Joby Aviation (JOBY) awards 19,762 performance-based RSUs to officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DeHoff Kate reported acquisition or exercise transactions in this Form 4 filing.
Joby Aviation, Inc. reported that officer Kate DeHoff received a grant of 19,762 restricted stock units (RSUs). This is a compensation-related equity award rather than an open-market trade. Following the grant, she is reported as holding 19,762 RSUs directly.
According to the award terms, between 0% and 200% of these RSUs may vest on March 22, 2027, depending on company performance objectives and her continued service through the vesting date. Each RSU represents a contingent right to receive up to two shares of Joby Aviation common stock if the vesting conditions are met.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DeHoff Kate
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (RSUs) | 19,762 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units (RSUs) — 19,762 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Joby Aviation (JOBY) report for Kate DeHoff?
Joby Aviation reported a grant of 19,762 restricted stock units (RSUs) to officer Kate DeHoff. This is an equity compensation award, not a market purchase or sale, and represents potential future common shares if performance and service conditions are satisfied.
How many RSUs did Joby Aviation (JOBY) grant and what do they represent?
Joby Aviation granted 19,762 RSUs to Kate DeHoff. Each RSU is a contingent right to receive up to two shares of common stock upon vesting, tying part of her compensation to the company’s future performance and her continued employment.
When do the newly granted RSUs at Joby Aviation (JOBY) vest?
The RSUs granted to Kate DeHoff may vest on March 22, 2027. Vesting depends on the achievement of company performance objectives and her continued service through that date, so the final number of shares received will be performance-based.
What performance conditions apply to the Joby Aviation (JOBY) RSU award?
Between 0% and 200% of the 19,762 RSUs can vest based on Joby Aviation’s performance objectives. If performance is weaker, fewer units vest; if objectives are exceeded, up to double the target number can vest, subject to continued service.
How many Joby Aviation (JOBY) RSUs does Kate DeHoff hold after this grant?
After the reported grant, Kate DeHoff is shown as holding 19,762 RSUs directly. These units are subject to future vesting on March 22, 2027, and could convert into up to two common shares per RSU if conditions are met.