Form 4: Aurora Innovation President Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Ossa Fisher, President of Aurora Innovation, sold shares of Class A common stock to cover tax withholding obligations related to vesting Restricted Stock Units.
Summary
- Ossa Fisher, President of Aurora Innovation, Inc., reported a transaction involving the sale of Class A Common Stock on August 20, 2024.
- The sale was conducted to cover tax withholding obligations arising from the vesting of Restricted Stock Units (RSUs).
- A total of 52,702 shares were sold at a price of $3.78 per share.
- Following the transaction, Fisher directly owns 1,839,139 shares of Class A Common Stock.
Sentiment
Score: 6
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction to cover tax obligations. It doesn't inherently convey positive or negative sentiment about the company's prospects.
Industry Context
Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among corporate executives and do not necessarily indicate a lack of confidence in the company.
Key Dates
| Date | Description |
|---|---|
| March 8, 2023 | Date of grant for some of the Restricted Stock Units. |
| March 8, 2024 | Date of grant for some of the Restricted Stock Units. |
| August 20, 2024 | Date of the transaction (sale of shares). |
| August 21, 2024 | Date of signature for the Form 4 filing. |
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