Form 4: Uber CMO's RSU Vesting and Tax Share Disposal

Uber's Chief Marketing Officer, Jill Hazelbaker, reported the vesting of Restricted Stock Units and the subsequent withholding of shares for tax obligations on December 16, 2025.

Summary

• Jill Hazelbaker, Uber's Chief Marketing Officer and SVP, Public Affairs, reported transactions related to her beneficial ownership.
• On December 16, 2025, a total of 8,194 Restricted Stock Units (RSUs) vested and converted into common stock.
• Concurrently, 4,258 shares of common stock were disposed of at a price of $80.92 per share to satisfy tax liabilities arising from the RSU vesting.
• Following these transactions, Ms. Hazelbaker directly beneficially owns 101,248 shares of Uber common stock.
• An additional 10,454 shares are indirectly beneficially owned through the Franks 2021 Irrevocable Trust, bringing total beneficial ownership to 111,702 shares.

Sentiment

Score: 5

Explanation: The filing reports routine, pre-scheduled executive compensation events (RSU vesting and tax-related share disposal) and does not contain information that would significantly alter the company's fundamental outlook or investor sentiment.

Positives

• Continued executive compensation through RSU vesting demonstrates ongoing alignment of management interests with shareholder value.
• The executive maintains a significant direct and indirect beneficial ownership stake in Uber Technologies, Inc.

Negatives

• The disposal of 4,258 shares, while for tax purposes, represents a reduction in the executive's direct shareholding.

Future Outlook

NA

Industry Context

This filing reflects a routine executive compensation event, where Restricted Stock Units (RSUs) vest and a portion of the shares are sold to cover tax obligations. This is a standard practice across publicly traded companies, particularly in the technology sector, to align executive incentives with long-term company performance.

Comparison to Industry Standards

• The RSU vesting and subsequent share withholding for tax purposes are standard compensation practices for executives in U.S. public companies, including peers like Lyft, DoorDash, and other major tech firms.
• The structure of monthly vesting over 48 months is a common long-term incentive design, similar to those seen at companies such as Google (Alphabet) or Meta Platforms, aiming to retain talent and encourage sustained performance.
• The reported share price of $80.92 for tax withholding is specific to Uber's stock performance on the transaction date and is not directly comparable to other companies' share prices, but the mechanism of withholding is universal.

Related Party Transactions

• Indirect beneficial ownership of 10,454 shares is held by the Franks 2021 Irrevocable Trust, whose beneficiaries are members of Ms. Hazelbaker's immediate family.

Stakeholder Impact

• Shareholders: Minor, routine dilution from RSU vesting is a standard part of compensation. The executive's continued significant ownership aligns interests.
• Employees: No direct impact on general employees.
• Customers/Suppliers/Creditors: No direct impact.

Key Dates

Keywords

Uber Technologies, UBER, Jill Hazelbaker, Form 4, Insider Trading, Restricted Stock Units, RSU Vesting, Executive Compensation, Share Ownership, Tax Withholding