Joby Aviation (NYSE: JOBY) exec sells shares to cover RSU taxes

Rhea-AI Filing Summary

Joby Aviation, Inc. executive Didier Papadopoulos reported routine equity activity tied to restricted stock units. On March 14, 2026, he exercised 11,642 RSUs into the same number of common shares at $0.00 per share, with RSUs vesting under a long-term schedule.

To cover taxes due on this RSU settlement, he sold a total of 6,825 common shares in open-market transactions, including 4,231 shares at $9.94 on March 16 and 2,594 shares at $9.85 on March 17. These sales were executed under an approved Rule 10b5-1 trading plan. After the transactions, he directly owned 135,541 common shares and held 58,207 RSUs.

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).

X

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 CA 95060

(City) (State) (Zip)

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

3. Date of Earliest Transaction (Month/Day/Year)
03/14/2026

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

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

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

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/14/2026		M		11,642	A	$0	142,366	D
Common Stock	03/16/2026		S(1)		4,231	D	$9.94	138,135	D
Common Stock	03/17/2026		S(2)		2,594	D	$9.85(3)	135,541	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units (RSUs)	$0	03/14/2026		M			11,642	(4)	(4)	Common Stock	11,642	$0	58,207	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. Sale made pursuant to the Reporting Person's approved 10b5-1 trading plan adopted on September 2, 2025.

3. This transaction was executed in multiple trades at prices ranging from $9.69 to $9.93. 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.

4. Represents an award of restricted stock units ("RSUs") that vests with respect to 16.66% of the RSUs on June 14, 2022 and as to the remaining 83.34% in 20 quarterly installments 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.

Remarks:

	/s/ Sarah Slayen, Attorney-in-Fact for Didier Papadopoulos	03/17/2026
	** 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.

FAQ

What insider transactions did Joby Aviation (JOBY) report for Didier Papadopoulos?

Didier Papadopoulos reported exercising 11,642 RSUs into common stock and selling 6,825 shares in open-market trades. The sales were linked to tax obligations from RSU vesting and executed under a pre-approved Rule 10b5-1 trading plan.

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

He sold 6,825 common shares in total: 4,231 shares at $9.94 on March 16, 2026 and 2,594 shares at $9.85 on March 17, 2026. These trades were disclosed as open-market sales.

Why did the Joby Aviation (JOBY) executive sell shares after RSU vesting?

The filing states the 6,825 shares sold represent the aggregate amount needed to cover taxes due upon release and settlement of the 11,642 RSUs. This tax-related selling was required under the RSU award’s terms.

Were the Joby Aviation (JOBY) share sales made under a Rule 10b5-1 plan?

Yes. A footnote explains the sales were made under the reporting person’s approved Rule 10b5-1 trading plan adopted on September 2, 2025. Such plans automate trading decisions according to preset instructions.

What are the Joby Aviation (JOBY) executive’s holdings after these transactions?

After the reported activity, he directly owned 135,541 shares of Joby Aviation common stock and held 58,207 restricted stock units (RSUs). The RSUs continue to vest over time, subject to ongoing service conditions.

How do the RSUs in the Joby Aviation (JOBY) filing vest over time?

The RSU award vests 16.66% on June 14, 2022, with the remaining 83.34% vesting in 20 quarterly installments thereafter. Each RSU converts into one share of common stock once the applicable vesting conditions are met.