Form 4: Aurora Innovation CEO Transfers Shares to Family Trust

Christopher Urmson, CEO of Aurora Innovation, transferred 33,792 shares of Class A common stock to the Urmson 2022 Irrevocable Family Trust on May 20, 2024.

Summary

• On May 20, 2024, Christopher Urmson, the CEO of Aurora Innovation, transferred 33,792 shares of Class A common stock to the Urmson 2022 Irrevocable Family Trust.
• The transfer was made for no consideration.
• Urmson is a trustee of the trust, and his immediate family members are the sole beneficiaries.
• As a trustee, Urmson may be deemed a beneficial owner of the securities held by the trust.
• Following the transaction, Urmson directly owns 0 shares of Class A Common Stock and indirectly owns 485,127 shares through the Urmson 2022 Irrevocable Family Trust.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing regarding a share transfer. It doesn't inherently convey positive or negative sentiment about the company's performance or prospects.

Industry Context

This is a routine disclosure of insider transactions and doesn't necessarily reflect a change in the company's outlook or performance.

Related Party Transactions

• The transfer of shares to the Urmson 2022 Irrevocable Family Trust is a related party transaction.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a transfer of shares to a family trust and does not involve a change in the overall ownership structure or control of the company.

Key Dates