Joby Aviation (NYSE: JOBY) director adds stock through 1,361 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sciarra Paul Cahill reported acquisition or exercise transactions in this Form 4 filing.
Joby Aviation director Paul Cahill Sciarra received a grant of 1,361 Restricted Stock Units (RSUs) of common stock on April 5, 2026, at a stated price of $0.0000 per share. The RSUs are fully vested on the grant date, and each RSU represents one share of Joby Aviation common stock.
Following this grant, Sciarra holds 142,923 shares of common stock directly. He is also reported as the beneficial owner of 50,000 shares held by the Sciarra Foundation and 56,328,057 shares held by the Sciarra Management Trust, where he has voting and dispositive power.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Sciarra Paul Cahill
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,361 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 142,923 shares (Direct);
Common Stock — 50,000 shares (Indirect, By Sciarra Foundation)
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 the Sciarra Foundation. The Reporting Person has voting and dispositive power of the shares held by the Sciarra Foundation therefore may be deemed to be the beneficial owner of such shares. The shares of common stock are held of record by Sciarra Management Trust. The Reporting Person has voting and dispositive power of the shares held by Sciarra Management Trust therefore may be deemed to be the beneficial owner of such shares.
Key Figures
RSUs granted: 1,361 shares
Grant price: $0.0000 per share
Direct holdings after grant: 142,923 shares
+2 more
5 metrics
RSUs granted
1,361 shares
Restricted Stock Units granted on April 5, 2026
Grant price
$0.0000 per share
Stated price for RSU grant
Direct holdings after grant
142,923 shares
Common stock held directly by Sciarra after transaction
Indirect holdings via Sciarra Foundation
50,000 shares
Common stock held of record by the Sciarra Foundation
Indirect holdings via Sciarra Management Trust
56,328,057 shares
Common stock held of record by Sciarra Management Trust
Key Terms
Restricted Stock Units ("RSUs"), fully vested, voting and dispositive power, beneficial owner
4 terms
Restricted Stock Units ("RSUs") financial
"Represents Restricted Stock Units ("RSUs"). Each RSU represents a contingent right..."
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.
fully vested financial
"The RSUs are fully vested on the grant date."
voting and dispositive power financial
"The Reporting Person has voting and dispositive power of the shares held..."
beneficial owner financial
"therefore may be deemed to be the beneficial owner of such shares."
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
FAQ
What insider transaction did Joby Aviation (JOBY) report for Paul Cahill Sciarra?
Joby Aviation reported a grant of 1,361 Restricted Stock Units to director Paul Cahill Sciarra. Each RSU equals one common share and was fully vested on the grant date, increasing his directly held common stock position to 142,923 shares after the award.
What are the terms of the 1,361 RSUs granted to Joby Aviation director Sciarra?
The 1,361 RSUs granted to director Paul Cahill Sciarra vest fully on the grant date and carry a stated price of $0.0000 per share. Each Restricted Stock Unit represents a contingent right to receive one share of Joby Aviation common stock when settled.
How are Sciarra’s indirect Joby Aviation (JOBY) holdings structured?
Sciarra’s indirect holdings include 50,000 Joby shares held by the Sciarra Foundation and 56,328,057 shares held by Sciarra Management Trust. Footnotes state he has voting and dispositive power over both entities’ shares, so he may be deemed the beneficial owner of those positions.
Does the Form 4 for Joby Aviation indicate any stock sales by Paul Cahill Sciarra?
The Form 4 shows an acquisition of 1,361 RSUs by director Paul Cahill Sciarra and no reported sales. Additional entries describe existing indirect holdings through the Sciarra Foundation and Sciarra Management Trust, rather than new dispositions of Joby Aviation common stock.