Bagley Brittany 4

What Happened

• Brittany Bagley, a director of Aurora Innovation, acquired 3,241 shares of Aurora Class A common stock on July 1, 2026. The Form 4 reports the acquisition as an award/grant (code A) at an acquisition price of $0.00 — these shares reflect a conversion of her outside director cash retainer into fully vested restricted stock units (RSUs).

Key Details

• Transaction date: 2026-07-01
• Transaction type/code: Award/Grant (A)
• Shares acquired: 3,241
• Reported acquisition price: $0.00
• Shares owned after transaction: Not specified in the filing
• Footnote: The shares were determined by converting the second-quarter cash retainer earned through June 30, 2026 into shares, using the average closing price over the 20 trading days ending five business days before the July 1, 2026 grant date.
• Filing timeliness: Reported on 2026-07-01 (period of report 2026-07-01), indicating a same-day/timely filing.

Context

• This was a conversion of director compensation (cash retainer -> fully vested RSUs), not an open-market purchase or option exercise. The filing shows no cash payment for the shares (reported $0 acquisition price) because the conversion formula used the cash retainer amount and the 20-day average stock price to compute the share count. Such conversions are routine compensation mechanics for non-employee directors and do not by themselves indicate an additional purchase decision in the open market.