Form 4: Uber Executive's Routine Stock Transactions Reported
Insider Transaction Report
Uber Technologies, Inc. Chief Accounting Officer, Glen Ceremony, reported the conversion of restricted stock units into common stock and subsequent tax-related share withholdings on November 16, 2025.
Summary
- Glen Ceremony, Uber's Chief Accounting Officer and Global Corporate Controller, reported transactions involving Uber common stock and Restricted Stock Units (RSUs).
- On November 16, 2025, a total of 4,344 Restricted Stock Units (RSUs) converted into common stock on a one-for-one basis.
- These conversions stemmed from RSU grants made on March 3, 2025 (687 units), March 1, 2024 (700 units), March 1, 2023 (1,516 units), and March 1, 2022 (1,441 units).
- To satisfy tax liabilities upon the vesting of these RSUs, a total of 2,156 shares of common stock were withheld at a price of $91.62 per share.
- Following these transactions, Glen Ceremony directly beneficially owns 244,000 shares of common stock.
- Remaining RSU balances include 27,470 units from the March 3, 2025 grant, 19,598 units from the March 1, 2024 grant, 24,253 units from the March 1, 2023 grant, and 5,761 units from the March 1, 2022 grant.
Sentiment
Score: 5
Explanation: This is a routine insider transaction (vesting and tax withholding) and does not indicate a positive or negative sentiment towards the company's performance or future prospects. It is a standard disclosure of executive compensation.
Positives
- The filing demonstrates the ongoing execution of the company's executive compensation plan, including the vesting of Restricted Stock Units (RSUs).
- The conversion of RSUs into common stock increases the executive's direct ownership in the company, aligning interests with shareholders.
Negatives
- No specific negative events or outcomes for the company are indicated by this routine insider transaction.
Future Outlook
This filing does not contain forward-looking statements or guidance regarding the company's future performance or strategic direction.
Industry Context
This is a routine executive compensation disclosure and does not provide specific insights into broader industry trends or competitive landscape beyond the standard practice of granting equity compensation to key executives in the technology sector.
Related Party Transactions
- The transactions involve an officer of Uber Technologies, Inc. (Glen Ceremony) and the company, which are considered related-party dealings in the context of executive compensation.
Stakeholder Impact
- Shareholders: Provides transparency regarding executive compensation and the executive's direct ownership stake in the company.
- Employees: Reflects the company's equity compensation practices for its leadership.
Next Steps
- Remaining Restricted Stock Units (RSUs) will continue to vest monthly according to their respective schedules, with the Issuer having the election to pay in cash or common stock.
Key Dates
| Date | Description |
|---|---|
| 2022-03-01 | Grant date for 69,137 Restricted Stock Units (RSUs) to Glen Ceremony. |
| 2022-04-16 | First vesting date for RSUs granted on March 1, 2022. |
| 2023-03-01 | Grant date for 72,759 Restricted Stock Units (RSUs) to Glen Ceremony. |
| 2023-04-16 | First vesting date for RSUs granted on March 1, 2023. |
| 2024-03-01 | Grant date for 33,597 Restricted Stock Units (RSUs) to Glen Ceremony. |
| 2024-04-16 | First vesting date for RSUs granted on March 1, 2024. |
| 2025-03-03 | Grant date for 32,964 Restricted Stock Units (RSUs) to Glen Ceremony. |
| 2025-04-16 | First vesting date for RSUs granted on March 3, 2025. |
| 2025-11-16 | Transaction date for RSU conversions and tax-related share withholdings. |
| 2025-11-18 | Date the Form 4 was filed. |
Recommendation
holdThis Form 4 reports routine vesting and tax-related share withholdings by an executive, which is a standard part of executive compensation. It does not provide new information regarding the company's operational performance, financial health, or strategic direction that would warrant a change in investment recommendation. Investors should rely on broader financial reports and company announcements for investment decisions.
Keywords
Uber, UBER, Form 4, Insider Transaction, Restricted Stock Units, RSU, Executive Compensation, Stock Vesting, Share Withholding
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