Director at Joby Aviation (NYSE: JOBY) receives 2,027 fully vested RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Saluja Dipender reported acquisition or exercise transactions in this Form 4 filing.
Joby Aviation director Dipender Saluja reported an equity grant and updated holdings. He received 2,027 Restricted Stock Units, each representing one share of Joby Aviation common stock, fully vested on the grant date at a price of $0.00 per share, as compensation.
Following the grant, he holds 193,462 shares of common stock directly, and additional indirect interests through several investment entities, including Technology Impact Fund, Capricorn-Libra Investment Group, Technology Impact Growth Fund, Capricorn-Libra Partners, and Saluja B. LLC, for which he generally disclaims beneficial ownership beyond any pecuniary interest.
Positive
- None.
Negative
- None.
Insights
Routine, fully vested RSU grant modestly increases a director’s exposure.
Director Dipender Saluja received 2,027 fully vested RSUs at $0.00 per share, a standard equity award that increases his direct holdings to 193,462 Joby Aviation shares. This is a compensation-related acquisition, not an open-market purchase.
The filing also lists large indirect positions held by funds and LLCs associated with him, with explicit disclaimers that he only benefits to the extent of any pecuniary interest. With no sales or option exercises reported, this appears as routine governance and ownership disclosure rather than a thesis-changing event.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Saluja Dipender
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,027 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 193,462 shares (Direct, null);
Common Stock — 21,514,683 shares (Indirect, By Technology Impact Fund, L.P.)
Footnotes (1)
- Represents Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of common stock of the Issuer. The RSUs are fully vested on the grant date. The shares of common stock are held of record by Technology Impact Fund, L.P., ("TIF"). The Reporting Person is an owner of the general partner of TIF. The Reporting Person disclaims beneficial ownership of the shares held by TIF except to the extent of his pecuniary interest therein, if any. The shares of common stock are held of record by Capricorn-Libra Investment Group, L.P. ("C-L Group"), for which the Reporting Person has voting and dispositive power and therefore may be deemed to be the beneficial owner of such shares. The Reporting Person disclaims beneficial ownership of the shares held by C-L Group except to the extent of his pecuniary interest therein, if any. The shares of common stock are held of record by Technology Impact Growth Fund, LP, ("TIGF"). The Reporting Person is an owner of the general partner of TIGF. The Reporting Person disclaims beneficial ownership of the shares held by TIGF except to the extent of his pecuniary interest therein, if any. The shares of common stock are held of record by Capricorn-Libra Partners, LLC ("C-L Partners"). The Reporting Person is the sole manager of C-L Partners. The Reporting Person disclaims beneficial ownership of the shares held by C-L Partners except to the extent of his pecuniary interest therein, if any. The shares of common stock are held of record by Saluja B. LLC, of which the Reporting Person is the manager. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any.
Key Figures
RSU grant size: 2,027 RSUs
Grant price: $0.00 per share
Direct holdings after grant: 193,462 shares
+5 more
8 metrics
RSU grant size
2,027 RSUs
Fully vested equity award of common stock
Grant price
$0.00 per share
RSU grant price per common share
Direct holdings after grant
193,462 shares
Common stock held directly after RSU award
Technology Impact Fund position
21,514,683 shares
Indirect holding via Technology Impact Fund, L.P.
Capricorn-Libra Investment Group position
5,399,372 shares
Indirect holding via Capricorn-Libra Investment Group, L.P.
Technology Impact Growth Fund position
1,556,592 shares
Indirect holding via Technology Impact Growth Fund, LP
Capricorn-Libra Partners position
321,926 shares
Indirect holding via Capricorn-Libra Partners, LLC
Saluja B. LLC position
22,004 shares
Indirect holding via Saluja B. LLC
Key Terms
Restricted Stock Units ("RSUs"), beneficial ownership, pecuniary interest, voting and dispositive power, +1 more
5 terms
Restricted Stock Units ("RSUs") financial
"Represents Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share"
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.
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of the shares held by TIF except to the extent of his pecuniary interest"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership of the shares held by C-L Group except to the extent of his pecuniary interest therein, if any"
voting and dispositive power financial
"for which the Reporting Person has voting and dispositive power and therefore may be deemed to be the beneficial owner"
indirect ownership financial
"direct_or_indirect": "I", "nature_of_ownership": "By Capricorn-Libra Partners, LLC""
FAQ
What insider transaction did Joby Aviation (JOBY) report for Dipender Saluja?
Joby Aviation reported that director Dipender Saluja received a grant of 2,027 Restricted Stock Units, each equal to one share of common stock. The RSUs were fully vested on the grant date and issued at $0.00 per share as equity compensation.
What indirect Joby Aviation (JOBY) holdings are associated with Dipender Saluja?
The filing lists indirect holdings through entities including Technology Impact Fund, L.P., Capricorn-Libra Investment Group, L.P., Technology Impact Growth Fund, LP, Capricorn-Libra Partners, LLC, and Saluja B. LLC, where he has roles such as owner or manager with potential pecuniary interests.
Were there any open-market buys or sells by Dipender Saluja in this Joby Aviation Form 4?
The Form 4 does not show any open-market purchases or sales. It reports a grant of 2,027 fully vested RSUs at $0.00 per share and multiple holding entries summarizing indirect positions through investment entities, without coded buy or sell transactions.
What is the nature of the RSU award reported for Dipender Saluja at Joby Aviation?
The reported award consists of Restricted Stock Units (RSUs), each representing a contingent right to receive one Joby Aviation common share. The RSUs were fully vested on the grant date, effectively functioning as an immediate stock-based compensation grant.