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.

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

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 CALIFORNIA 95060

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/18/2026

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

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

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

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

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	03/18/2026		A		100,908		(1)	(1)	Common Stock	100,908	$0	100,908	D
Restricted Stock Units (RSUs)	$0	03/18/2026		A		201,816		(2)	(2)	Common Stock	201,816	$0	201,816	D

Explanation of Responses:

1. 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.

2. 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.

Remarks:

	/s/ Sarah Slayen, Attorney-in-Fact for Didier Papadopoulos	03/20/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

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

Joby Aviation reported that President of Aircraft OEM Didier Papadopoulos received two grants of restricted stock units as equity compensation, totaling 100,908 time-based RSUs and 201,816 performance-based RSUs, with no open-market share purchases or sales disclosed in this Form 4.

How many restricted stock units were granted to Didier Papadopoulos at Joby Aviation?

Didier Papadopoulos was granted two blocks of restricted stock units: 100,908 RSUs that vest over time and 201,816 RSUs that vest based on performance goals. Each RSU represents the contingent right to receive one share of Joby Aviation common stock when the vesting conditions are satisfied.

What is the vesting schedule for the 100,908 time-based RSUs at Joby Aviation?

The 100,908 time-based RSUs vest 5% of the total on each of the first four quarterly anniversaries of January 1, 2026, then 10% on each quarterly anniversary after that. Vesting requires Didier Papadopoulos to remain in service through each applicable vesting date.

How do the 201,816 performance-based RSUs at Joby Aviation vest?

The 201,816 performance-based RSUs vest in multiple tranches only if specified goals are achieved on or before the third anniversary of the grant date. Vesting also depends on Didier Papadopoulos continuing in service through the relevant vesting dates set by the company.

Does the Joby Aviation Form 4 for JOBY show any stock sales by Didier Papadopoulos?

The Form 4 shows no stock sales or open-market purchases by Didier Papadopoulos. It only reports compensation-related acquisitions coded as awards of restricted stock units, with both grants having a stated price of $0.00 per unit in the transaction fields.

What does each RSU granted to Didier Papadopoulos at Joby Aviation represent?

Each restricted stock unit granted to Didier Papadopoulos represents a contingent right to receive one share of Joby Aviation common stock. Shares are delivered only when the RSUs vest, after satisfying time-based or performance-based conditions and continued service requirements.