---
schema_version: "secwatch.filing_event.v1"
accession: "0001828108-23-000179"
form_type: "8-K"
ticker: "AUR"
cik: "0001828108"
company_name: "Aurora Innovation, Inc."
filed_at: "2023-08-18T23:59:59+00:00"
generated_at: "2026-06-11T07:02:12.770064+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Aurora adopts executive severance policy with CIC benefits: 100% salary + prorated bonus + equity acceleration

## Summary
- Policy covers named executive officers and designated key employees; effective August 14, 2023.
- In a change-in-control termination: lump sum = 100% annual base salary + 100% target bonus (prorated), 12-month COBRA, full time-equity acceleration.
- Non-CIC termination: 6 months base salary continuation + 6-month COBRA.
- Policy has a 3-year initial term, auto-renews annually unless Company gives 60-day non-renewal notice.
- Benefits subject to signing a release and potential clawback if later found Cause existed.

## SEC filing metadata
- accession: 0001828108-23-000179
- form_type: 8-K
- ticker: AUR
- cik: 0001828108
- company_name: Aurora Innovation, Inc.
- filed_at: 2023-08-18T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828108/000182810823000179/0001828108-23-000179-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828108/000182810823000179/aur-20230814.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001828108-23-000179
- JSON: https://secwatch.observer/filing/0001828108-23-000179.json
- Plain text: https://secwatch.observer/filing/0001828108-23-000179.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.