Reid Hoffman (Director) sold entire 1.20M share stake in AUR for $8.7M at $7.27; complete exit from position.
Reid Hoffman filed three separate sales totaling 1,202,354 shares for $8,746,043.22 on 2026-05-28, reducing his holdings from 1.20M shares to zero—a complete exit. The blended average sale price of $7.27 represents a sale during a period of significant upward momentum: the stock is up 42.8% over 30 days and 51.1% over 90 days from transaction date. However, his prior trades at Aurora Innovation show a strong pattern: 5 of 5 prior sells at this ticker were well-timed, with post-sale declines of -9.3% to -12.8% at the 90-day mark. The company's fundamental picture is relevant—it reported $1.0M in quarterly revenue against a $-223.0M net loss, reflecting significant unprofitability. A director's complete liquidation of a $8.7M position, particularly given the insider's demonstrated ability to time exits at this ticker and the company's loss-making financial position, warrants investor attention as a material signal of conviction shift.