Macdonald Andrew 4
4 · Uber Technologies, Inc · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
Uber (UBER) President Andrew Macdonald Vests RSUs; 12,875 Shares Converted
What Happened
- Andrew Macdonald, President and Chief Operating Officer of Uber (UBER), had RSUs convert into common stock on Feb 16, 2026. Four conversion events totaled 12,875 shares. To satisfy tax withholding, 7,197 shares were withheld/disposed at $69.99 per share, generating $503,718 in proceeds (reported as tax withholding). That left a net delivery of 5,678 shares to Macdonald from these vestings. The filing also reports a grant/award of 140,574 RSUs (derivative) on Feb 17, 2026.
Key Details
- Dates: RSU conversions and tax withholding occurred Feb 16, 2026; the RSU award entry is dated Feb 17, 2026. Form filed Feb 18, 2026 (timely).
- Prices / values: Tax-withheld shares priced at $69.99; total cash value withheld ≈ $503,718. The RSU conversions and grant entries are $0 per share (derivative instruments converting to stock).
- Shares involved: 12,875 shares converted (vesting); 7,197 shares withheld for taxes; net 5,678 shares delivered. 140,574 RSUs reported as an award/derivative grant.
- Footnotes: RSUs convert one-for-one to common stock; withholding to satisfy tax liability on vested RSUs; several historical RSU grants (2022–2025) and vesting schedules noted; the 140,574 RSUs are subject to a time-based vesting condition (see footnote).
- Transaction codes: M = exercise/conversion of derivative (here: RSU conversion), F = tax withholding, A = award/grant.
- Shares owned after transaction: not specified in the provided excerpt.
Context
- This was not an open-market buy or sale to express a market view: it is routine RSU vesting with net settlement via share withholding to cover taxes (a common practice). Such withholding (F) is administrative and does not necessarily indicate buying or selling intent. The filing appears timely (filed within the SEC reporting window).
Insider Transaction Report
Form 4
Macdonald Andrew
See Remarks
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-02-16+2,472→ 264,520 total - Exercise/Conversion
Common Stock
[F1]2026-02-16+2,520→ 267,040 total - Exercise/Conversion
Common Stock
[F1]2026-02-16+4,042→ 271,082 total - Exercise/Conversion
Common Stock
[F1]2026-02-16+3,841→ 274,923 total - Tax Payment
Common Stock
[F2]2026-02-16$69.99/sh−1,382$96,726→ 273,541 total - Tax Payment
Common Stock
[F2]2026-02-16$69.99/sh−1,409$98,616→ 272,132 total - Tax Payment
Common Stock
[F2]2026-02-16$69.99/sh−2,259$158,107→ 269,873 total - Tax Payment
Common Stock
[F2]2026-02-16$69.99/sh−2,147$150,269→ 267,726 total - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-02-16−2,472→ 91,475 total→ Common Stock (2,472 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-02-16−2,520→ 62,995 total→ Common Stock (2,520 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F5]2026-02-16−4,042→ 52,548 total→ Common Stock (4,042 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F6]2026-02-16−3,841→ 3,841 total→ Common Stock (3,841 underlying) - Award
Restricted Stock Units
[F7]2026-02-17+140,574→ 140,574 totalExercise: $0.00→ Common Stock (140,574 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 118,670 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 120,951 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 194,024 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 184,365 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 140,574 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 Andrew Macdonald|2026-02-18