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Uber Technologies, Inc·4

Mar 18, 7:01 PM ET

Hazelbaker Jill 4

Research Summary

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Uber (UBER) CMO Jill Hazelbaker Receives RSUs; Shares Withheld for Taxes

What Happened
Jill Hazelbaker, Chief Marketing Officer and SVP, Public Affairs at Uber (UBER), had multiple restricted stock units (RSUs) vest on March 16, 2026. A total of 96,754 RSUs converted into common shares (reported as derivative exercises/conversions). To satisfy tax withholding obligations on those vested RSUs, 50,050 shares were withheld (reported as dispositions to cover tax liability), generating proceeds of $3,736,733. On March 18, 2026 she was granted 67,971 new RSUs.

Key Details

  • Transaction dates: conversions/vestings and tax withholding occurred on March 16, 2026; new RSU grant on March 18, 2026. Filing date: March 18, 2026.
  • Prices / values: withholding covered 50,050 shares for a total reported value of $3,736,733 (largest single withholding: 45,803 shares for $3,419,652). The RSU conversions are reported at $0 per share for the derivative exercise entries.
  • Shares involved: 96,754 RSUs converted to common stock on March 16, 2026; 50,050 shares withheld for taxes; 67,971 RSUs granted on March 18, 2026.
  • Footnotes of note: F2 confirms shares were withheld to satisfy tax liabilities upon RSU vesting; F8 notes 88,561 RSUs from a March 1, 2023 grant had performance conditions satisfied and time-based vesting occurred on March 16, 2026; F9 describes the new 67,971 RSU grant and its monthly vesting schedule beginning April 16, 2026.
  • Transaction codes: M = exercise/conversion of derivative (RSU vesting/conversion), F = shares withheld to pay tax liability.
  • Shares owned after transaction: not specified in the filing.
  • Timeliness: Filing was submitted March 18 for transactions on March 16; this appears timely (Form 4 is typically due within 2 business days).

Context
These transactions are routine RSU vesting and tax-withholding activities rather than open-market buys or discretionary sales. The conversion of RSUs to shares and withholding of a portion to meet tax obligations is common for equity-compensated executives. The separate March 18 grant (67,971 RSUs) creates a new time-based vesting schedule beginning April 16, 2026.