Ceremony Glen 4
4 · Uber Technologies, Inc · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
Uber (UBER) Chief Accounting Officer Ceremony Glen Receives RSUs
What Happened
Ceremony Glen, Uber’s Chief Accounting Officer and Global Corporate Controller, had restricted stock units (RSUs) convert into common stock on February 16, 2026 (conversion/derivative exercises) and had shares withheld to cover the tax liability. A total of 4,342 shares were converted (686 + 700 + 1,515 + 1,441). Of those, 1,504 shares were withheld for taxes (238 + 243 + 499 + 524) at $69.99 per share, totaling $105,266. On February 17, 2026 Glen was granted 23,952 new RSUs (no cash exchanged).
Key Details
- Filing date: February 18, 2026; Period of report: February 16, 2026 (timely filing).
- Feb 16, 2026: Conversion/exercise of derivatives (code M) — 686, 700, 1,515, 1,441 shares (total 4,342).
- Feb 16, 2026: Shares withheld for tax (code F) — 238, 243, 499, 524 shares (total 1,504) at $69.99/share; total tax withholding ~$105,266.
- Feb 17, 2026: Grant (code A) — 23,952 RSUs awarded at $0.00 (derivative).
- Shares owned after the reported transactions are not specified in this Form 4.
- Relevant footnotes: F1–F2 clarify RSUs convert one-for-one to common stock and that shares were withheld to satisfy tax liability; F3 describes the 23,952-RSU grant and its vesting schedule (1/8 vests May 16, 2026, then quarterly). Several prior RSU grants (2022–2025) and their vesting schedules are also noted (F4–F7).
Context
This was routine equity compensation activity: RSUs converted to common shares and a portion withheld to cover taxes (not an open-market sale). The new RSU grant vests over time (first tranche 1/8 on May 16, 2026, then quarterly), and RSUs may be settled in cash or stock at the issuer’s election. Such withholding-to-cover transactions are common for payroll tax obligations and do not, by themselves, signal a buy or sell decision.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-02-16+686→ 249,576 total - Exercise/Conversion
Common Stock
[F1]2026-02-16+700→ 250,276 total - Exercise/Conversion
Common Stock
[F1]2026-02-16+1,515→ 251,791 total - Exercise/Conversion
Common Stock
[F1]2026-02-16+1,441→ 253,232 total - Tax Payment
Common Stock
[F2]2026-02-16$69.99/sh−238$16,658→ 252,994 total - Tax Payment
Common Stock
[F2]2026-02-16$69.99/sh−243$17,008→ 252,751 total - Tax Payment
Common Stock
[F2]2026-02-16$69.99/sh−499$34,925→ 252,252 total - Tax Payment
Common Stock
[F2]2026-02-16$69.99/sh−524$36,675→ 251,728 total - Award
Restricted Stock Units
[F3]2026-02-17+23,952→ 23,952 totalExercise: $0.00→ Common Stock (23,952 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-02-16−686→ 25,410 total→ Common Stock (686 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F5]2026-02-16−700→ 17,498 total→ Common Stock (700 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F6]2026-02-16−1,515→ 19,706 total→ Common Stock (1,515 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F7]2026-02-16−1,441→ 1,440 total→ Common Stock (1,441 underlying)
Footnotes (7)
- [F1]Restricted stock units (RSUs) convert into common stock on a one-for-one basis.
- [F2]Shares withheld to satisfy tax liability upon vesting of RSUs on February 16, 2026.
- [F3]The reporting person was granted 23,952 RSUs on February 17, 2026. The vesting schedule is as follows: 1/8 of the total RSUs vest on May 16, 2026, and 1/8 of the total RSUs will vest each quarter thereafter. Upon vesting, the RSUs become payable in cash or common stock on a one-for-one basis at the election of the Issuer.
- [F4]The reporting person was granted 32,964 RSUs on March 3, 2025. The vesting schedule is as follows: 1/48 of the total RSUs vested on April 16, 2025 and 1/48 of the total RSUs vest each month thereafter. Upon vesting, the RSUs become payable in cash or common stock on a one-for-one basis at the election of the Issuer.
- [F5]The reporting person was granted 33,597 RSUs on March 1, 2024. The vesting schedule is as follows: 1/48 of the total RSUs vested on April 16, 2024 and 1/48 of the total RSUs vest each month thereafter. Upon vesting, the RSUs become payable in cash or common stock on a one-for-one basis at the election of the Issuer.
- [F6]The reporting person was granted 72,759 RSUs on March 1, 2023. The vesting schedule is as follows: 1/48 of the total RSUs vested on April 16, 2023 and 1/48 of the total RSUs vest each month thereafter. Upon vesting, the RSUs become payable in cash or common stock on a one-for-one basis at the election of the Issuer.
- [F7]The reporting person was granted 69,137 RSUs on March 1, 2022. The vesting schedule is as follows: 1/48 of the total RSUs vested on April 16, 2022 and 1/48 of the total RSUs vest each month thereafter. Upon vesting, the RSUs become payable in cash or common stock on a one-for-one basis at the election of the Issuer.