Form 4: Uber Executive Jill Hazelbaker Sells Shares in Recent Transaction

Uber's SVP of Marketing and Public Affairs, Jill Hazelbaker, sold 27,780 shares of common stock at a weighted average price of $72.9001 on November 25, 2024.

Summary

• Jill Hazelbaker, an SVP at Uber Technologies, Inc., sold 27,780 shares of common stock on November 25, 2024.
• The shares were sold at a weighted average price of $72.9001 per share.
• The sale was executed in multiple transactions with prices ranging from $72.90 to $72.91.
• Following the transaction, Ms. Hazelbaker directly owns 107,289 shares of Uber common stock.
• She also indirectly owns 9,002 shares through the Franks 2021 Irrevocable Trust.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock sale by an executive, with no indication of positive or negative sentiment.

Management Comments

• The reporting person undertakes to provide to Uber Technologies, Inc., any security holder of Uber Technologies, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Industry Context

This is a routine disclosure of an insider stock sale, which is common for executives of publicly traded companies. It does not indicate any specific trend in the ride-sharing industry.

Comparison to Industry Standards

• Executive stock sales are a normal part of compensation and portfolio management for executives at publicly traded companies like Uber.
• Similar transactions are regularly reported by executives at companies like Lyft, DoorDash, and other tech firms.
• The sale by Ms. Hazelbaker is within the typical range of such transactions and does not appear to be unusual compared to industry standards.

Stakeholder Impact

• The stock sale may have a minor impact on the stock price, but it is unlikely to be significant given the volume of shares traded daily.
• The sale does not directly impact employees, customers, or suppliers.

Key Dates

Keywords

Uber, stock sale, insider trading, Jill Hazelbaker, equity, SEC Form 4