Macdonald Andrew 4

What Happened Andrew Macdonald, President and Chief Operating Officer of Uber Technologies (UBER), had a tranche of restricted stock units (RSUs vest) on June 16, 2026. A total of 10,168 RSUs converted into common shares. To satisfy the related tax withholding, 5,685 shares were withheld at $73.25 per share, generating $416,427 in tax withholding. The remaining net shares retained by Macdonald are 4,483 shares (approx. $328,380 at $73.25/share). The Form 4 was filed June 18, 2026 (timely).

Key Details

• Transaction date: June 16, 2026; Form 4 filed June 18, 2026.
• Conversion/vesting: 10,168 RSUs converted into common stock (reported as derivative exercise/conversion, code M).
• Tax withholding: 5,685 shares withheld to satisfy tax liability at $73.25/share, total $416,427 (reported as code F).
• Net shares retained: 4,483 shares (10,168 − 5,685); estimated value ≈ $328,380 at $73.25/share.
• Shares owned after transaction: not specified in the filing excerpt provided.
• Notable footnotes: multiple RSU grants referenced (Mar 1, 2023; Mar 1, 2024; Mar 3, 2025; Mar 2, 2026) with monthly vesting schedules; RSUs convert one-for-one into common stock and may be paid in cash or stock at the issuer’s election.
• Transaction codes: M = exercise/conversion of derivative (RSU vesting), F = shares withheld to satisfy tax liability.

Context This was a routine RSU vesting event with shares withheld to cover taxes (a common practice, similar to a cashless exercise), not an open-market sale or purchase. Such withholding reduces the number of new shares the insider actually receives but is a standard administrative step and not necessarily a signal of bullish or bearish intent. The reporting person is an officer (President & COO), not a 10% owner.