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Aurora Innovation (AUR) CFO reports 39,144-share tax withholding on RSU vest

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Aurora Innovation, Inc. Chief Financial Officer David Maday reported a tax-related share disposition. On February 20, 2026, the company withheld 39,144 shares of Class A common stock at $4.86 per share to cover his tax withholding obligations upon quarterly vesting of multiple Restricted Stock Unit grants.

After this transaction, Maday directly held 1,353,536 Class A shares. Separately, indirect holdings are reported as 79,874 shares held by The Maday Irrevocable Gift Trust F/B/O Blake J. Maday and 79,873 shares held by The Maday Irrevocable Gift Trust F/B/O Samantha L. Maday.

Positive

  • None.

Negative

  • None.
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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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)
02/20/2026
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 02/20/2026 F 39,144(1) D $4.86 1,353,536 D
Class A Common Stock 79,874 I Held by The Maday Irrevocable Gift Trust F/B/O Blake J. Maday
Class A Common Stock 79,873 I Held by The Maday Irrevocable Gift Trust F/B/O Samantha L. Maday
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) 1,515 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) 14,702 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) 7,786 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:
/s/ Yijun Han, Attorney-in-fact for David Maday 02/20/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Aurora Innovation (AUR) disclose for CFO David Maday?

Aurora Innovation reported that CFO David Maday had 39,144 Class A shares withheld to satisfy tax obligations from vesting Restricted Stock Units. This is coded as a tax-withholding disposition, not an open-market buy or sell transaction.

How many Aurora Innovation (AUR) shares does CFO David Maday hold after the reported Form 4?

Following the tax-withholding disposition, CFO David Maday directly holds 1,353,536 shares of Aurora Innovation Class A common stock. The filing also reports additional indirect holdings through two irrevocable gift trusts for Blake J. Maday and Samantha L. Maday.

What is the nature of the 39,144 Aurora Innovation (AUR) shares disposed in the Form 4?

The 39,144 Class A shares were withheld by Aurora Innovation to cover CFO David Maday’s tax withholding obligations. These arose from quarterly vesting of several Restricted Stock Unit grants made in 2022, 2023, 2024, and 2025.

What indirect Aurora Innovation (AUR) holdings are reported for entities related to David Maday?

The filing shows 79,874 Class A shares held by The Maday Irrevocable Gift Trust F/B/O Blake J. Maday and 79,873 shares held by The Maday Irrevocable Gift Trust F/B/O Samantha L. Maday. These positions are reported as indirect ownership interests.

Does the Aurora Innovation (AUR) Form 4 show any open-market buying or selling by the CFO?

No open-market purchases or sales are indicated. The Form 4 lists a tax-withholding disposition of 39,144 shares related to vesting RSUs, coded as payment of tax liability by delivering securities rather than an open-market trade.
Aurora Innovation Inc

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Information Technology Services
Services-computer Integrated Systems Design
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United States
PITTSBURGH