Maday David 4

What Happened
David Maday, Chief Financial Officer of Aurora Innovation (AUR), had 39,144 shares of Class A common stock withheld by the issuer to satisfy tax withholding obligations related to vested restricted stock units (RSUs). The withholding was reported at a per-share price of $4.86, for a total value of approximately $190,240. The Form 4 lists this transaction as code F (payment of exercise price or tax liability), meaning shares were retained by the company rather than sold on the open market.

Key Details

• Transaction date: 2026-02-20; reported same day (no late filing indicated).
• Withheld shares: 39,144 at $4.86 per share — total value ≈ $190,240.
• Shares owned after transaction: not provided in the data you supplied.
• Footnote (F1) breakdown of withheld shares by grant: (i) 1,515 shares from RSUs granted 3/15/2022; (ii) 14,702 shares from RSUs granted 6/14/2023; (iii) 7,786 shares from RSUs granted 3/8/2024; (iv) 15,141 shares from RSUs granted 3/24/2025.
• Transaction type: tax withholding on RSU vesting (issuer withheld shares), not an open-market sale.

Context
Tax-withholding transactions on RSU vesting are routine and reflect the issuer retaining shares to cover the insider’s tax bill (a form of cashless settlement). These withholdings generally do not signal the insider actively selling shares on the market and should be interpreted as administrative, not directional, insider activity.