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Aurora Innovation (AUR) director converts cash retainer into 4,847 shares

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(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Aurora Innovation director Brittany Bagley received a grant of 4,847 shares of Class A common stock as compensation. She had previously elected to convert her outside director cash retainer into fully vested restricted stock units instead of cash.

The number of shares reflects her first quarter cash retainer earned as of March 31, 2026, divided by the average closing stock price over a 20 trading-day period ending five business days before the April 1, 2026 grant date. Following this award, she directly holds 408,185 shares.

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Insider Bagley Brittany
Role Director
Type Security Shares Price Value
Grant/Award Class A Common Stock 4,847 $0.00 --
Holdings After Transaction: Class A Common Stock — 408,185 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares granted 4,847 shares Class A common stock award on April 1, 2026
Total shares after grant 408,185 shares Direct holdings following the April 1, 2026 transaction
Retainer period end date March 31, 2026 First quarter cash retainer converted into stock
Pricing lookback window 20 trading days Average closing price period used to determine shares
Lookback offset 5 business days Period before April 1, 2026 grant date when lookback ended
Price per share in grant $0.00 per share Compensation grant with no cash paid by the director
restricted stock units financial
"convert their cash retainer as an outside director into fully vested restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
cash retainer financial
"convert their cash retainer as an outside director into fully vested restricted stock units"
outside director financial
"convert their cash retainer as an outside director into fully vested restricted stock units"
average closing stock price financial
"by dividing the amount of the first quarter cash retainer ... by the average closing stock price"
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Bagley Brittany
(Last)(First)(Middle)
C/O AURORA INNOVATION, INC.
1654 SMALLMAN ST
(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock04/01/2026A4,847(1)A$0408,185D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The reporting person previously elected to convert their cash retainer as an outside director into fully vested restricted stock units. The reported securities represent shares of the Issuer's Class A common stock determined by dividing the amount of the first quarter cash retainer the reporting person has earned as of March 31, 2026, by the average closing stock price of the Issuer's Class A common stock during the 20 trading-day period ending 5 business days before the grant date of April 1, 2026.
Remarks:
/s/ Yijun Han, Attorney-in-fact for Brittany Bagley04/01/2026
** Signature of Reporting PersonDate
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 does Brittany Bagley’s Form 4 show for Aurora Innovation (AUR)?

The filing shows Brittany Bagley received 4,847 shares of Aurora Innovation Class A common stock. This award represents her outside director cash retainer for the first quarter of 2026, which she had elected to receive in fully vested restricted stock units instead of cash.

How many Aurora Innovation (AUR) shares did Brittany Bagley receive in this grant?

Brittany Bagley received 4,847 shares of Aurora Innovation Class A common stock. The amount was calculated by converting her first quarter 2026 cash retainer into shares using an average closing stock price over a defined 20 trading-day measurement period.

How were the 4,847 Aurora Innovation (AUR) shares for Brittany Bagley calculated?

The 4,847 shares were determined by dividing Bagley’s first quarter 2026 cash retainer by the average closing price of Aurora Innovation’s Class A common stock during the 20 trading days ending five business days before the April 1, 2026 grant date, as described in the footnote.

Does this Aurora Innovation (AUR) Form 4 reflect an open market stock purchase?

No, this Form 4 reflects a compensation-related grant, not an open market purchase. Brittany Bagley converted her outside director cash retainer into fully vested restricted stock units, which settled in 4,847 shares of Class A common stock at no stated purchase price per share.

What are Brittany Bagley’s Aurora Innovation (AUR) holdings after the grant?

After receiving the 4,847-share award, Brittany Bagley directly holds 408,185 shares of Aurora Innovation Class A common stock. This total includes the newly granted shares and represents her direct ownership position reported as of the April 1, 2026 grant date transaction.

Why did Aurora Innovation (AUR) grant stock instead of paying a cash retainer?

According to the footnote, Bagley previously elected to convert her outside director cash retainer into stock. As a result, her first quarter 2026 cash retainer was paid in fully vested restricted stock units, which settled into 4,847 shares of Class A common stock on April 1, 2026.