Joby Aviation (JOBY) exec exercises RSUs, sells 826 shares for tax obligations

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

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.

Insider Trade Summary

Net Seller: 826 shares ($7,327)

Net Sell 3 txns

Insider Papadopoulos Didier

Role President of Aircraft OEM

Sold 826 shs ($7K)

Type	Security	Shares	Price	Value
Sale	Common Stock	826	$8.87	$7K
Exercise	Restricted Stock Units (RSUs)	1,601	$0.00	--
Exercise	Common Stock	1,601	$0.00	--

Holdings After Transaction: Common Stock — 145,059 shares (Direct); Restricted Stock Units (RSUs) — 0 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. 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"

Form 4 Insider Transactions: What Each Field Means →

04/09/2026 - 04:15 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Papadopoulos Didier

(Last)

(First)

(Middle)

C/O JOBY AVIATION, INC.

333 ENCINAL STREET

(Street)

SANTA CRUZ

CALIFORNIA

95060

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Joby Aviation, Inc. [ JOBY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President of Aircraft OEM

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/07/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/07/2026		M		1,601	A	$0	145,885	D
Common Stock	04/08/2026		S⁽¹⁾		826	D	$8.87	145,059	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units (RSUs)	$0	04/07/2026		M			1,601	⁽²⁾	⁽²⁾	Common Stock	1,601	$0	0	D

Explanation of Responses:

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.

2. 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.

Remarks:

	/s/ Sarah Slayen, Attorney-in-Fact for Didier Papadopoulos	04/09/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

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.

How many Joby Aviation (JOBY) shares did the executive sell and at what price?

Didier Papadopoulos sold 826 shares of Joby Aviation common stock at $8.87 per share. A filing footnote explains these shares were sold solely to cover taxes due upon RSU release and settlement, rather than as a discretionary open-market sale of his broader holdings.

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.

How many Joby Aviation (JOBY) shares does the executive hold after these transactions?

Following the RSU conversion and tax-related sale, Didier Papadopoulos directly holds 145,059 shares of Joby Aviation common stock. This total reflects his remaining position after issuing 1,601 new shares from RSUs and selling 826 shares to satisfy related tax obligations required by the award.

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.