STOCK TITAN

Uber affiliate Neben Holdings sells 67.5M Aurora (NASDAQ: AUR) shares

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Aurora Innovation, Inc. reported a large shareholder transaction involving an affiliate of Uber Technologies. On June 2, 2026, Neben Holdings, LLC, a wholly owned subsidiary of Uber, sold 67,500,000 shares of Aurora Class A common stock to a financial institution in a block sale at $7.10 per share. Following this open-market sale, the reporting person is shown as directly owning 258,473,411 shares of Aurora Class A common stock. This filing highlights a significant reduction in the block held by an Uber-affiliated entity while it continues to retain a substantial equity position in Aurora.

Positive

  • None.

Negative

  • None.

Insights

Uber affiliate sells a large Aurora block but still holds sizable stake.

The filing shows Neben Holdings, LLC, a wholly owned subsidiary of Uber Technologies, executed a block sale of 67,500,000 Aurora Class A shares at $7.10 per share on June 2, 2026. This was an open-market or privately negotiated block trade with a financial institution.

After the transaction, the reporting person’s direct holdings in Aurora are reported at 258,473,411 shares of Class A common stock, indicating that although the sale was large in absolute terms, the Uber-affiliated entities continue to hold a substantial position. The transaction was also reported on an amended Schedule 13D, underscoring its relevance for ownership disclosures.

The filing does not describe any trading plan or derivative activity, and the derivative position table is empty, so the key focus is the single, sizable cash equity sale. Future company filings may provide additional context on how Aurora’s shareholder base evolves after this institutional block transfer.

Insider Uber Technologies, Inc
Role null
Sold 67,500,000 shs ($479.25M)
Type Security Shares Price Value
Sale Class A Common Stock 67,500,000 $7.10 $479.25M
Holdings After Transaction: Class A Common Stock — 258,473,411 shares (Direct, null)
Footnotes (1)
  1. On June 2, 2026, Neben Holdings, LLC, a wholly-owned subsidiary of the Reporting Person, sold 67,500,000 shares of Class A Common Stock to a financial institution in a block sale transaction at a price per share of $7.10. Transaction was reported on Schedule 13D/A filed by the Reporting Person with the Securities and Exchange Commission ("SEC") on June 4, 2026. Neben Holdings, LLC is the record holder of the Class A common stock of the Issuer.
Shares sold 67,500,000 shares Class A Common Stock sold on June 2, 2026
Sale price $7.10 per share Block sale transaction to a financial institution
Holdings after transaction 258,473,411 shares Class A Common Stock directly held following sale
Net shares sold 67,500,000 shares Net sell direction in transaction summary
Transaction code S Sale in open market or private transaction
block sale transaction financial
"sold 67,500,000 shares of Class A Common Stock to a financial institution in a block sale transaction"
Schedule 13D/A regulatory
"Transaction was reported on Schedule 13D/A filed by the Reporting Person"
A Schedule 13D/A is an amended disclosure filed with regulators by an investor who already reported owning more than 5% of a company’s shares and needs to update their original filing. Think of it as a public status update that tells markets whether the investor’s ownership, plans, or source of funds have changed; such updates matter because they can signal a push for control, major strategic moves, or increased pressure on management, which can affect stock prices.
ten percent owner regulatory
"is_ten_percent_owner": 1"
Class A Common Stock financial
"sold 67,500,000 shares of Class A Common Stock to a financial institution"
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.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
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SEC Form 4
FORM 4UNITED 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*
Uber Technologies, Inc

(Last)(First)(Middle)
1725 3RD STREET

(Street)
SAN FRANCISCO CALIFORNIA 94158

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Aurora Innovation, Inc. [ AUR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/02/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock06/02/2026S(1)(2)67,500,000D$7.1258,473,411D(3)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. On June 2, 2026, Neben Holdings, LLC, a wholly-owned subsidiary of the Reporting Person, sold 67,500,000 shares of Class A Common Stock to a financial institution in a block sale transaction at a price per share of $7.10.
2. Transaction was reported on Schedule 13D/A filed by the Reporting Person with the Securities and Exchange Commission ("SEC") on June 4, 2026.
3. Neben Holdings, LLC is the record holder of the Class A common stock of the Issuer.
/s/ Carolyn Mo, Sr. Director, Corporate and Assistant Corporate Secretary06/04/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Uber Technologies’ affiliate do in this Aurora (AUR) Form 4?

An Uber Technologies subsidiary, Neben Holdings, LLC, sold 67,500,000 shares of Aurora Class A common stock. The shares were transferred in a single block sale to a financial institution at $7.10 per share, reducing but not eliminating Uber’s indirect stake.

How many Aurora (AUR) shares were sold and at what price?

Neben Holdings, LLC sold 67,500,000 Aurora Class A shares at $7.10 per share. This was executed as a block sale transaction to a financial institution, as disclosed in the Form 4 footnotes and cross-referenced to an amended Schedule 13D filing.

Who actually held and sold the Aurora (AUR) shares reported by Uber?

The shares were held and sold by Neben Holdings, LLC, a wholly owned subsidiary of Uber Technologies. The footnotes state that Neben Holdings is the record holder of Aurora’s Class A common stock and executed the block sale to a financial institution on June 2, 2026.

How many Aurora (AUR) shares does the reporting person hold after the sale?

After the transaction, the Form 4 reports that the reporting person directly holds 258,473,411 shares of Aurora Class A common stock. This figure reflects the position immediately following the 67,500,000-share block sale disclosed for June 2, 2026.

What type of transaction was reported in Aurora (AUR)’s Form 4 for Uber?

The Form 4 characterizes the event as an open-market sale, coded “S.” Footnotes clarify it was a block sale transaction where Neben Holdings, LLC sold 67,500,000 Aurora Class A shares at $7.10 per share to a financial institution on June 2, 2026.

Was the large Aurora (AUR) share sale also disclosed outside this Form 4?

Yes. A footnote explains that the transaction was also reported on a Schedule 13D/A filed by the reporting person with the SEC on June 4, 2026. This separate filing addresses changes in beneficial ownership of Aurora shares.