Form 4: Uber Executive Jill Hazelbaker Sells Shares Worth $3 Million

Jill Hazelbaker, Chief Marketing Officer and SVP, Public Affairs at Uber Technologies, Inc., sold 34,884 shares of common stock at an average price of $86.0341 on May 12, 2025.

Summary

• On May 12, 2025, Jill Hazelbaker, Chief Marketing Officer and SVP, Public Affairs at Uber Technologies, Inc., sold 34,884 shares of Uber's common stock.
• The sale was executed at a weighted average price of $86.0341 per share.
• The total value of the shares sold is approximately $3 million.
• Following the transaction, Hazelbaker directly owns 102,135 shares of Uber's common stock.
• Additionally, she indirectly owns 10,454 shares through the Franks 2021 Irrevocable Trust, where the beneficiaries are members of her immediate family.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a stock sale. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Executive stock sales are a common occurrence in publicly traded companies and are often scrutinized by investors for insights into management's perspective on the company's future prospects. However, without additional context, it's difficult to determine the specific reasons behind this sale.

Comparison to Industry Standards

• Executive compensation and stock ownership structures vary widely across the tech industry.
• Comparing Hazelbaker's stock transactions to those of executives at similar companies like Lyft, DoorDash, or Airbnb would provide a better understanding of whether this sale is typical or unusual.
• Analyzing the percentage of her total holdings that were sold would also be informative.

Stakeholder Impact

• The stock sale could have a minor impact on shareholders if it leads to a slight decrease in the stock price, although this is unlikely given the relatively small volume of shares sold compared to the company's overall market capitalization.
• There is no direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Uber Technologies Inc, Jill Hazelbaker, stock sale, Form 4, executive, shares, UBER