Uber COO Puts $5M on the Line in Open-Market Buy

UBER President and COO Andrew Gordon MacDonald filed two open-market share purchases on September 8, disclosing trades made on September 4. Combined, he spent roughly $5.3 million buying 70,000 shares at an average price near $76. That is a discretionary purchase, not a pre-arranged 10b5-1 plan sale, which makes it a stronger signal of personal conviction.

The stock carries short interest of just 2.4% of free float, so this is not a short-squeeze story. It reads more as an executive adding meaningfully to his own stake while the shares trade well off their highs.

Elsewhere in the latest filing window, two directors at HELP (Helus Pharma) each put in just over $1.2 million at prices around $12, a cluster of buying from the board that stands out for a small-cap name.

Among non-US trades, JPMorgan Chase trimmed positions across several Hong Kong-listed names including Kingdee International Software (ticker 268) and Sunny Optical (ticker 2382) in early September, with combined disclosed sales exceeding $155 million. Those reflect institutional threshold filings rather than executive-level conviction.

The most recent data in the vendor table runs to September 8. Fresher US EDGAR filings were not available via this data layer today, so the picture for October activity remains incomplete. Investors should check SEC EDGAR directly for the most current Form 4 disclosures.