Joby Aviation (JOBY) officer exercises RSUs, sells shares to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,594 shares ($78,191)
Net Sell
7 txns
Insider
DeHoff Kate
Role
See Remarks
Sold
9,594 shs ($78K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 9,594 | $8.15 | $78K |
| Exercise | Restricted Stock Units (RSUs) | 5,224 | $0.00 | -- |
| Exercise | Restricted Stock Units (RSUs) | 8,305 | $0.00 | -- |
| Exercise | Restricted Stock Units (RSUs) | 5,045 | $0.00 | -- |
| Exercise | Common Stock | 5,224 | $0.00 | -- |
| Exercise | Common Stock | 8,305 | $0.00 | -- |
| Exercise | Common Stock | 5,045 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 169,483 shares (Direct);
Restricted Stock Units (RSUs) — 26,121 shares (Direct)
Footnotes (1)
- Represents the aggregate number of shares sold by the Reporting Person to cover taxes due upon the release and settlement of the RSUs, as required by the terms of the RSU award. This transaction was executed in multiple trades at prices ranging from $8.15 to $8.44. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. Represents an award of restricted stock units ("RSUs") that vests in equal installments over four years, on the quarterly anniversary of July 1, 2023, 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. Represents an award of restricted stock units ("RSUs") that vest in 16 equal installments on the quarterly anniversary of January 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. 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 as to 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.
Key Figures
Shares sold: 9,594 shares
Weighted average sale price: $8.15 per share
Shares acquired via RSU vesting: 18,574 shares
+4 more
7 metrics
Shares sold
9,594 shares
Open-market sale on April 2, 2026 to cover RSU taxes
Weighted average sale price
$8.15 per share
Sales executed between $8.15 and $8.44
Shares acquired via RSU vesting
18,574 shares
RSU exercises on April 1, 2026 at $0.00 conversion price
Post-transaction holdings
169,483 shares
Common stock directly held after reported transactions
RSU tranche 1
5,224 RSUs
Award vesting quarterly from July 1, 2023
RSU tranche 2
8,305 RSUs
Award vesting in 16 quarterly installments from January 1, 2024
RSU tranche 3
5,045 RSUs
Award with stepped quarterly vesting from January 1, 2026
Key Terms
Restricted Stock Units (RSUs), weighted average sale price, quarterly anniversary, derivative security, +1 more
5 terms
Restricted Stock Units (RSUs) financial
"Represents an award of restricted stock units ("RSUs") that vests in equal installments over four years"
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.
weighted average sale price financial
"The price reported above reflects the weighted average sale price."
quarterly anniversary financial
"vests in equal installments over four years, on the quarterly anniversary of July 1, 2023"
A quarterly anniversary marks the date that occurs every three months after a specific event, such as an investment or a business milestone. It is similar to a birthday that repeats four times a year, helping investors track the timing of important updates or changes. Recognizing these anniversaries allows investors to stay informed about progress and make timely decisions.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transactions did Joby Aviation (JOBY) officer Kate DeHoff report?
She reported exercising restricted stock units to receive 18,574 Joby Aviation common shares, then selling 9,594 shares. The filing shows these transactions occurred on April 1 and April 2, 2026, as part of routine equity compensation and related tax obligations.
What RSU awards vested for Joby Aviation (JOBY) officer Kate DeHoff?
Three RSU awards vested, delivering 5,224, 8,305 and 5,045 Joby Aviation common shares. Footnotes describe differing quarterly vesting schedules tied to July 1, 2023, January 1, 2024 and January 1, 2026, contingent on continued service at each vesting date.
Were the Joby Aviation (JOBY) insider transactions part of a derivative exercise?
Yes. The Form 4 reports multiple “M” code transactions for RSUs, classified as derivative exercises or conversions. Each RSU converted into one Joby Aviation common share at a $0.00 conversion price, consistent with standard restricted stock unit vesting mechanics.