Form 4: Aurora Innovation CFO David Maday Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Chief Financial Officer of Aurora Innovation, David Maday, disposed of shares to cover tax obligations related to vesting Restricted Stock Units.
Summary
- David Maday, the CFO of Aurora Innovation, disposed of 51,527 shares of Class A Common Stock on May 20, 2025, at a price of $6.28 per share.
- The transaction was conducted to cover tax withholding obligations upon the vesting of Restricted Stock Units (RSUs).
- Following the transaction, Maday still beneficially owns 1,655,486 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to insider transactions. It doesn't inherently convey positive or negative sentiment, as it simply reports factual information.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders. This transaction is related to tax obligations, which is a common reason for insider sales.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders, as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| March 15, 2022 | Date of grant of Restricted Stock Units, part of which vested quarterly. |
| June 14, 2023 | Date of grant of Restricted Stock Units, part of which vested quarterly. |
| March 8, 2024 | Date of grant of Restricted Stock Units, part of which vested quarterly. |
| March 24, 2025 | Date of grant of Restricted Stock Units, part of which vested quarterly. |
| May 20, 2025 | Date of transaction: disposal of shares to cover tax obligations. |
| May 22, 2025 | Date of signature on the Form 4 filing. |
Keywords
Aurora Innovation, David Maday, CFO, Class A Common Stock, Restricted Stock Units, Tax Withholding, Beneficial Ownership, Form 4, SEC
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