Aurora Innovation CFO reports 51,530-share withholding to cover RSU taxes

Rhea-AI Filing Summary

David Maday, Chief Financial Officer of Aurora Innovation, Inc. (AUR), reported a reported disposition of 51,530 shares of Class A common stock on 08/20/2025 at a price of $5.98 per share. The filing states these shares were withheld by the issuer to satisfy tax withholding obligations arising from quarterly vesting of restricted stock units granted on March 15, 2022; June 14, 2023; March 8, 2024; and March 24, 2025, with a detailed per-grant withholding breakdown included in the form. After the transaction, the reporting person beneficially owned 1,603,956 shares of Class A common stock. The Form 4 was signed by an attorney-in-fact on 08/21/2025.

Insights

Financial Analyst

TL;DR: CFO tax-withholding share disposition of 51,530 shares; routine, non-economic sale related to RSU vesting.

The Form 4 documents a disposition coded 'F' for 51,530 Class A shares at $5.98 per share, explicitly described as shares withheld by the issuer to cover tax obligations from RSU vestings across four grant dates. This is an administrative disposal rather than a voluntary market sale for cash, and the filing shows the reporting person retains substantial beneficial ownership at 1,603,956 shares. From a financial perspective, the transaction does not alter ownership control materially and appears to be a routine compensation-related withholding event.

Corporate Governance Expert

TL;DR: Reported withholding for tax on vested RSUs is a standard insider reporting item with limited governance implications.

The disclosure clearly ties the 51,530-share disposition to tax withholding on vested restricted stock units from four separate grant dates. The filing follows Section 16 reporting requirements and includes an executed signature by an attorney-in-fact. There are no indications of unexpected departures, related-party transactions, or other governance concerns in the text provided. The retained beneficial ownership level remains high, suggesting no immediate change to insider alignment with shareholders.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Maday David

(Last) (First) (Middle)

C/O AURORA INNOVATION, INC.

1654 SMALLMAN STREET

(Street)

PITTSBURGH PA 15222

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Aurora Innovation, Inc. [ AUR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/20/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	08/20/2025		F		51,530(1)	D	$5.98	1,603,956	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents (i) 1,351 shares of Class A common stock withheld by the Issuer to cover the reporting person's tax withholding obligation upon the quarterly vesting of Restricted Stock Units granted on March 15, 2022; (ii) 27,251 shares of Class A common stock withheld by the Issuer to cover the reporting person's tax withholding obligation upon the quarterly vesting of Restricted Stock Units granted on June 14, 2023; (iii) 7,787 shares of Class A common stock withheld by the Issuer to cover the reporting person's tax withholding obligation upon the quarterly vesting of Restricted Stock Units granted on March 8, 2024; and (iv) 15,141 shares of Class A common stock withheld by the Issuer to cover the reporting person's tax withholding obligation upon the quarterly vesting of Restricted Stock Units granted on March 24, 2025.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Yijun Han, Attorney-in-fact for David Maday	08/21/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What transaction did David Maday report on Form 4 for AUR?

The filing reports a disposition of 51,530 shares of Class A common stock on 08/20/2025 at a price of $5.98 per share.

Why were the 51,530 AUR shares disposed of according to the Form 4?

The shares were withheld by the issuer to cover the reporting person’s tax withholding obligations upon quarterly vesting of restricted stock units from grants on specific dates.

How many AUR shares did David Maday beneficially own after the reported transaction?

After the transaction, the Form 4 reports beneficial ownership of 1,603,956 shares of Class A common stock.

Which RSU grant dates are referenced in the withholding explanation?

The filing lists RSU grant dates of March 15, 2022, June 14, 2023, March 8, 2024, and March 24, 2025.

Who signed the Form 4 for David Maday and when?

The Form 4 was signed by Yijun Han, Attorney-in-fact for David Maday on 08/21/2025.