Director Michelangelo Volpi Sells $19.9M in Aurora Stock
AUR sits 71% above its 52-week low of $3.6.
Summary
Director Michelangelo Volpi sold $19.9 million worth of Aurora Innovation stock, adding to a wave of insider selling that includes Uber's $471.6 million block sale.
Key Events · Ownership and Investor Activity · AUR
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Director Sells $19.9M in Stock
Michelangelo Volpi sold 2,842,682 shares at $7.00 per share on August 17, 2026, for total proceeds of $19.9 million.
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Insider Selling Cluster
This sale follows Uber's $471.6 million block sale of 72 million shares disclosed the same day, indicating a broader distribution trend among major holders.
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Post-Sale Holdings
Volpi retains 31,540,600 shares indirectly through Index Ventures Growth III and Yucca (Jersey) SLP, plus 943,067 shares in a GRAT.
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Conversion of Class B Shares
The sale was preceded by the conversion of 2,842,682 Class B shares to Class A shares, a routine step before the open-market sale.
Analysis · AUR · Technology
Director Michelangelo Volpi sold 2.84 million shares for $19.9 million at $7.00 per share on August 17, 2026. The sale represents 0.302% of the company's market cap and comes amid a broader insider distribution pattern, with Uber having sold $471.6 million in stock the same day. While Volpi is not a key executive, the size of the sale and the clustering of insider selling activity make this a notable negative signal for investors.
At the time of this filing, AUR was trading at $6.17 on NASDAQ in the Technology sector, with a market capitalization of approximately $12.4B. The 52-week trading range was $3.60 to $8.57. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.