Reid Hoffman's Significant Stock Sales at Aurora Innovation
This Form 4 filing discloses substantial stock transactions by Reid Hoffman, a director of Aurora Innovation, Inc. The filing reveals that Hoffman converted 7,048,487 Class B shares to Class A shares on October 31, 2025, followed by significant sales of Class A shares in May 2026. He sold 5,498,487 shares on May 15, 2026 at a weighted average price of $7.8082, and an additional 347,646 shares on May 18, 2026 at $7.5052, totaling approximately 5.85 million shares sold for over $45 million. These transactions represent a major divestment by the director. The filing includes complex ownership structures through various entities including Greylock funds, Reinvent Sponsor Y LLC, and other investment vehicles, with Hoffman disclaiming beneficial ownership except for his pecuniary interest.