Form 4: Aurora Innovation CFO David Maday Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
David Maday, CFO of Aurora Innovation, sold 18,982 shares of Class A common stock on May 12, 2025, to cover tax obligations arising from the vesting of restricted stock units.
Summary
- On May 12, 2025, David Maday, the Chief Financial Officer of Aurora Innovation, Inc., disposed of 18,982 shares of Class A Common Stock.
- The transaction was executed to cover the reporting person's tax withholding obligation upon the vesting of restricted stock units granted on April 23, 2025.
- The shares were sold at a price of $7.28 per share.
- Following the transaction, Maday directly owns 1,707,013 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction to cover tax obligations and doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is a common occurrence where executives sell shares to cover tax obligations related to vesting equity.
Key Dates
| Date | Description |
|---|---|
| 04/23/2025 | Date of grant for restricted stock units. |
| 05/12/2025 | Date of transaction (stock sale). |
| 05/13/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Aurora Innovation, David Maday, CFO, Stock Sale, Tax Obligations, Class A Common Stock, Restricted Stock Units, Beneficial Ownership
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