Uber (NYSE: UBER) executive reports RSU vesting and shares withheld for taxes
Rhea-AI Filing Summary
Uber Technologies, Inc. executive Jill Hazelbaker reported routine equity compensation activity involving restricted stock units (RSUs) and related tax withholding. On May 16, 2026, RSUs converted into 8,808 shares of common stock on a one-for-one basis, reflecting scheduled vesting under prior grants.
To cover tax liabilities on this vesting, 4,453 common shares were withheld at a price of $75.09 per share rather than sold in the open market. After these transactions, Hazelbaker directly holds 160,564 shares of Uber common stock and indirectly holds 11,974 shares through the Franks 2021 Irrevocable Trust for the benefit of her immediate family, along with 65,139 RSUs that remain outstanding and subject to future vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,355 shares
Net Buy
16 txns
Insider
Hazelbaker Jill
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,416 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,888 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,465 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,493 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 2,546 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,416 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,888 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,465 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,493 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,546 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 710 | $75.09 | $53K |
| Exercise Price or Tax Liability | Common Stock | 946 | $75.09 | $71K |
| Exercise Price or Tax Liability | Common Stock | 734 | $75.09 | $55K |
| Exercise Price or Tax Liability | Common Stock | 748 | $75.09 | $56K |
| Exercise Price or Tax Liability | Common Stock | 1,315 | $75.09 | $99K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 260,120 shares (Direct);
Common Stock — 163,503 shares (Direct);
Common Stock — 11,974 shares (Indirect, Trust)
Footnotes (8)
- 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 restricted stock units on May 16, 2026.
- F3. Shares are held by the Franks 2021 Irrevocable Trust of which the beneficiaries are members of Ms. Hazelbaker's immediate family.
- F4. The reporting person was granted 67,971 RSUs on March 18, 2026. The vesting schedule is as follows: 1/48 of the total RSUs vest on April 16, 2026, 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 90,628 RSUs on March 2, 2026. The vesting schedule is as follows: 1/48 of the total RSUs vested on April 16, 2026, 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 70,323 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.
- F7. The reporting person was granted 71,674 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.
- F8. 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.
Key Figures
RSUs vested into common stock: 8,808 shares
Shares withheld for taxes: 4,453 shares
Tax-withholding price: $75.09 per share
+5 more
8 metrics
RSUs vested into common stock
8,808 shares
RSUs converted to Uber common stock on May 16, 2026
Shares withheld for taxes
4,453 shares
Tax-withholding dispositions at $75.09 per share
Tax-withholding price
$75.09 per share
Price used for F-code tax-withholding transactions
Direct common shares after transactions
160,564 shares
Jill Hazelbaker direct Uber common stock holdings
Indirect common shares via trust
11,974 shares
Held by Franks 2021 Irrevocable Trust for family beneficiaries
Outstanding RSUs after vesting
65,139 units
Remaining restricted stock units subject to future vesting
RSU grant March 18, 2026
67,971 units
Grant with 1/48 monthly vesting from April 16, 2026
RSU grant March 2, 2026
90,628 units
Grant with 1/48 monthly vesting from April 16, 2026
Key Terms
Restricted stock units ("RSUs"), tax liability, Irrevocable Trust, vesting schedule, +1 more
5 terms
Restricted stock units ("RSUs") financial
"Restricted stock units ("RSUs") convert into common stock on a one-for-one basis."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
tax liability financial
"Shares withheld to satisfy tax liability upon vesting of restricted stock units on May 16, 2026."
Irrevocable Trust financial
"Shares are held by the Franks 2021 Irrevocable Trust of which the beneficiaries are members of Ms. Hazelbaker's immediate family."
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
vesting schedule financial
"The vesting schedule is as follows: 1/48 of the total RSUs vest on April 16, 2026, and 1/48 of the total RSUs vest each month thereafter."
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
one-for-one basis financial
"Upon vesting, the RSUs become payable in cash or common stock on a one-for-one basis at the election of the Issuer."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Uber (UBER) executive Jill Hazelbaker report in this Form 4?
Jill Hazelbaker reported RSUs vesting into common stock and related tax withholding. On May 16, 2026, 8,808 RSUs converted into Uber common shares, and some of those shares were withheld to satisfy tax obligations tied to the vesting event.
How many Uber (UBER) restricted stock units does Jill Hazelbaker still hold?
Following the vesting on May 16, 2026, Jill Hazelbaker continues to hold 65,139 restricted stock units. These RSUs were granted under several awards with monthly vesting schedules, and each vested unit becomes payable in cash or common stock at Uber’s election.
Is Jill Hazelbaker’s Form 4 for Uber (UBER) an open-market stock sale?
The Form 4 reflects RSU vesting and tax withholding, not open-market selling. Code F transactions are described as payment of tax liability by delivering securities, meaning the withheld 4,453 shares were used to cover taxes on the compensation-related vesting.