Macdonald Andrew 4

What Happened

• Andrew Macdonald, President and Chief Operating Officer of Uber (UBER), had RSUs convert into 10,167 shares on May 16, 2026. To satisfy tax withholding on the vesting, 5,684 shares were withheld at $75.09 per share, generating approximately $426,811 in tax payments. The net shares delivered to him were 4,483.
• The filing shows the conversion/exercise of the RSU awards (transaction code M) and share-withholdings to cover tax liabilities (transaction code F). No cash purchase or open-market sale of additional shares was reported.

Key Details

• Transaction date: May 16, 2026; Form 4 filed May 19, 2026.
• Vesting/conversion: 10,167 shares total (breakdown in filing: 1,133; 2,472; 2,520; 4,042).
• Shares withheld for taxes: 634; 1,382; 1,409; 2,259 = 5,684 shares withheld at $75.09 each (total ≈ $426,811).
• Net shares delivered to insider: 4,483.
• Notable footnotes: RSUs convert one-for-one to common stock. Macdonald holds multiple RSU grants (Mar 2026, Mar 2025, Mar 2024, Mar 2023) that vest monthly (1/48 each month after initial vest). RSUs may be paid in cash or stock at the issuer’s election.
• The filing does not state total UBER shares owned by the reporting person after these transactions.

Context

• This was a routine vesting of restricted stock units (derivative conversion), not an open-market buy or voluntary sale. The withholding of shares to cover taxes is a common, administrative step and effectively reduces the net shares received.
• Transaction codes: M = exercise/conversion of derivative (RSU vesting); F = shares withheld to pay tax obligations. This is not an indicator of a market-directional purchase or sale beyond the routine tax withholding.