Form 4: Uber Executive Jill Hazelbaker Reports Stock Transactions
SEC Form 4
Jill Hazelbaker, Chief Marketing Officer and SVP Public Affairs at Uber Technologies, reports the vesting of restricted stock units, tax withholding, and a sale of shares.
Summary
- Jill Hazelbaker, a key executive at Uber Technologies, reported multiple transactions involving Uber's common stock and restricted stock units (RSUs).
- On February 16, 2025, Hazelbaker vested RSUs, converting them into common stock.
- A portion of the newly vested shares was withheld to cover tax liabilities.
- On February 18, 2025, Hazelbaker sold 31,000 shares of common stock at a weighted average price of $81.016 per share.
- Following these transactions, Hazelbaker directly owns 117,973 shares of Uber common stock and indirectly owns 10,454 shares through a trust.
- She also holds 96,792 restricted stock units that will vest on March 16, 2025, subject to certain conditions.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, reflecting standard stock transactions by an executive. There is no inherent positive or negative sentiment.
Future Outlook
The reporting person holds 96,792 restricted stock units (RSUs) granted on March 1, 2022 pursuant to Uber's 2019 Equity Incentive Plan, for which certain performance conditions have been satisfied and for which the time-based condition will be satisfied on March 16, 2025.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice for publicly traded companies. It provides transparency into the trading activities of insiders.
Stakeholder Impact
- The stock sale by an executive could have a minor, short-term impact on the stock price, but is unlikely to have a significant long-term effect.
- The disclosure provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| March 1, 2021 | Date of grant for 81,508 restricted stock units (RSUs). |
| March 1, 2022 | Date of grant for 129,056 restricted stock units (RSUs). |
| March 1, 2022 | Date of grant for 96,792 restricted stock units (RSUs). |
| March 16, 2022 | 12/48 of the total RSUs vested on March 16, 2022. |
| March 1, 2023 | Date of grant for 122,235 restricted stock units (RSUs). |
| April 16, 2023 | 1/48 of the total RSUs vested on April 16, 2023. |
| March 1, 2024 | Date of grant for 71,674 restricted stock units (RSUs). |
| April 16, 2024 | 1/48 of the total RSUs vest on April 16, 2024. |
| February 16, 2025 | Date of RSU vesting and tax withholding. |
| February 18, 2025 | Date of stock sale (31,000 shares). |
| March 16, 2025 | Time-based condition will be satisfied for 96,792 restricted stock units (RSUs). |
| February 19, 2025 | Date of signature on the Form 4. |
Keywords
Form 4, Uber, Jill Hazelbaker, Stock Sale, RSU, Restricted Stock Units, Beneficial Ownership, Insider Trading
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