Form 4: Aurora Innovation Director Receives Stock
Statement of Changes in Beneficial Ownership
Aurora Innovation, Inc. reports that Director Brittany Bagley converted her cash retainer into 3,241 shares of Class A common stock on July 1, 2026.
Summary
- Brittany Bagley, a Director at Aurora Innovation, Inc., has converted her cash retainer into company stock.
- The transaction, which occurred on July 1, 2026, resulted in Bagley acquiring 3,241 shares of Class A Common Stock.
- This conversion is part of a pre-existing plan where outside directors elect to receive their cash retainer in the form of restricted stock units.
- The number of shares received was determined by dividing the second quarter cash retainer earned by Bagley as of June 30, 2026, by the average closing stock price over the 20 trading days prior to July 1, 2026.
- Following this transaction, Bagley beneficially owns 447,973 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it reports a standard director compensation transaction rather than new financial results or strategic developments.
Positives
- Director compensation is being aligned with shareholder interests through stock ownership.
- The conversion is part of a pre-established plan, indicating a structured approach to director compensation.
- Bagley's beneficial ownership of 447,973 shares demonstrates a significant personal investment in the company.
Future Outlook
This filing does not contain forward-looking statements or guidance regarding future company performance. It solely reports a change in beneficial ownership due to a director compensation conversion.
Industry Context
StockSavvy.ai notes that the conversion of director cash retainers into company stock is a common practice in the technology and automotive sectors, aligning executive and director incentives with shareholder value.
Stakeholder Impact
- Shareholders: The conversion of cash compensation to stock may be viewed positively as it aligns director interests with shareholders. The increase in shares outstanding is minimal and part of a planned compensation structure.
Key Dates
| Date | Description |
|---|---|
| 07/01/2026 | Earliest transaction date and grant date for stock conversion. |
| 06/30/2026 | Date as of which the second quarter cash retainer was earned. |
Keywords
Aurora Innovation, Form 4, Director Compensation, Stock Award, Class A Common Stock, Brittany Bagley, SEC Filing, Beneficial Ownership
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