Joby Aviation, Inc. reported that Didier Papadapoulos, its President of Aircraft OEM, has notified the company he will resign effective July 3, 2026. He is leaving after five years leading aircraft development to spend more time with family and pursue personal interests.
The company states his decision is not related to any disagreement or dispute with Joby and expresses gratitude for his contributions. Joby and Mr. Papadopoulos expect to enter into an agreement under which he will continue to provide ongoing advisory services to the company.
Joby Aviation, Inc. officer Kate DeHoff reported routine stock activity involving restricted stock units and related share sales. On April 1, 2026, she exercised RSUs to acquire a total of 18,574 shares of common stock at a conversion price of $0.00 per share, reflecting quarterly vesting from several RSU awards. On April 2, 2026, she sold 9,594 shares of common stock in open-market transactions at a weighted average price of $8.15 per share, with individual trade prices ranging from $8.15 to $8.44. A footnote states these sales were made to cover taxes due upon the RSU release and settlement, as required by the award terms, rather than as a discretionary sale. Following these transactions, she directly holds 169,483 shares of Joby Aviation common stock.