Form 4: Uber Executive Jill Hazelbaker Reports Routine Stock Transactions Following RSU Vesting

Sentiment:

Insider Transaction Report


Uber Technologies, Inc. Chief Marketing Officer and SVP, Public Affairs, Jill Hazelbaker, reported the acquisition of common stock through Restricted Stock Unit (RSU) vesting and subsequent sale of shares for tax withholding on June 16, 2025.

Summary

  • Jill Hazelbaker, Chief Marketing Officer and SVP, Public Affairs at Uber Technologies, Inc., reported transactions involving Uber common stock on June 16, 2025.
  • She acquired a total of 8,193 shares of common stock through the vesting of Restricted Stock Units (RSUs) from four different grants.
  • Concurrently, 4,284 shares were disposed of at a price of $85.12 per share to satisfy tax liabilities associated with the RSU vesting.
  • Following these transactions, Ms. Hazelbaker directly beneficially owns 109,948 shares of Uber common stock.
  • Additionally, 10,454 shares are indirectly owned through the Franks 2021 Irrevocable Trust, bringing her total beneficial ownership to 120,402 shares.
  • She also holds 192,880 unvested Restricted Stock Units across four grants from 2022, 2023, 2024, and 2025, which vest monthly.

Sentiment

Score: 5

Explanation: The document is a routine SEC Form 4 filing reporting insider transactions related to executive compensation (RSU vesting and tax withholding). It does not contain information that would typically alter market sentiment significantly, as these are expected, pre-scheduled events.

Positives

  • Acquisition of 8,193 shares of common stock through the vesting of Restricted Stock Units, increasing direct beneficial ownership.
  • Continued long-term incentive alignment with company performance through ongoing RSU vesting schedule.

Negatives

  • Disposition of 4,284 shares of common stock at $85.12 per share to cover tax obligations, reducing the net shares acquired from vesting.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

  • Shares are indirectly held by the Franks 2021 Irrevocable Trust, of which the beneficiaries are members of Ms. Hazelbaker's immediate family. This constitutes a related party holding.

Stakeholder Impact

  • Shareholders: Minor impact as these are routine executive compensation transactions, not indicative of significant strategic shifts or financial performance changes. The net increase in direct beneficial ownership by an executive could be seen as a positive signal of alignment.
  • Employees: No direct impact mentioned.
  • Customers: No direct impact mentioned.
  • Suppliers: No direct impact mentioned.
  • Creditors: No direct impact mentioned.

Key Dates

DateDescription
2022-03-01Grant date for 129,056 Restricted Stock Units (RSUs) to Jill Hazelbaker.
2022-04-16First vesting date for the 129,056 RSUs granted on March 1, 2022, with 1/48 of total RSUs vesting.
2023-03-01Grant date for 122,235 Restricted Stock Units (RSUs) to Jill Hazelbaker.
2023-04-16First vesting date for the 122,235 RSUs granted on March 1, 2023, with 1/48 of total RSUs vesting.
2024-03-01Grant date for 71,674 Restricted Stock Units (RSUs) to Jill Hazelbaker.
2024-04-16First vesting date for the 71,674 RSUs granted on March 1, 2024, with 1/48 of total RSUs vesting.
2025-03-03Grant date for 70,323 Restricted Stock Units (RSUs) to Jill Hazelbaker.
2025-04-16First vesting date for the 70,323 RSUs granted on March 3, 2025, with 1/48 of total RSUs vesting.
2025-06-16Date of reported transactions, including RSU vesting and shares disposed for tax liability.
2025-06-18Signature date of the reporting person's power of attorney.

Keywords

Uber Technologies, UBER, SEC Form 4, Insider Trading, Restricted Stock Units, RSU Vesting, Stock Transactions, Jill Hazelbaker, Executive Compensation, Beneficial Ownership

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