Joby Aviation (NYSE: JOBY) awards RSUs to President of Aircraft OEM
Rhea-AI Filing Summary
Joby Aviation, Inc. reported that President of Aircraft OEM Didier Papadopoulos received two grants of restricted stock units as equity compensation. One award covers 100,908 RSUs that vest over time, starting with 5% of the total on each of the first four quarterly anniversaries of January 1, 2026, then 10% of the total on each quarterly anniversary thereafter, subject to continued service. A second award covers 201,816 RSUs that vest in multiple tranches upon achieving specified goals on or before the third anniversary of the grant date, also requiring continued service. Each RSU represents the right to receive one share of Joby Aviation common stock upon vesting, and the filing shows no open-market purchases or sales, only compensation-related acquisitions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (RSUs) | 100,908 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units (RSUs) | 201,816 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents an award of restricted stock units ("RSUs") that vests with respect to 5% of the total number of RSUs on each of the first four quarterly anniversaries of January 1, 2026 and as to 10% of the total number of RSUs on each quarterly anniversary 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.
- F2. Represents an award of restricted stock units ("RSUs") that vests in multiple tranches upon the achievement of specified goals, provided that such goals are achieved on or prior to the third anniversary of the grant date, 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.
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