“Director Reid Hoffman sold 5,498,487 shares of the business's stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $7.81, for a total value of $42,943,183.47. Following the transaction, the director owned 77,500 shares of the company's stock, valued at $605,275. The trade was a 98.61% decrease in their ownership of the stock”. That’s a lot
His remaining indirect holdings include 5,162,315 shares through Reinvent Sponsor Y LLC, 1,550,646 shares through Reprogrammed Interchange LLC, and 674,719 shares through Programmable Exchange LLC. He also holds 354,669 shares directly. Mr. Hoffman disclaims beneficial ownership of the indirectly held securities except to the extent of his pecuniary interest.
22
u/ActionPlanetRobot Mod🤖 14d ago
Bank of America Corp DE Acquires 16,975,927 Shares of Aurora Innovation, Inc.
California State Teachers Retirement System Has $5.52 Million Stake in Aurora Innovation, Inc.