Research Summary
AI-generated summary of this SEC filing
Uber COO Andrew Macdonald Buys 70,000 Shares
What Happened Andrew Macdonald, President and Chief Operating Officer of Uber Technologies (UBER), made open-market purchases on September 4, 2026. He acquired 54,325 shares at a reported weighted-average price of $75.65 (total $4,109,827) and 15,675 shares at a reported weighted-average price of $76.44 (total $1,198,236), for a combined 70,000 shares costing $5,308,063. These were direct purchases (transaction code P).
Key Details
- Transaction date: September 4, 2026 (filed on September 8, 2026). Filing was within the SEC’s 2-business-day window and therefore timely.
- Reported prices and totals: 54,325 shares @ $75.65 = $4,109,827; 15,675 shares @ $76.44 = $1,198,236; combined = 70,000 shares / $5,308,063.
- Footnotes: Prices are weighted averages. Footnote F1 indicates those shares traded between $75.23 and $76.22; F2 indicates a range of $76.23 to $76.85. The reporting person can provide a breakdown of quantities at each price on request.
- Shares owned after transaction: Not specified in this Form 4 filing.
- Role noted in filing: President and Chief Operating Officer.
Context These were straightforward open-market purchases (not option exercises, awards, or gifts). Insider purchases are often watched closely by investors because they can signal confidence, but they are just one data point and do not, by themselves, prove future performance. The filing shows the purchases were reported promptly and includes footnotes explaining the weighted-average pricing ranges.