Joby Aviation executive sells shares after RSU vesting
Joby Aviation, Inc. executive Didier Papadopoulos reported routine equity activity tied to restricted stock units.
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.
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Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,594 | $9.85 | $26K |
| Sale | Common Stock | 4,231 | $9.94 | $42K |
| Exercise | Restricted Stock Units (RSUs) | 11,642 | $0.00 | $0.00 |
| Exercise | Common Stock | 11,642 | $0.00 | $0.00 |
Footnotes (4)
- 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. Sale made pursuant to the Reporting Person's approved 10b5-1 trading plan adopted on September 2, 2025.
- F3. 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.
- F4. 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.
FAQ
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