What indirect holdings related to Aurora Innovation (AUR) does the CFO report?

The CFO reports indirect holdings through two irrevocable gift trusts, one for Blake J. Maday with 79,874 shares and one for Samantha L. Maday with 79,873 shares. As trustee, he may be deemed a beneficial owner of these Aurora Innovation Class A common stock positions.

CFO at Aurora Innovation (NASDAQ: AUR) receives 655,380 RSU award

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Maday David reported acquisition or exercise transactions in this Form 4 filing.

Aurora Innovation, Inc. reported that Chief Financial Officer David Maday received a grant of 655,380 restricted stock units (RSUs) representing Class A common stock. The RSUs are scheduled to vest in 16 equal quarterly installments after February 20, 2026, subject to his continued service.

Following this award, Maday directly holds 2,008,916 shares of Class A common stock. The filing also shows indirect holdings of 79,874 and 79,873 shares held in separate irrevocable gift trusts for Blake J. Maday and Samantha L. Maday, where he serves as trustee and may be deemed a beneficial owner.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Maday David

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	655,380	$0.00	--
holding	Class A Common Stock	--	--	--
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 2,008,916 shares (Direct); Class A Common Stock — 79,874 shares (Indirect, Held by The Maday Irrevocable Gift Trust F/B/O Blake J. Maday)

Footnotes (1)

The reported securities are represented by restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock. 1/16 of the RSUs will be scheduled to vest on each of Issuer's quarterly vesting dates following February 20, 2026, rounding down to the nearest whole share, subject to the reporting person's continued service through each such date. The reporting person is a trustee of the trust. The reporting person, in such capacity, may be deemed a beneficial owner of the securities held by the trust.

Key Figures

RSU grant size: 655,380 RSUs Vesting schedule fraction: 1/16 per quarter Direct holdings after grant: 2,008,916 shares +2 more

5 metrics

RSU grant size 655,380 RSUs Award of restricted stock units to CFO David Maday

Vesting schedule fraction 1/16 per quarter RSUs vest on each quarterly vesting date after February 20, 2026

Direct holdings after grant 2,008,916 shares Class A common stock directly held by CFO following transaction

Indirect trust holding (Blake trust) 79,874 shares Class A common stock held by The Maday Irrevocable Gift Trust F/B/O Blake J. Maday

Indirect trust holding (Samantha trust) 79,873 shares Class A common stock held by The Maday Irrevocable Gift Trust F/B/O Samantha L. Maday

Key Terms

restricted stock units ("RSUs"), contingent right, vesting dates, beneficial owner, +1 more

5 terms

restricted stock units ("RSUs") financial

"The reported securities are represented by restricted stock units ("RSUs")."

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

contingent right financial

"Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock."

vesting dates financial

"1/16 of the RSUs will be scheduled to vest on each of Issuer's quarterly vesting dates"

beneficial owner financial

"The reporting person, in such capacity, may be deemed a beneficial owner of the securities held by the trust."

A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.

irrevocable gift trust financial

"Held by The Maday Irrevocable Gift Trust F/B/O Blake J. Maday"

Form 4 Insider Transactions: What Each Field Means →

03/30/2026 - 05:57 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Maday David

(Last)

(First)

(Middle)

C/O AURORA INNOVATION, INC.

1654 SMALLMAN STREET

(Street)

PITTSBURGH

PENNSYLVANIA

15222

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Aurora Innovation, Inc. [ AUR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/23/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	03/23/2026		A		655,380⁽¹⁾	A	$0	2,008,916	D
Class A Common Stock								79,874	I	Held by The Maday Irrevocable Gift Trust F/B/O Blake J. Maday⁽²⁾
Class A Common Stock								79,873	I	Held by The Maday Irrevocable Gift Trust F/B/O Samantha L. Maday⁽²⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The reported securities are represented by restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock. 1/16 of the RSUs will be scheduled to vest on each of Issuer's quarterly vesting dates following February 20, 2026, rounding down to the nearest whole share, subject to the reporting person's continued service through each such date.

2. The reporting person is a trustee of the trust. The reporting person, in such capacity, may be deemed a beneficial owner of the securities held by the trust.

Remarks:

	/s/ Yijun Han, Attorney-in-fact for David Maday	03/30/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Aurora Innovation (AUR) disclose about its CFO in this Form 4?

Aurora Innovation disclosed that its Chief Financial Officer, David Maday, received a grant of 655,380 restricted stock units. These RSUs represent Class A common stock and form part of his equity compensation, vesting over time based on continued service after February 20, 2026.

How many RSUs did Aurora Innovation (AUR) grant to CFO David Maday?

Aurora Innovation granted CFO David Maday 655,380 restricted stock units representing Class A common stock. This equity award is structured to vest in stages, aligning his compensation with long-term company performance and his continued service to the business after February 20, 2026.

What is the vesting schedule for the new RSUs at Aurora Innovation (AUR)?

The RSUs granted to Aurora Innovation’s CFO vest in 16 equal quarterly installments after February 20, 2026. On each company quarterly vesting date, 1/16 of the award is scheduled to vest, subject to David Maday’s continued service through each applicable vesting date.

How many Aurora Innovation (AUR) shares does the CFO hold after this transaction?

After the RSU grant, CFO David Maday directly holds 2,008,916 shares of Aurora Innovation Class A common stock. The filing also notes indirect beneficial interests in 79,874 and 79,873 shares held in separate irrevocable gift trusts for Blake and Samantha Maday, where he acts as trustee.

Are the RSUs granted to Aurora Innovation (AUR) CFO immediately payable in stock?

The RSUs are not immediately delivered as shares; each unit represents a contingent right to receive one Class A share. Delivery depends on vesting, with 1/16 of the RSUs scheduled to vest on each quarterly vesting date after February 20, 2026, assuming continued service.