AUR CFO reports 54,412-share tax withholding
Aurora Innovation, Inc. Chief Financial Officer David Maday reported a routine share disposition related to tax withholding, not an open-market sale.
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Form Type
4
Rhea-AI Filing Summary
Aurora Innovation, Inc. Chief Financial Officer David Maday reported a routine share disposition related to tax withholding, not an open-market sale. On May 20, 2026, the issuer withheld 54,412 shares of Class A Common Stock at $6.94 per share to cover Maday’s tax obligations on quarterly vesting of multiple Restricted Stock Unit grants. After this tax-withholding disposition, Maday directly held 1,954,504 shares of Class A Common Stock, and trusts for family members held 79,873 and 79,874 shares indirectly.
Insider Trade Summary
Exercise Price or Tax Liability: 54,412 shares
Exercise Price or Tax Liability
3 txns
Insider
Maday David
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 54,412 | $6.94 | $378K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 1,954,504 shares (Direct);
Class A Common Stock — 79,874 shares (Indirect, Held by The Maday Irrevocable Gift Trust F/B/O Blake J. Maday);
Class A Common Stock — 79,873 shares (Indirect, Held by The Maday Irrevocable Gift Trust F/B/O Samantha L. Maday)
Footnotes (2)
- F1. Represents (i) 13,626 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; (ii) 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; (iii) 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; and (iv) 17,859 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 23, 2026.
- F2. The reporting person is a trustee of the trust. The reporting person, in such capacity, may be deemed a beneficial owner of the securities held by the trust.
Key Figures
Tax-withholding shares: 54,412 shares
Withholding price: $6.94 per share
Direct holdings after transaction: 1,954,504 shares
+3 more
6 metrics
Tax-withholding shares
54,412 shares
Class A Common Stock withheld for tax obligations
Withholding price
$6.94 per share
Price used for tax-withholding disposition
Direct holdings after transaction
1,954,504 shares
CFO direct Class A holdings following tax withholding
Trust holdings (Samantha L. Maday)
79,873 shares
Indirect Class A ownership via irrevocable gift trust
Trust holdings (Blake J. Maday)
79,874 shares
Indirect Class A ownership via irrevocable gift trust
RSU tax-withholding components
13,626; 7,786; 15,141; 17,859 shares
Shares withheld for four separate RSU grant vestings
Key Terms
Restricted Stock Units, tax withholding obligation, Irrevocable Gift Trust, beneficial owner, +1 more
5 terms
Restricted Stock Units financial
"upon the quarterly vesting of Restricted Stock Units granted on June 14, 2023"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligation financial
"withheld by the Issuer to cover the reporting person's tax withholding obligation upon the quarterly vesting"
Irrevocable Gift Trust financial
"Held by The Maday Irrevocable Gift Trust F/B/O Samantha L. Maday"
beneficial owner financial
"may be deemed a beneficial owner of the securities held by the trust"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition for 54,412 shares of Class A Common Stock"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did AUR CFO David Maday report on this Form 4?
Aurora Innovation CFO David Maday reported a tax-withholding disposition of 54,412 Class A shares. The issuer withheld these shares to satisfy income tax obligations triggered by quarterly vesting of several Restricted Stock Unit grants, rather than through any open-market sale transaction.
What RSU grants caused the Aurora Innovation (AUR) tax-withholding disposition for the CFO?
The tax-withholding disposition relates to quarterly vesting from four RSU grants. These were granted on June 14, 2023, March 8, 2024, March 24, 2025, and March 23, 2026. Shares from each vesting tranche were withheld to satisfy the associated income tax liabilities.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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