4Accepted Sep 17, 5:30 PM ET
Aurora (AUR): Uber (10% Owner) Sells 29.37M Shares
Accepted (ET)
5:30 PM
Sep 17, 2026
Filed
Sep 17, 2026
Documents
1
Size
5.9 KB
Summary
Aurora (AUR): Uber (10% Owner) Sells 29.37M Shares
What Happened
Uber Technologies, Inc., a reported 10% owner of Aurora Innovation (AUR), sold 29,369,611 shares of Aurora Class A common stock through its wholly‑owned subsidiary, Neben Holdings, LLC. The shares were sold in a block sale to a financial institution on September 15, 2026 at $6.2050 per share, generating gross proceeds of approximately $182,238,436. This was a sale (transaction code S), which for institutional holders is typically a liquidity or portfolio action rather than a direct bullish signal.
Key Details
- Transaction date: September 15, 2026.
- Price: $6.2050 per share; Shares sold: 29,369,611; Proceeds ≈ $182,238,436.
- Reported by: Neben Holdings, LLC (record holder), a wholly‑owned subsidiary of Uber Technologies, Inc. (the 10% owner).
- Filing: Form 4 filed September 17, 2026; the transaction was also disclosed on a Schedule 13D/A filed by the reporting person on September 17, 2026 (see footnote). The Form 4 filing appears timely.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1 describes the block sale to a financial institution; F2 notes the Schedule 13D/A reporting; F3 confirms Neben Holdings is the record holder.
Context
This was an institutional block sale by a 10% owner, not an executive insider exercising options or receiving an award. Large institutional sales can reflect portfolio or strategic decisions by the holder; they do not by themselves reveal management sentiment about the company. Retail investors should consider this alongside other filings, company fundamentals, and market conditions.