Form 4: Uber Executive Jill Hazelbaker Receives Equity Grant
Statement of Changes in Beneficial Ownership
Uber Technologies, Inc. President and Chief Corporate Affairs Officer Jill Hazelbaker was granted restricted stock units and stock options on May 11, 2026.
Summary
- Jill Hazelbaker, President and Chief Corporate Affairs Officer, received a grant of 16,855 restricted stock units (RSUs).
- The executive also received a grant of 38,273 stock options with an exercise price of $76.15.
- The grants were issued under the Uber 2019 Equity Incentive Plan.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine regulatory disclosure regarding executive compensation, which is neutral in terms of immediate market impact.
Positives
- Equity-based compensation aligns executive interests with long-term shareholder value creation.
Negatives
- The issuance of new equity awards results in potential dilution for existing shareholders.
Risks
- Market volatility could impact the future value of the granted stock options and RSUs.
Future Outlook
The grants are subject to multi-year vesting schedules, incentivizing long-term retention of the executive.
Management Comments
- The grants were issued pursuant to the company's 2019 Equity Incentive Plan.
Industry Context
StockSavvy.ai notes that equity grants for C-suite executives are standard practice in the technology sector to ensure leadership retention and alignment with corporate performance goals.
Comparison to Industry Standards
- The use of a 4-year vesting schedule for options and monthly vesting for RSUs is consistent with standard Silicon Valley compensation structures for senior executives.
Stakeholder Impact
- Shareholders may experience minor dilution from the issuance of these equity awards.
Next Steps
- Vesting of RSU portion beginning June 16, 2026.
- Vesting of stock option portion beginning May 16, 2027.
Key Dates
| Date | Description |
|---|---|
| 05/11/2026 | Date of grant for RSUs and stock options. |
| 06/16/2026 | Initial vesting date for the RSU grant. |
| 05/16/2027 | Initial vesting date for the stock option grant. |
| 05/11/2033 | Expiration date for the stock option grant. |
Keywords
Uber, UBER, Equity Incentive Plan, Insider Transaction, Form 4, Stock Options, Restricted Stock Units
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