Form 4: Uber Technologies Executive Glen Ceremony Reports Stock Transactions
SEC Form 4
Glen Ceremony, Chief Accounting Officer and Global Corporate Controller at Uber Technologies, reported the vesting of restricted stock units and subsequent tax withholding on September 16, 2024, resulting in adjustments to their holdings of common stock and derivative securities.
Summary
- On September 16, 2024, Glen Ceremony, Chief Accounting Officer and Global Corporate Controller of Uber Technologies, Inc., reported transactions involving restricted stock units (RSUs) and common stock.
- The transactions included the vesting of RSUs and the subsequent withholding of shares to cover tax liabilities.
- These transactions resulted in changes to the reporting person's direct ownership of Uber common stock, with the final amount beneficially owned being 199,347 shares.
- The reporting person also continues to hold a number of unvested RSUs granted on various dates with different vesting schedules.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by an insider, with no inherent positive or negative implications for the company's performance.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock.
Stakeholder Impact
- The transactions reported have a minimal direct impact on stakeholders, as they primarily reflect the vesting of previously granted compensation.
- The disclosure provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| March 1, 2021 | Date of grant for 27,806 restricted stock units (RSUs) with vesting starting April 16, 2021. |
| May 10, 2021 | Date of grant for 34,650 restricted stock units (RSUs) with vesting starting July 16, 2021. |
| March 1, 2022 | Date of grant for 69,137 restricted stock units (RSUs) with vesting starting April 16, 2022. |
| March 1, 2023 | Date of grant for 72,759 restricted stock units (RSUs) with vesting starting April 16, 2023. |
| October 30, 2023 | Date of grant for 33,348 restricted stock units (RSUs) with vesting starting December 16, 2023. |
| March 1, 2024 | Date of grant for 33,597 restricted stock units (RSUs) with vesting starting April 16, 2024. |
| September 16, 2024 | Date of transactions involving vesting of RSUs and tax withholding. |
| September 18, 2024 | Date of report filing. |
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