Insider Trading Arrangements shares in Millions |
3 Months Ended |
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Mar. 31, 2025
shares
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Trading Arrangements, by Individual | |
Non-Rule 10b5-1 Arrangement Adopted | false |
Rule 10b5-1 Arrangement Terminated | false |
Non-Rule 10b5-1 Arrangement Terminated | false |
Chris Urmson [Member] | |
Trading Arrangements, by Individual | |
Material Terms of Trading Arrangement |
On March 11, 2025, Chris Urmson, Chief Executive Officer of the Company, adopted a Rule 10b5-1 trading plan providing for the sale from time to time of an aggregate of up to 5.0 million shares of our Class A common stock. The trading arrangement is intended to satisfy the affirmative defense in Rule 10b5-1(c). The duration of the trading arrangement is until March 11, 2026, or earlier if all transactions under the trading arrangement are completed. Immediately prior to entering into this plan, Mr. Urmson was the beneficial owner of a total of 146,316,866 derivative and non-derivative securities (the "Original Holdings"), consisting of 145,831,739 shares of Class B common stock and 485,127 shares of Class A common stock. In the event that the maximum number of shares covered by the plan are sold, he will continue to beneficially own approximately 97% of the Original Holdings.
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Name | Chris Urmson |
Title | Chief Executive Officer |
Rule 10b5-1 Arrangement Adopted | true |
Adoption Date | March 11, 2025 |
Expiration Date | March 11, 2026 |
Arrangement Duration | 365 days |
Aggregate Available | 5.0 |
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