Form 4: Uber Technologies Executive Jill Hazelbaker Reports Stock Transactions
SEC Form 4
Jill Hazelbaker, SVP of Marketing and Public Affairs at Uber Technologies, reported the vesting of restricted stock units and subsequent tax withholding on June 16, 2024.
Summary
- On June 16, 2024, Jill Hazelbaker, SVP of Marketing and Public Affairs at Uber Technologies, reported transactions involving Uber's common stock.
- These transactions included the vesting of restricted stock units (RSUs) and the subsequent withholding of shares to cover tax liabilities.
- The vesting of RSUs resulted in the acquisition of shares, while the tax withholding led to the disposal of shares.
- Specifically, 1,494, 2,546, 2,689, 1,698 and 4,669 shares were acquired through RSU vesting.
- 749, 1,373, 1,525, 982 and 2,717 shares were disposed of to cover tax obligations at a price of $70.06 per share.
- Following these transactions, Ms. Hazelbaker directly owns 153,910 shares of Uber common stock and indirectly owns 9,002 shares through a trust.
- The RSUs convert into common stock on a one-for-one basis.
- The RSUs were granted on various dates (July 29, 2020, March 1, 2021, March 1, 2022, March 1, 2023 and March 1, 2024) and vest monthly according to their respective vesting schedules.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice for publicly traded companies like Uber. It provides transparency into the trading activities of key personnel.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they represent a small fraction of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| July 29, 2020 | Date of grant for 224,148 restricted stock units (RSUs) with vesting starting November 16, 2020. |
| March 1, 2021 | Date of grant for 81,508 restricted stock units (RSUs) with vesting starting March 16, 2022. |
| March 1, 2022 | Date of grant for 129,056 restricted stock units (RSUs) with vesting starting April 16, 2022. |
| March 1, 2023 | Date of grant for 122,235 restricted stock units (RSUs) with vesting starting April 16, 2023. |
| March 1, 2024 | Date of grant for 71,674 restricted stock units (RSUs) with vesting starting April 16, 2024. |
| June 16, 2024 | Date of reported transactions: vesting of RSUs and tax withholding. |
| June 18, 2024 | Date of signature on the Form 4 filing. |
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