Joby Aviation (NYSE: JOBY) director gets 18,850 RSUs, exercises award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Joby Aviation director Michael P. Huerta reported equity compensation changes involving restricted stock units (RSUs). He exercised 19,157 RSUs into an equal number of Common Stock shares, bringing his direct Common Stock holdings to 79,684 shares.
He also received a new grant of 18,850 RSUs as an annual award for non-employee directors. According to the award terms, one annual RSU grant fully vests on the earlier of the next annual stockholder meeting or June 6, 2026, and the subsequent annual grant fully vests on the earlier of the next annual meeting or June 2, 2027, in each case subject to his continued service. These are compensation-related awards and exercises, not open‑market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
19,157 shares exercised/converted
Mixed
3 txns
Insider
HUERTA MICHAEL P
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSUs) | 19,157 | $0.00 | -- |
| Grant/Award | Restricted Stock Units (RSUs) | 18,850 | $0.00 | -- |
| Exercise | Common Stock | 19,157 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units (RSUs) — 0 shares (Direct, null);
Common Stock — 79,684 shares (Direct, null)
Footnotes (1)
- Represents an annual award of restricted stock units ("RSUs") to the Issuer's non-employee directors (the "2025 Annual Award"). The 2025 Annual Award shall fully vest on the earlier of (a) the date of the next annual meeting of the Issuer's stockholders and (b) June 6, 2026, in each case, subject to Reporting Person's continued status as a Service Provider (as defined in the Issuer's 2021 Incentive Award Plan) through the applicable vesting date. Each RSU represents a contingent right to receive one share of Common Stock upon vesting. Represents an annual award of restricted stock units ("RSUs") to the Issuer's non-employee directors (the "2026 Annual Award"). The 2026 Annual Award shall fully vest on the earlier of (a) the date of the next annual meeting of the Issuer's stockholders and (b) June 2, 2027, in each case, subject to Reporting Person's continued status as a Service Provider (as defined in the Issuer's 2021 Incentive Award Plan) through the applicable vesting date. Each RSU represents a contingent right to receive one share of Common Stock upon vesting.
Key Figures
RSUs exercised: 19,157 shares
Common Stock held after exercise: 79,684 shares
New RSU grant: 18,850 RSUs
+2 more
5 metrics
RSUs exercised
19,157 shares
RSUs converted to Common Stock on June 2, 2026
Common Stock held after exercise
79,684 shares
Director Michael Huerta post-transaction holdings
New RSU grant
18,850 RSUs
Annual award to non-employee director on June 2, 2026
2025 Annual Award vest date
June 6, 2026
Fully vests by earlier of next annual meeting or this date
2026 Annual Award vest date
June 2, 2027
Fully vests by earlier of next annual meeting or this date
Key Terms
Restricted Stock Units ("RSUs"), non-employee directors, Service Provider, 2021 Incentive Award Plan, +1 more
5 terms
Restricted Stock Units ("RSUs") financial
"Represents an annual award of restricted stock units ("RSUs") to the Issuer's non-employee directors"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
non-employee directors financial
"Represents an annual award of restricted stock units ("RSUs") to the Issuer's non-employee directors"
Non-employee directors are board members who do not work for the company as salaried employees and usually do not hold day-to-day management roles. They act like outside referees or independent coaches, providing oversight, asking tough questions, and protecting shareholders’ interests; investors care because these directors help ensure management is accountable, reduce conflicts of interest, and influence decisions that affect company strategy and long-term value.
Service Provider financial
"subject to Reporting Person's continued status as a Service Provider (as defined in the Issuer's 2021 Incentive Award Plan)"
2021 Incentive Award Plan financial
"Service Provider (as defined in the Issuer's 2021 Incentive Award Plan) through the applicable vesting date"
Annual Award financial
"the "2025 Annual Award" and the "2026 Annual Award" shall fully vest"
FAQ
What insider transactions did Joby Aviation (JOBY) director Michael Huerta report?
Director Michael P. Huerta exercised 19,157 restricted stock units into Common Stock and received a new grant of 18,850 RSUs as part of Joby Aviation’s annual equity awards for non-employee directors.
What are the terms of the new RSU awards to Joby Aviation (JOBY) director Michael Huerta?
The RSU awards are annual grants for non-employee directors. Each award fully vests on the earlier of the next annual stockholder meeting or a specified date in 2026 or 2027, subject to Huerta’s continued service with Joby Aviation.
When will Michael Huerta’s Joby Aviation (JOBY) RSUs vest?
One annual RSU award vests on the earlier of the next annual stockholder meeting or June 6, 2026. The subsequent annual award vests on the earlier of the next annual meeting or June 2, 2027, assuming continued service.