Uber Technologies, Inc·4

Feb 18, 8:25 PM ET

West Tony 4

4 · Uber Technologies, Inc · Filed Feb 18, 2026

Research Summary

AI-generated summary of this filing

Updated

Uber (UBER) CLO Tony West: RSUs Vest; 4,344 Shares Withheld

What Happened

  • Tony West, Chief Legal Officer and Corporate Secretary of Uber (UBER), had multiple restricted stock units (RSUs) convert into common stock on February 16, 2026 (total conversions recorded: 8,757 RSUs). To satisfy tax withholding on those vesting RSUs, 4,344 shares were withheld and reported as payment of tax liability at $69.99 per share (total value withheld ≈ $304,038). The filing also records a 101,214‑RSU award/holding on February 17, 2026 (derivative interest).

Key Details

  • Transaction dates: conversions and tax-withholding on 2026-02-16; award recorded 2026-02-17. Form filed 2026-02-18 (timely).
  • Conversion breakdown (reported): 1,282; 1,493; 2,910; and 3,072 RSUs (total 8,757) converted. Tax-withheld share amounts: 636, 1,524, 741, and 1,443 (total 4,344) at $69.99 each → total ≈ $304,038.
  • Transaction codes: M = exercise/conversion of derivative (RSU conversion), F = payment of tax liability (shares withheld), A = award/recording of RSU holdings.
  • Shares owned after transaction: not specified in the provided excerpt of the filing.
  • Footnotes: RSUs convert 1-for-1 into common stock. Several historic RSU grants (2022–2025) vest monthly (1/48 per month) after initial April vesting dates. The 101,214 RSUs reported (per footnote) are from a March 1, 2023 grant for which performance conditions are satisfied and time‑based vesting completes on March 16, 2026.

Context

  • This appears to be routine RSU vesting and net share settlement to satisfy tax withholding (common practice), not an open‑market sale. The RSU conversion is recorded as a derivative exercise with no exercise price; withheld shares were used to meet tax obligations rather than sold on the open market. The separately reported 101,214 RSUs remain a prospective award subject to time-based vesting (per the footnote).

Insider Transaction Report

Form 4
Period: 2026-02-16
West Tony
See Remarks
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-02-16+1,282177,866 total
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-02-16+1,493179,359 total
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-02-16+2,910182,269 total
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-02-16+3,072185,341 total
  • Tax Payment

    Common Stock

    [F2]
    2026-02-16$69.99/sh636$44,514184,705 total
  • Tax Payment

    Common Stock

    [F2]
    2026-02-16$69.99/sh1,524$106,665183,181 total
  • Tax Payment

    Common Stock

    [F2]
    2026-02-16$69.99/sh741$51,863182,440 total
  • Tax Payment

    Common Stock

    [F2]
    2026-02-16$69.99/sh1,443$100,996180,997 total
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F3]
    2026-02-161,28247,432 total
    Common Stock (1,282 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F4]
    2026-02-161,49337,330 total
    Common Stock (1,493 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F5]
    2026-02-162,91037,835 total
    Common Stock (2,910 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F6]
    2026-02-163,0723,073 total
    Common Stock (3,072 underlying)
  • Award

    Restricted Stock Units

    [F7]
    2026-02-17+101,214101,214 total
    Exercise: $0.00Common Stock (101,214 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 61,533 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.
  • [F4]The reporting person was granted 71,674 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.
  • [F5]The reporting person was granted 139,697 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.
  • [F6]The reporting person was granted 147,492 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.
  • [F7]Consists of 101,214 RSUs granted to the reporting person on March 1, 2023 pursuant to Uber's 2019 Equity Incentive Plan, for which certain performance conditions have been satisfied and for which the time-based condition will be satisfied on March 16, 2026. Upon vesting, the RSUs become payable in cash or common stock on a one-for-one basis at the election of the issuer.
Signature
/s/ Carolyn Mo by Power of Attorney for Tony West|2026-02-18

Documents

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