Joby Aviation (JOBY) president exercises RSUs, sells common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Joby Aviation, Inc. executive Didier Papadopoulos reported RSU vesting and share sales. On February 12, 2026, he acquired 28,571 shares of Common Stock at an exercise price of $0 through the settlement of restricted stock units.
On February 13, 2026, he sold 10,382 shares of Common Stock at $9.88 per share to cover taxes due on the RSU release, as required by the award terms. On February 17, 2026, he sold an additional 6,366 shares at $9.74 per share under a pre-approved Rule 10b5-1 trading plan adopted on September 2, 2025. After these transactions, he directly owned 128,548 Common Stock shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 16,748 shares ($164,579)
Net Sell
4 txns
Insider
Papadopoulos Didier
Role
President of Aircraft OEM
Sold
16,748 shs ($165K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,366 | $9.74 | $62K |
| Sale | Common Stock | 10,382 | $9.88 | $103K |
| Exercise | Restricted Stock Units (RSUs) | 28,571 | $0.00 | -- |
| Exercise | Common Stock | 28,571 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 128,548 shares (Direct);
Restricted Stock Units (RSUs) — 28,572 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. Sale made pursuant to the Reporting Person's approved 10b5-1 trading plan adopted on September 2, 2025. Represents an award of restricted stock units ("RSUs"). Between 0% and 125% of the award will vest in three equal annual installments on the anniversary of February 12, 2024, based on the achievement of specified goals under the Joby Aviation, Inc. 2024 Performance Award Program and 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
What insider transactions did JOBY executive Didier Papadopoulos report?
Didier Papadopoulos reported RSU settlement and share sales. He received 28,571 Joby Aviation shares from RSU vesting, then sold 10,382 shares at $9.88 and 6,366 shares at $9.74, ending with 128,548 directly owned shares.
Did the JOBY executive use a Rule 10b5-1 trading plan for any sales?
Yes. The sale of 6,366 Joby Aviation shares on February 17, 2026, was made under an approved Rule 10b5-1 trading plan. The plan was adopted on September 2, 2025, according to the Form 4 footnotes.
What are the key terms of the Joby Aviation RSU award reported in this Form 4?
The RSU award covers 28,571 units, with between 0% and 125% vesting in three equal annual installments from February 12, 2024. Vesting depends on performance goals under the 2024 Performance Award Program and continued service, with each RSU delivering one share on vesting.