Hoffman Reid

CIK: 0001519339

Hoffman Reid is a corporate insider at Aurora Innovation, Inc. (AUR) filing SEC Form 4 transactions. 261 transactions across 6 companies, totaling $0 in purchases and $174,249,538 in sales. Source: SEC EDGAR.

AI Insider Summary

The insider at CIK 0001519339 — an Aurora Innovation Inc. (AUR) executive whose Form 4 filings capture 268 transactions — executed what is unambiguously the most direct insider-selling episode in this batch: on May 28, 2026, the insider sold two blocks of AUR stock totaling approximately 1.14 million shares at $7.27 per share, generating roughly $8.3 million in proceeds from a position that had been acquired through RSU vesting at zero or nominal cost. The sell came in two tranches — 60,118 shares and a substantially larger 1,082,118 shares — both executed at the same $7.2741 price on the same day, suggesting a pre-arranged 10b5-1 distribution block or a tender-acceptance event (such as a company-sponsored liquidity program) rather than a discretionary open-market sell decision. AUR's stock has been under sustained pressure since its November 2021 SPAC merger, trading in the$5–$18 range through 2022–2026, and the$7.27 sale price is near the lower quartile of that range. The May 28 distribution was preceded by a smaller sell on May 18 (17,382 shares at$7.50) and followed by a June 2026 RSU vest-acquisition of 36,547 shares — a standard vest-replenishment event that partially offsets the sell but does not replace the distributed shares. The register's only other live position is a small Microsoft RSU accumulation (two June 2026 acquisitions totaling 263 shares), a compensation-driven sleeve with no signal. The honest read: this insider is reducing AUR concentration at a historically depressed price, either because of personal liquidity needs or because the insider does not expect near-term price recovery — both are legitimate and informative reasons, neither of which requires speculation about the company's fundamentals.

The May 28, 2026 sell block — the file's defining event: The insider sold two tranches on the same day at the same price:

  • Tranche A: 60,118 shares at $7.2741 = ~$437K
  • Tranche B: 1,082,118 shares at $7.2741 = ~$7.87M
  • Total proceeds: ~$8.3M

The 1.08M-share tranche is the dominant event. At the$7.27 sale price — assuming these shares were acquired via RSU vesting at$0 cost basis — the insider generated ~$7.87M in proceeds from a single day's distribution. This is a large-dollar liquidation event. The question is whether it was discretionary or structured:

Analysis generated by 13F Insight from SEC Form 4 filing data. Methodology
Total Transactions
261
Total Buy Value
$0
Total Sell Value
$174.25M
Net Activity
$-174.25M
Last Transaction
Jun 2026
Companies
6

Companies

Transaction History

Source: SEC EDGAR Form 4 insider transaction filings.

Type
Award
Shares
39
Price
-
Value
-
Type
Award
Shares
224
Price
-
Value
-
Type
Sale
Shares
60,118
Price
$7.27
Value
$437K
Type
Sale
Shares
60,118
Price
$7.27
Value
$437K
Type
Sale
Shares
1,082,118
Price
$7.27
Value
$7.87M
Type
Award
Shares
36,547
Price
-
Value
-
Type
Award
Shares
37
Price
-
Value
-
Type
Award
Shares
30
Price
-
Value
-
Type
Award
Shares
194
Price
-
Value
-
Type
Sale
Shares
17,382
Price
$7.51
Value
$130K
Type
Sale
Shares
17,382
Price
$7.51
Value
$130K
Type
Sale
Shares
312,882
Price
$7.51
Value
$2.35M
Type
Sale
Shares
274,925
Price
$7.81
Value
$2.15M
Type
Sale
Shares
274,925
Price
$7.81
Value
$2.15M
Type
Sale
Shares
4,948,637
Price
$7.81
Value
$38.64M
Type
Conversion
Shares
352,425
Price
-
Value
-
Type
Conversion
Shares
352,425
Price
-
Value
-
Type
Conversion
Shares
6,343,637
Price
-
Value
-
Type
Conversion
Shares
352,425
Price
-
Value
-
Type
Conversion
Shares
352,425
Price
-
Value
-