AUR Form 4: Officer Fisher Ossa 59,535 shares withheld for taxes
Rhea-AI Filing Summary
Fisher Ossa, an officer and director of Aurora Innovation, Inc. (AUR), reported a transaction on 08/20/2025 in which 59,535 shares of Class A common stock were disposed of at $5.98 per share. The filing explains these shares were withheld by the issuer to satisfy tax withholding for quarterly vesting of Restricted Stock Units granted on March 8, 2023 (49,188 shares withheld), March 8, 2024 (3,514 shares withheld), and March 24, 2025 (6,833 shares withheld). After the reported disposition, the reporting person beneficially owned 1,912,097 shares of Class A common stock. The Form 4 was signed by an attorney-in-fact on behalf of Fisher Ossa on 08/21/2025.
Positive
- Transparent explanation provided: the filing clearly states the withheld shares were for tax withholding on RSU vesting and breaks down amounts by grant date
- Substantial retained ownership: after withholding, the reporting person still beneficially owns 1,912,097 shares, indicating continued alignment with shareholders
Negative
- Reduction in holdings: the reporting person disposed of 59,535 shares via issuer withholding, decreasing their share count
- Transaction price disclosed at $5.98 which may be below prior ownership cost basis for some grants (cost basis not provided in filing)
Insights
TL;DR Routine tax-withholding sale of vested RSUs; no executive-initiated market sale disclosed.
The Form 4 documents a common administrative disposition where the issuer withheld shares to cover tax obligations from RSU vesting. The filing itemizes withheld amounts by grant date, indicating these were not open-market sales or transfers to third parties. For governance oversight, this is a routine compensation-related adjustment and does not reflect a deliberate insider sale for liquidity.
TL;DR Non-material, administrative reduction of holdings; ownership remains substantial at ~1.91M shares.
The disposition of 59,535 shares at $5.98 is explained as tax withholding upon RSU vesting across three grants. The report shows the reporting person retains 1,912,097 shares after withholding. This transaction is administrative in nature and the filing provides transparent breakdowns by grant year, which supports clarity for investors monitoring insider ownership.