Joby Aviation officer reports 43,532-share stake
Joby Aviation’s principal accounting officer reports direct ownership of common stock and multiple RSU grants with staggered service- and performance-based vesting.
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Form Type
3
Rhea-AI Filing Summary
Joby Aviation, Inc. (JOBY) reported the initial equity holdings of Principal Accounting Officer Sergey Novikov on a Form 3. He directly holds 43,532 shares of Common Stock and multiple grants of Restricted Stock Units (RSUs), each convertible into Common Stock at an exercise price of $0.0000 per share, subject to time- and performance-based vesting conditions.
Insider Trade Summary
Holdings reported, no transactions
Holdings
Insider
Novikov Sergey
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Holding | Restricted Stock Units (RSUs) F1 | -- | -- | -- |
| Holding | Restricted Stock Units (RSUs) F2 | -- | -- | -- |
| Holding | Restricted Stock Units (RSUs) F3 | -- | -- | -- |
| Holding | Restricted Stock Units (RSUs) F4 | -- | -- | -- |
| Holding | Restricted Stock Units (RSUs) F5 | -- | -- | -- |
| Holding | Restricted Stock Units (RSUs) F6 | -- | -- | -- |
| Holding | Restricted Stock Units (RSUs) F7 | -- | -- | -- |
| Holding | Restricted Stock Units (RSUs) F8 | -- | -- | -- |
| Holding | Restricted Stock Units (RSUs) F9 | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
Holdings:
Restricted Stock Units (RSUs) — 71,036 contracts (Direct);
Common Stock — 43,532 shares (Direct)
Footnotes (9)
- F1. Represents an award of restricted stock units ("RSUs") that vests with respect to 16.66% of the RSUs on July 1, 2022 and as to the remaining 83.34% in 20 quarterly installments thereafter, subject to the Reporting Person's continued service through the applicable vesting date. Each RSU represents the contingent right to receive one share of Common Stock upon vesting.
- F2. Represents an award of restricted stock units ("RSUs") that vests with respect to 10% of the total number of RSUs on each of the first four quarterly anniversaries of July 1, 2023 and as to 5% of the total number of RSUs on each quarterly anniversary thereafter, subject to the Reporting Person's continued service through the applicable vesting date. Each RSU represents the contingent right to receive one share of Common Stock upon vesting.
- F3. Represents an award of restricted stock units ("RSUs") that vests in equal quarterly installments over four years, beginning on April 1, 2024, subject to the Reporting Person's continued service through the applicable vesting date. Each RSU represents the contingent right to receive one share of Common Stock upon vesting.
- F4. Represents an award of restricted stock units ("RSUs") that vests in equal quarterly installments over four years, beginning on October 1, 2024, subject to the Reporting Person's continued service through the applicable vesting date. Each RSU represents the contingent right to receive one share of Common Stock upon vesting.
- F5. Represents an award of restricted stock units ("RSUs") that vests in equal quarterly installments over three years, on the anniversary of July 1, 2025, subject to the Reporting Person's continued service through the applicable vesting date. Each RSU represents the contingent right to receive one share of Common Stock upon vesting.
- F6. Represents an award of restricted stock units ("RSUs") that vests in equal quarterly installments over three years, on the anniversary of October 1, 2025, subject to the Reporting Person's continued service through the applicable vesting date. Each RSU represents the contingent right to receive one share of Common Stock upon vesting.
- F7. Represents an award of restricted stock units ("RSUs") that vests, with respect to 5% of the total number of RSUs on each of the first four quarterly anniversaries of January 1, 2026, and 10% of the total number of RSUs on each quarterly anniversary thereafter, subject to the Reporting Person's continued service through the applicable vesting date. Each RSU represents the contingent right to receive one share of Common Stock upon vesting.
- F8. Represents an award of restricted stock units ("RSUs"). Between 0% and 200% of the award will vest on March 22, 2027, based on the achievement of company performance objectives and subject to the Reporting Person's continued service through the applicable vesting date. Each RSU represents the contingent right to receive up to two shares of Common Stock upon vesting.
- F9. Represents an award of restricted stock units ("RSUs") that vests in equal quarterly installments over three years, on the anniversary of July 1, 2026, subject to the Reporting Person's continued service through the applicable vesting date. Each RSU represents the contingent right to receive one share of Common Stock upon vesting.
Key Figures
Direct Common Stock holdings: 43,532 shares
RSU underlying shares (award 1): 6,251 shares
RSU underlying shares (award 2): 1,479 shares
+4 more
7 metrics
Direct Common Stock holdings
43,532 shares
Directly owned Common Stock as of September 2, 2026
RSU underlying shares (award 1)
6,251 shares
Underlying Common Stock for one RSU grant with vesting starting July 1, 2022
RSU underlying shares (award 2)
1,479 shares
Underlying Common Stock for RSU grant with vesting from July 1, 2023
RSU underlying shares (award 3)
4,854 shares
Underlying Common Stock for RSU grant vesting quarterly over four years from April 1, 2024
RSU underlying shares (largest award)
19,249 shares
Underlying Common Stock for RSU grant vesting quarterly over three years from July 1, 2026
Performance-based RSU potential
0%–200% of 3,009 units, up to 2 shares per RSU
Award vesting on March 22, 2027 based on company performance objectives
RSU exercise price
$0.0000 per share
Conversion price for all reported RSU positions
Key Terms
Restricted Stock Units (RSUs), contingent right, quarterly installments, performance objectives
4 terms
Restricted Stock Units (RSUs) financial
"Represents an award of restricted stock units ("RSUs") that vests"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
contingent right financial
"Each RSU represents the contingent right to receive one share"
quarterly installments financial
"vests in equal quarterly installments over four years"
performance objectives financial
"based on the achievement of company performance objectives"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 3 filing disclose for Joby Aviation (JOBY)?
The Form 3 discloses that Principal Accounting Officer Sergey Novikov has initial reported holdings in Joby Aviation, including 43,532 shares of Common Stock and several RSU awards that may convert into Common Stock upon meeting vesting conditions.
What RSU grants are reported for Sergey Novikov in JOBY’s Form 3?
The filing lists several RSU awards, each tied to Joby Aviation Common Stock, including grants covering 6,251, 1,479, 4,854, 9,530, 8,536, 9,068, 9,060, 3,009, and 19,249 underlying shares, all subject to vesting conditions.
How do the RSUs for Joby Aviation (JOBY) vest for Sergey Novikov?
The RSUs vest under various schedules, including equal quarterly installments over three or four years beginning on dates such as July 1, 2022, April 1, 2024, and July 1, 2026, and are generally subject to continued service through each vesting date.
Are any of Sergey Novikov’s RSUs in JOBY tied to performance goals?
Yes. One RSU award provides that between 0% and 200% of the units may vest on March 22, 2027 based on company performance objectives. Each of these RSUs represents the contingent right to receive up to two shares of Common Stock upon vesting.
What is the exercise or conversion price of Sergey Novikov’s RSUs in Joby Aviation (JOBY)?
All RSU positions reported for Sergey Novikov have an exercise or conversion price of $0.0000 per share. Each RSU generally represents the contingent right to receive one share of Joby Aviation Common Stock upon vesting, unless otherwise specified.
AI-generated analysis. How Rhea-AI works. Not financial advice.
