Uber (UBER) Chief Accounting Officer Ceremony Glen Receives RSUs via Vesting

What Happened

• Ceremony Glen, Chief Accounting Officer and Global Corporate Controller of Uber (UBER), had 3,610 restricted stock units (RSUs) convert into common stock on September 16, 2026. The filing shows conversion entries for 708, 686, 700 and 1,516 RSUs.
• To cover tax withholding on the vesting, 1,793 shares were surrendered (352, 341, 348 and 752 shares) at a reported per-share value of $70.97, totaling $127,249. After withholding, Glen received a net 1,817 shares. The conversion entries are recorded at $0 (derivative conversion).

Key Details

• Transaction date: September 16, 2026. Form 4 filed September 18, 2026 (within the standard 2-business-day window).
• RSUs converted: 3,610 shares total (708 + 686 + 700 + 1,516).
• Shares withheld for taxes: 1,793 shares (total withholding value $127,249 at $70.97/share).
• Net shares delivered to insider: 1,817 shares (approximate net value ~$128,953 at $70.97/share).
• Transaction codes: M = conversion/exercise of derivative (RSU vesting); F = payment of exercise price or tax liability (share withholding).
• Shares owned after transaction: not specified in the filing.
• Relevant footnotes: RSUs convert one-for-one to common stock (F1); shares were withheld to satisfy tax liability on vesting (F2); multiple RSU grants and vesting schedules noted from 2023–2026 (F3–F6).

Context

• This was a routine RSU vesting event, not an open-market purchase or discretionary sale. The filing records a cashless outcome where some shares are withheld by the company to cover taxes — a common administrative practice that does not necessarily indicate a buy/sell signal.
• For derivative/RSU events: RSUs convert into shares one-for-one on vesting (per footnotes), and the withheld shares represent the tax payment rather than an independent sale decision.