Uber Technologies, Inc·4

Jun 18, 6:51 PM ET

Ceremony Glen 4

Research Summary

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Uber (UBER) Ceremony Glen Receives RSU Shares; Tax Withheld

What Happened
Ceremony Glen, Chief Accounting Officer and Global Corporate Controller at Uber, had RSUs convert into 3,611 shares on June 16, 2026. To satisfy tax withholding obligations, 1,793 of those shares were withheld (reported as dispositions) at an implied per-share value of $73.25, totaling $131,337. Net new shares delivered to Glen after withholding were 1,818 shares.

Key Details

  • Transaction date: June 16, 2026 (Form 4 filed June 18, 2026 — within the typical two-business-day window).
  • Conversion/vesting: 3,611 shares reported as exercise/conversion of derivatives (code M).
  • Tax withholding: 1,793 shares withheld (codes F) at $73.25/share; total value withheld = $131,337. Withheld share counts: 352, 341, 348, 752.
  • Net shares added to holdings: 1,818 shares (3,611 converted − 1,793 withheld).
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Relevant footnotes: F1 (RSUs convert 1-for-1), F3 (shares withheld to satisfy tax liability upon vesting), F4–F7 (details of prior RSU grants and monthly vesting schedules), F2 (includes 298 shares from 2019 ESPP acquired May 20, 2026).
  • Codes explained: M = exercise/conversion of derivative (RSU vesting/conversion); F = payment of exercise price or tax liability (share-withholding).

Context
These entries reflect routine RSU vesting and net settlement (company withholding shares to cover taxes), not an open-market sale or discretionary trade. The form shows conversion of RSUs and share withholding for taxes — common administrative actions following vesting — and do not by themselves indicate the insider’s view on the stock.