Uber unit sells 67.5M Aurora shares, keeps 15.6%
Uber Technologies, Inc., through its wholly owned subsidiary Neben Holdings, LLC, sold 67,500,000 shares of Aurora Innovation, Inc. Class A common stock in a block sale at $7.10 per share on June 2, 2026.
Rhea-AI Filing Summary
Uber Technologies, Inc., through its wholly owned subsidiary Neben Holdings, LLC, sold 67,500,000 shares of Aurora Innovation, Inc. Class A common stock in a block sale at $7.10 per share on June 2, 2026. After this sale, Uber reports beneficial ownership of 258,473,411 Aurora Class A shares, representing about 15.6% of the 1,653,863,906 Class A shares outstanding as of April 29, 2026. The amended Schedule 13D also states Uber has sole voting and dispositive power over these shares and currently has no specific plans for further corporate actions involving Aurora beyond what is described.
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Insights
Uber reduces its Aurora stake via a large block sale but remains a major shareholder.
Uber Technologies, Inc. reports that its subsidiary Neben Holdings, LLC sold 67,500,000 shares of Aurora Innovation Class A stock at $7.10 per share in a block trade with a financial institution. This is a single, negotiated transaction rather than open‑market dribbling.
After the sale, Uber still beneficially owns 258,473,411 Class A shares, about 15.6% of Aurora’s 1,653,863,906 Class A shares outstanding as of April 29, 2026, with sole voting and dispositive power. The filing notes no current plans for additional acquisitions, disposals, or structural actions beyond this transaction.
The change is notable because it updates Aurora’s ownership landscape while keeping Uber as a significant holder. Future company filings from Aurora or Uber may clarify any strategic implications if their relationship evolves further.
Key Figures
Key Terms
Schedule 13D regulatory
beneficial owner financial
block sale financial
sole voting power financial
dispositive power financial
Class B common stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What change in Aurora Innovation (AUR) ownership does Uber report?
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Does Uber retain voting and dispositive power over its Aurora (AUR) stake?
Does the amended Schedule 13D for Aurora (AUR) indicate further planned transactions by Uber?
AI-generated analysis. How Rhea-AI works. Not financial advice.