Joby Aviation officer covers RSU taxes with share sale
Joby Aviation, Inc. officer Kate DeHoff reported the vesting of 29,368 restricted stock units and their conversion into an equal number of common shares, followed by the sale of 15,201 shares at a weighted average price of $11.77 per share.
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Rhea-AI Filing Summary
Joby Aviation, Inc. officer Kate DeHoff reported the vesting of 29,368 restricted stock units and their conversion into an equal number of common shares, followed by the sale of 15,201 shares at a weighted average price of $11.77 per share. According to the disclosure, these shares were sold solely to cover taxes due upon the RSU release and settlement, rather than as a discretionary sale. After these transactions, DeHoff directly holds 177,734 shares of Joby Aviation common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 15,201 | $11.77 | $179K |
| Exercise | Restricted Stock Units (RSUs) | 29,368 | $0.00 | $0.00 |
| Exercise | Common Stock | 29,368 | $0.00 | $0.00 |
Footnotes (3)
- 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. This transaction was executed in multiple trades at prices ranging from $11.77 to $11.90. 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.
- F3. Represents an award of restricted stock units ("RSUs") that vests with respect to 100% of the RSUs on June 1, 2026, 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
Key Terms
Restricted Stock Units (RSUs) financial
weighted average sale price financial
vests financial
FAQ
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What insider transactions did Kate DeHoff report in Joby Aviation (JOBY) Form 4?
What RSU activity involving Joby Aviation (JOBY) stock is disclosed for Kate DeHoff?
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