350, inclusive. The reporting person undertakes to provide to Uber Technologies, Inc., any security holder of Uber Technologies, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
- F2. Shares are held by the Franks 2021 Irrevocable Trust of which the beneficiaries are members of Ms. Hazelbaker's immediate family.
AI-generated analysis. How Rhea-AI works. Not financial advice.