Aurora Innovation (AUR) director granted 51,248 RSUs vesting 2027–2029
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wehner David M. reported acquisition or exercise transactions in this Form 4 filing.
Aurora Innovation, Inc. director David M. Wehner reported an equity grant in the form of restricted stock units representing 51,248 shares of Class A Common Stock, awarded at no cash cost. These RSUs vest in three equal installments on February 27, 2027, 2028, and 2029, conditioned on his continued service through each vesting date.
Following this grant, Wehner holds 127,472 Class A shares directly. He is also trustee, settlor, and beneficiary of The Havenwood Trust, which holds 320,901 Class A shares, and in that capacity he may be deemed a beneficial owner of those indirect holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Wehner David M.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 51,248 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 127,472 shares (Direct);
Class A Common Stock — 320,901 shares (Indirect, Held by The Havenwood Trust)
Footnotes (1)
- The reported securities are represented by restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A Common Stock. The RSUs will vest as to 1/3 on February 27, 2027, 1/3 on February 27, 2028, and 1/3 on February 27, 2029, subject to the reporting person's continued service through the applicable vesting date. The reporting person is a trustee, settlor and beneficiary of The Havenwood Trust (the "Trust"). The reporting person, in such capacity, may be deemed a beneficial owner of the securities held by the Trust.
FAQ
What insider transaction did Aurora Innovation (AUR) director David Wehner report?
David Wehner reported receiving a grant of restricted stock units representing 51,248 shares of Aurora Innovation Class A Common Stock. The award is a form of equity compensation, granted at no cash cost, and subject to a multi-year vesting schedule tied to continued service.
How many RSUs were granted to Aurora Innovation (AUR) director David Wehner?
He was granted restricted stock units representing 51,248 shares of Aurora Innovation Class A Common Stock. Each RSU converts into one share upon vesting, so the grant can deliver 51,248 Class A shares if all vesting and service conditions are fully satisfied over time.
What is the vesting schedule for David Wehner’s Aurora Innovation (AUR) RSUs?
The RSUs vest in three equal installments: one-third on February 27, 2027, one-third on February 27, 2028, and one-third on February 27, 2029. Vesting is conditioned on Wehner’s continued service with Aurora Innovation through each applicable vesting date.
Are the new Aurora Innovation (AUR) RSUs contingent on David Wehner’s continued service?
Yes. The RSUs will vest in three annual tranches only if David Wehner continues to serve through each vesting date. If service ends before a scheduled vesting date, the unvested portion would not settle into Class A shares under the terms described in the disclosure.