Joby Aviation executive exercises RSUs, sells 826 shares
Joby Aviation, Inc. executive Didier Papadopoulos, President of Aircraft OEM, exercised 1,601 Restricted Stock Units (RSUs) into an equal number of common shares at an exercise price of $0.00 per share.
Rhea-AI Filing Summary
Joby Aviation, Inc. executive Didier Papadopoulos, President of Aircraft OEM, exercised 1,601 Restricted Stock Units (RSUs) into an equal number of common shares at an exercise price of $0.00 per share. On the following day, he sold 826 shares of common stock at $8.87 per share.
According to the footnote, these sold shares represent the aggregate amount used to cover taxes due upon the RSU release and settlement, as required by the RSU award terms. After these transactions, Papadopoulos directly holds 145,059 shares of Joby Aviation common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
Insider
Papadopoulos Didier
Role
President of Aircraft OEM
Sold
826 shs ($7K)
Approx. gross sale proceeds
$7K
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 826 | $8.87 | $7K |
| Exercise | Restricted Stock Units (RSUs) | 1,601 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,601 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units (RSUs) — 0 contracts (Direct);
Common Stock — 145,059 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. Between 0% and 200% of the award will vest in equal installments on each of on March 9, 2026, and April 7, 2026, based on the achievement of specified goals and subject to the Reporting Person's continued service through the applicable vesting date. Each RSU represents the contingent right to receive up to two shares of Common Stock upon vesting.
Key Figures
Shares sold: 826 shares
Sale price: $8.87 per share
RSUs exercised: 1,601 units
+3 more
6 metrics
Shares sold
826 shares
Common stock sold on April 8, 2026
Sale price
$8.87 per share
Price for 826 Joby Aviation common shares
RSUs exercised
1,601 units
Restricted Stock Units converted to common stock
RSU exercise price
$0.00 per share
Cost to convert RSUs into common shares
Shares held after transactions
145,059 shares
Directly owned Joby Aviation common stock
Net share change from buy/sell
-826 shares
Net of open-market sale activity
Key Terms
Restricted Stock Units (RSUs), derivative exercise/conversion, open-market sale, vesting, +1 more
5 terms
Restricted Stock Units (RSUs) financial
"Represents the aggregate number of shares sold by the Reporting Person to cover taxes due upon the release and settlement of the RSUs"
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.
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion" for the RSU transaction"
open-market sale financial
"transaction_action: "open-market sale" for 826 shares of Common Stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
vesting financial
"Between 0% and 200% of the award will vest in equal installments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
contingent right financial
"Each RSU represents the contingent right to receive up to two shares of Common Stock"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Joby Aviation (JOBY) report for Didier Papadopoulos?
Joby Aviation reported that executive Didier Papadopoulos exercised 1,601 RSUs into common stock, then sold 826 shares. The sale was specifically to cover tax obligations tied to the RSU settlement, and he continues to hold 145,059 Joby Aviation common shares directly.
What RSU activity involving Joby Aviation (JOBY) stock was disclosed?
The filing shows 1,601 Restricted Stock Units (RSUs) for Joby Aviation vested and were converted into 1,601 common shares at a $0.00 exercise price. These RSUs are part of an equity award that settles in stock and is subject to specified vesting conditions and performance goals.
Were the Joby Aviation (JOBY) insider sales part of tax withholding for RSUs?
Yes. A footnote states the 826 Joby Aviation shares sold by Didier Papadopoulos represent the aggregate shares used to cover taxes due at RSU release and settlement. This means the disposition was driven by tax requirements embedded in the RSU award’s terms.
What do the vesting terms of the Joby Aviation (JOBY) RSU award indicate?
The RSU award provides that between 0% and 200% of the award will vest in equal installments on March 9, 2026 and April 7, 2026. Vesting depends on achieving specified goals and the executive’s continued service, with each RSU potentially delivering up to two Joby common shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
