Aurora director Reid Hoffman granted 36,547 RSUs
Hoffman Reid reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Hoffman Reid reported acquisition or exercise transactions in this Form 4 filing.
Aurora Innovation director Reid Hoffman reported a compensation-related stock award. He received 36,547 restricted stock units (RSUs) of Class A Common Stock at a price of $0.00 per share, bringing his directly held Class A shares to 354,669.
Each RSU represents one share and will vest 100% on the earlier of May 21, 2027 or the day before Aurora’s next annual stockholder meeting following May 21, 2026, subject to his continued service. The filing also lists several large indirect holdings in Aurora stock through entities such as Reinvent Sponsor Y LLC, Reprogrammed Interchange LLC, Programmable Exchange LLC, and various Greylock 15 partnerships, where Hoffman may be deemed a beneficial owner but formally disclaims ownership beyond his pecuniary interest.
Insider Trade Summary
Grant/Award: 36,547 shares
Grant/Award
7 txns
Insider
Hoffman Reid
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 36,547 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 354,669 shares (Direct);
Class A Common Stock — 7,387,680 shares (Indirect, See Footnote);
Class A Common Stock — 1,202,354 shares (Indirect, See Footnotes)
Footnotes (8)
- F1. The reported securities are represented by restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A Common Stock. 100% of the RSUs will vest on the earlier of (i) May 21, 2027 or (ii) the day prior to the date of the Issuer's next annual stockholders meeting following May 21, 2026, in each case, subject to the reporting person's continued service through the applicable vesting date.
- F2. Reflects securities held directly by Reinvent Sponsor Y LLC (the "Sponsor"). The reporting person may be deemed a beneficial owner of securities held by the Sponsor by virtue of his shared control over and indirect pecuniary interest in the Sponsor. The reporting person disclaims beneficial ownership of the securities held by the Sponsor, except to the extent of his pecuniary interest therein.
- F3. Reflects securities held by Reprogrammed Interchange LLC ("Reprogrammed"). The reporting person may be deemed a beneficial owner of securities held by Reprogrammed by virtue of his shared control over and indirect pecuniary interest in Reprogrammed. The reporting person disclaims beneficial ownership of the securities held by Reprogrammed, except to the extent of his pecuniary interest therein.
- F4. Reflects securities held by Programmable Exchange LLC ("Programmable"). The reporting person may be deemed a beneficial owner of securities held by Programmable by virtue of his voting and investment power over such securities. The reporting person disclaims beneficial ownership of the securities held by Programmable, except to the extent of his pecuniary interest therein.
- F5. Greylock 15 GP LLC ("Greylock LLC") is the general partner of each of Greylock 15 Limited Partnership ("Greylock 15"), Greylock 15 Principals Limited Partnership ("Greylock Principals"), and Greylock 15-A Limited Partnership ("Greylock 15-A"). By virtue of being a managing member of Greylock LLC, the reporting person may be deemed a beneficial owner of the securities held by Greylock 15, Greylock Principals, and Greylock 15-A. The reporting person disclaims beneficial ownership of the securities held by Greylock 15, Greylock Principals, and/or Greylock 15-A, except to the extent of his pecuniary interest therein.
- F6. Reflects securities held directly by Greylock 15.
- F7. Reflects securities held directly by Greylock 15-A.
- F8. Reflects securities held directly by Greylock 15 Principals.
Key Figures
RSU grant: 36,547 RSUs
Grant price: $0.00 per share
Direct holdings after grant: 354,669 shares
+4 more
7 metrics
RSU grant
36,547 RSUs
Award of Class A Common Stock RSUs to director
Grant price
$0.00 per share
Reported price for RSU award
Direct holdings after grant
354,669 shares
Class A Common Stock directly held after RSU award
Indirect holding example 1
60,118 shares
One line of indirectly held Class A Common Stock
Indirect holding example 2
1,082,118 shares
Another line of indirectly held Class A Common Stock
Indirect holding example 3
5,162,315 shares
Largest single reported indirect Class A position
RSU vesting date
May 21, 2027
Latest possible full vesting date, subject to continued service
Key Terms
restricted stock units ("RSUs"), Class A Common Stock, beneficial owner, pecuniary interest, +1 more
5 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.
beneficial owner financial
"The reporting person may be deemed a beneficial owner of securities held by the Sponsor..."
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.
pecuniary interest financial
"The reporting person disclaims beneficial ownership... except to the extent of his pecuniary interest therein."
managing member financial
"By virtue of being a managing member of Greylock LLC, the reporting person may be deemed a beneficial owner..."
A managing member is an owner of a limited liability company (LLC) who also has the authority and responsibility to run the company’s day-to-day operations and make business decisions on behalf of the LLC. For investors, this matters because the managing member holds the key decision-making power and accountability—like a team captain who both owns part of the team and calls the plays—which affects strategy, risk, and how quickly the company can act.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Reid Hoffman report in this Aurora Innovation (AUR) Form 4?
Reid Hoffman reported an award of 36,547 restricted stock units in Aurora Innovation. These RSUs are a form of equity compensation and increased his directly held Class A Common Stock position to 354,669 shares, according to the Form 4 filing.
How do Reid Hoffman’s new RSUs in Aurora Innovation (AUR) vest?
The 36,547 Aurora RSUs vest 100% on the earlier of May 21, 2027, or the day before the company’s next annual stockholders meeting after May 21, 2026. Vesting is conditional on Hoffman continuing to serve through the applicable vesting date.
What are Reid Hoffman’s direct Aurora Innovation (AUR) holdings after this Form 4?
After the RSU grant, Hoffman directly holds 354,669 shares of Aurora’s Class A Common Stock. This figure reflects his direct ownership only and is separate from additional indirect holdings reported through various investment entities.
What indirect Aurora Innovation (AUR) holdings associated with Reid Hoffman are disclosed?
The filing lists indirect Aurora holdings through entities including Reinvent Sponsor Y LLC, Reprogrammed Interchange LLC, Programmable Exchange LLC and several Greylock 15 partnerships. Hoffman may be deemed a beneficial owner, but he disclaims ownership beyond his pecuniary interest in those entities.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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