4Filed Aug 17, 8:00 PM ET
Uber (UBER) Glen Ceremony Receives RSU Award — 6,604 Shares Vest
$UBER · Uber Technologies, IncResearch Summary
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Uber (UBER) Glen Ceremony Receives RSU Award — 6,604 Shares Vest
What Happened
- Glen Ceremony, Chief Accounting Officer and Global Corporate Controller of Uber Technologies (UBER), had 6,604 restricted stock units (RSUs) convert into common stock on August 16, 2026.
- Of those 6,604 shares, 3,278 shares were withheld to satisfy tax withholding at $75.95 per share (total withheld value $248,964). The net shares delivered to Ceremony were 3,326.
- These transactions reflect RSU vesting/conversion and tax-withholding (codes M = exercise/conversion of derivative; F = payment of exercise price or tax liability). This was not an open-market sale or a purchase.
Key Details
- Transaction date: August 16, 2026; Form 4 filed August 18, 2026 (timely — within the usual two-business-day window).
- Vesting/conversion: 6,604 shares (multiple items reported). Tax-withheld shares: 3,278 at $75.95 each for total withholding of $248,964. Net shares to insider: 3,326.
- Notable footnotes: RSUs convert one-for-one to common stock (F1); shares were withheld to satisfy tax liability on vesting (F2). The vested shares came from multiple prior RSU grants (see F3–F7 for grant dates and schedules).
- Shares owned after the transaction: not specified in this filing.
Context
- This was a routine RSU vesting event with net share settlement (shares withheld to cover taxes), not an open-market sale or buy. In plain terms: vested RSUs were converted into common stock and a portion was retained by the company to pay taxes.
- Transaction codes: M = conversion/exercise of a derivative (here, RSU conversion); F = shares withheld to pay tax liability.
- These filings are typically informational and do not, by themselves, indicate the insider’s view of the company’s prospects.