Form 4: Reid Hoffman of Aurora Innovation, Inc. Reports Changes in Beneficial Ownership

Reid Hoffman, a director of Aurora Innovation, Inc., reported the acquisition and disposition of Class A and Class B Common Stock on November 4th and 5th, 2024.

Summary

• Reid Hoffman, a director of Aurora Innovation, Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
• On November 4, 2024, Hoffman acquired 6,343,637 shares of Class A Common Stock and disposed of 1,254,486 shares at a weighted average price of $5.4504.
• Additionally, on the same day, he acquired 352,425 shares of Class A Common Stock on two separate occasions and disposed of 69,694 shares on two separate occasions at a weighted average price of $5.4504.
• On November 5, 2024, Hoffman disposed of 2,070,000 shares of Class A Common Stock at a weighted average price of $5.1741.
• He also disposed of 115,000 shares of Class A Common Stock on two separate occasions at a weighted average price of $5.1741.
• These transactions were executed in multiple trades at varying prices.
• Hoffman also reported indirect ownership through various entities such as Greylock 15, Reinvent Sponsor Y LLC, and others, disclaiming beneficial ownership except to the extent of his pecuniary interest.
• Each share of Class B Common Stock is convertible into one share of Class A Common Stock at any time.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the trading activities of company insiders.

Stakeholder Impact

• The transactions may influence investor perception of the company's stock.

Key Dates