Uber affiliate Neben Holdings sells 67.5M Aurora (NASDAQ: AUR) shares
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
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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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 67,500,000 | $7.10 | $479.25M |
Footnotes (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.