Uber COO Buys $4M as JPMorgan Cuts Hong Kong Tech Stakes

The most striking C-level open-market purchase in the latest SEC filings came from UBER. Andrew Gordon MacDonald, President and COO, filed on 8 September that he bought 54,325 shares on 4 September, paying roughly $75.65 per share for a total of $4.1 million. Discretionary purchases by operating chiefs are a strong signal. MacDonald now holds a meaningful personal stake tied to the company's performance.

Across global markets, JPMorgan Chase filed disclosures on 8 September showing it had trimmed positions in three Hong Kong-listed technology and consumer names. It sold $84.9 million worth of Kingdee International Software shares and $70.8 million of Sunny Optical Technology stock, both traded on 2 September. It also cut $19.9 million from Shenzhou International. Against that selling, JPMorgan added $26.9 million to Huaneng Power International, a state-owned utility.

In Turkey, a split emerged at Burçelik Vana. Asset manager Bulls Portföy sold $13.6 million of shares on 7 September, filing the same day. Chairman Umit Gumus moved in the opposite direction, buying $12.9 million worth on the same date. A chairman buying into an institutional sell-off is a notable divergence worth watching.

Note: the EDGAR Form 4 first-party tables were unavailable in this environment, so US insider data relied on the vendor table, which is current only to 8 September 2026. More recent filings could not be retrieved. No fresh Schedule 13D activist filings were accessible via the available schema.