Form 4: Uber CMO Jill Hazelbaker Executes RSU Vesting
Statement of Changes in Beneficial Ownership
Uber Technologies, Inc. Chief Marketing Officer Jill Hazelbaker reported the vesting and partial sale of restricted stock units on April 16, 2026.
Summary
- Jill Hazelbaker, Chief Marketing Officer and SVP of Public Affairs, acquired 8,809 shares of common stock through the vesting of restricted stock units (RSUs).
- A total of 4,455 shares were withheld by the company to satisfy tax obligations associated with the vesting event.
- The transactions occurred at a price of $76.48 per share for the tax withholding portion.
- Following these transactions, the reporting person maintains a direct beneficial ownership of 159,148 shares of common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it is a routine administrative disclosure of executive compensation rather than a strategic or operational update.
Positives
- The transaction reflects standard equity compensation vesting for a senior executive, indicating alignment with long-term incentive plans.
Negatives
- The filing indicates a reduction in total direct holdings due to tax withholding requirements.
Risks
- The executive's ownership stake is subject to market price fluctuations of Uber common stock.
Future Outlook
The filing does not provide forward-looking financial guidance, as it is a routine disclosure of executive equity transactions.
Management Comments
- No specific management commentary was provided in this regulatory filing.
Industry Context
StockSavvy.ai notes that this filing represents standard executive compensation activity within the technology sector, where RSU vesting is a common method for aligning leadership interests with shareholder value.
Comparison to Industry Standards
- The vesting schedule of 1/48 per month over four years is consistent with standard equity compensation practices for senior executives at large-cap technology firms like Alphabet, Meta, and Amazon.
Related Party Transactions
- 11,974 shares are held by the Franks 2021 Irrevocable Trust, for which beneficiaries are members of the reporting person's immediate family.
Stakeholder Impact
- Minimal impact on shareholders as the transaction is a routine equity compensation event.
Next Steps
- Continued monthly vesting of remaining RSU tranches as per the established 48-month schedules.
Key Dates
| Date | Description |
|---|---|
| 03/01/2023 | Grant date for RSU tranche |
| 03/01/2024 | Grant date for RSU tranche |
| 03/03/2025 | Grant date for RSU tranche |
| 03/02/2026 | Grant date for RSU tranche |
| 03/18/2026 | Grant date for RSU tranche |
| 04/16/2026 | Transaction date for RSU vesting and tax withholding |
| 04/20/2026 | Filing date of the Form 4 |
Keywords
Uber, UBER, Insider Trading, Form 4, Equity Compensation, Restricted Stock Units, Corporate Governance
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