Aurora Innovation (AUR) director receives 73,094 RSUs with staged vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Caimi Lara reported acquisition or exercise transactions in this Form 4 filing.
Aurora Innovation, Inc. director Caimi Lara reported receiving an equity compensation award in the form of 73,094 restricted stock units (RSUs), each representing one share of Class A Common Stock upon vesting.
The award consists of two equal tranches of 36,547 RSUs. One tranche will vest in three equal installments on May 21, 2027, May 21, 2028 and May 21, 2029, subject to continued service. The second tranche will vest in full on the earlier of May 21, 2027 or the day prior to Aurora’s next annual stockholders meeting following May 21, 2026, also conditioned on continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Caimi Lara
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 73,094 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 73,094 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 73,094 RSUs
First RSU tranche: 36,547 RSUs
Second RSU tranche: 36,547 RSUs
+2 more
5 metrics
RSUs granted
73,094 RSUs
Equity award reported on Form 4
First RSU tranche
36,547 RSUs
Vests one-third on May 21, 2027, 2028, 2029
Second RSU tranche
36,547 RSUs
Vests in full on earlier of May 21, 2027 or pre-next annual meeting
Shares after transaction
73,094 shares
Total Class A Common Stock underlying RSUs following grant
Transaction date
May 21, 2026
Date of RSU grant
Key Terms
restricted stock units ("RSUs"), Class A Common Stock, annual stockholders meeting, vesting
4 terms
restricted stock units ("RSUs") financial
"The reported securities are represented by restricted stock units ("RSUs")."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Class A Common Stock financial
"Each RSU represents a contingent right to receive one share of Class A Common Stock."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
annual stockholders meeting financial
"vest on the earlier of (1) May 21, 2027 or (2) the day prior to the date of the Issuer's next annual stockholders meeting"
vesting financial
"subject to the reporting person's continued service through the applicable vesting date."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did Aurora Innovation (AUR) director Caimi Lara report on this Form 4?
Director Caimi Lara reported receiving an equity grant of 73,094 restricted stock units. Each RSU represents a right to receive one share of Aurora Innovation Class A Common Stock if and when the applicable vesting conditions are satisfied.
How many Aurora Innovation (AUR) RSUs were granted to Caimi Lara?
The grant covers 73,094 restricted stock units in total. These RSUs are split into two equal tranches of 36,547 units each, with different vesting schedules tied to specific future dates and continued service with Aurora Innovation.
How do the Aurora Innovation (AUR) RSUs granted to Caimi Lara vest?
One 36,547-unit tranche vests in three equal parts on May 21, 2027, May 21, 2028, and May 21, 2029. The other 36,547 RSUs vest fully on the earlier of May 21, 2027, or the day before Aurora’s next annual stockholders meeting after May 21, 2026.
Is the RSU grant to Aurora Innovation (AUR) director Caimi Lara performance-based?
The filing describes the award as time-vested restricted stock units. Vesting is conditioned on Lara’s continued service through specified dates, rather than on performance metrics, according to the detailed vesting language in the footnote.
What does each Aurora Innovation (AUR) RSU granted to Caimi Lara represent?
Each restricted stock unit represents a contingent right to receive one share of Aurora Innovation Class A Common Stock. Shares are delivered only if the RSUs vest under the time-based schedule and Lara remains in qualifying service through each vesting date.