Form 4: Uber Executive's Stock Transactions Disclosed

Uber Technologies, Inc. Chief Marketing Officer Jill Hazelbaker reported the vesting of restricted stock units and subsequent tax-related share dispositions.

Summary

• Jill Hazelbaker, Uber's Chief Marketing Officer and SVP, Public Affairs, reported transactions on January 16, 2026, involving the company's common stock.
• These transactions included the conversion of 8,194 Restricted Stock Units (RSUs) into common stock.
• Concurrently, 3,774 shares of common stock were disposed of at a price of $84.85 per share to satisfy tax liabilities arising from the RSU vesting.
• Following these transactions, Ms. Hazelbaker directly holds 105,668 shares of common stock.
• Additionally, 10,454 shares are indirectly held through the Franks 2021 Irrevocable Trust, whose beneficiaries are members of Ms. Hazelbaker's immediate family.
• Remaining unvested RSUs include 55,672 from a March 3, 2025 grant, 38,823 from a March 1, 2024 grant, 35,652 from a March 1, 2023 grant, and 5,377 from a March 1, 2022 grant, all vesting monthly over 48 months.

Sentiment

Score: 5

Explanation: Neutral. This is a routine disclosure of executive stock transactions (RSU vesting and tax withholding) and does not indicate significant positive or negative news for the company's operations or financial health.

Positives

• The vesting of Restricted Stock Units (RSUs) represents a scheduled component of executive compensation, indicating continued alignment of executive interests with shareholder value.
• The executive maintains a substantial beneficial ownership in Uber Technologies, Inc. following these transactions, demonstrating ongoing commitment to the company.

Negatives

• A portion of the vested shares was disposed of to cover tax liabilities, resulting in a reduction of the executive's direct common stock holdings.

Future Outlook

The filing details the ongoing vesting schedules for previously granted Restricted Stock Units, indicating a predictable future stream of equity compensation for the executive. The Issuer retains the discretion to settle vested RSUs in cash or common stock.

Industry Context

This Form 4 filing is a routine disclosure of executive equity transactions, reflecting standard compensation practices within the technology industry. It does not provide broader insights into industry trends or competitive landscape.

Comparison to Industry Standards

• The use of Restricted Stock Units (RSUs) with multi-year vesting schedules is a standard component of executive compensation packages across the technology sector and large public companies globally.
• The practice of withholding shares to cover tax liabilities upon RSU vesting is a common and routine mechanism for managing executive equity compensation, aligning with typical industry practices for tax compliance.
• This type of disclosure (Form 4) is a standard regulatory requirement for insiders, ensuring transparency in executive stock ownership changes, consistent with global corporate governance benchmarks.

Related Party Transactions

• Shares are held by the Franks 2021 Irrevocable Trust, of which the beneficiaries are members of Ms. Hazelbaker's immediate family, representing an indirect beneficial ownership of 10,454 shares.

Stakeholder Impact

• Shareholders: Provides transparency regarding executive equity ownership and compensation, which is a standard aspect of corporate governance. Unlikely to have a material impact on the company's share price.
• Employees: Reflects standard executive compensation practices, which may influence broader compensation strategies within the company.

Next Steps

• Continued monthly vesting of remaining Restricted Stock Units as per the established schedules for the grants made in 2022, 2023, 2024, and 2025.

Key Dates

Keywords

Uber Technologies, UBER, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Executive Compensation, Stock Ownership, Jill Hazelbaker