Hazelbaker Jill 4

What Happened Jill Hazelbaker, Chief Marketing Officer and SVP Public Affairs of Uber (UBER), reported vesting/conversion of 8,193 restricted stock units (RSUs) into common shares on Feb 16, 2026. Of those, 4,251 shares were withheld by the company to cover tax withholding at $69.99/share (total withholding ≈ $297,528). The filing also reports an acquisition/award of 88,561 RSUs on Feb 17, 2026 (an award subject to performance/time-based conditions per the filing).

This activity is routine compensation vesting and tax withholding (not an open-market sale or discretionary purchase).

Key Details

• Transaction dates: conversions/vesting and tax withholding on 2026-02-16; RSU award reported on 2026-02-17. Filing date: 2026-02-18 (appears timely).
• Conversions: 1,465 + 1,493 + 2,547 + 2,688 = 8,193 shares converted (derivative conversion entries).
• Shares withheld for taxes (disposed): 734 + 748 + 1,319 + 1,450 = 4,251 shares; withheld price shown as $69.99/share; total withheld value reported ≈ $297,528.
• Award: 88,561 RSUs reported acquired on 2026-02-17 (see footnote F8 regarding original grant and vesting conditions).
• Shares owned after the transactions: not specified in the filing.
• Relevant footnotes: F1 = RSUs convert one-for-one to common stock; F2 = shares withheld to satisfy tax liability on vesting; F4–F7 = prior RSU grants vest monthly (1/48); F8 = 88,561 RSUs tied to prior grant with performance/time conditions.
• Transaction codes: M = exercise/conversion of derivative (RSU conversion), F = payment of tax liability (shares withheld), A = award/grant.

Context

• These entries reflect RSU vesting and net share settlement for taxes (company withheld shares rather than a cash payment). This is a common, routine mechanism and not an open-market sale or purchase signaling a change in insider sentiment.
• The filing shows conversions (derivative-to-stock), withholding to satisfy taxes (net share settlement), and a grant/award of additional RSUs subject to vesting conditions.