Joby Aviation executive sells shares to cover RSU taxes
Joby Aviation, Inc. President of Aircraft OEM Didier Papadopoulos reported routine equity compensation activity and a related tax sale.
Rhea-AI Filing Summary
Joby Aviation, Inc. President of Aircraft OEM Didier Papadopoulos reported routine equity compensation activity and a related tax sale. On April 2, 2026, he sold 12,965 shares of common stock in open-market transactions at a weighted average price of $8.15 per share, with trades ranging from $8.15 to $8.43, to cover taxes due on recently vested restricted stock units.
On April 1, 2026, three awards of restricted stock units vested and were converted into an aggregate of 25,102 shares of common stock at a conversion price of $0.00 per share. Following these transactions, Papadopoulos directly owned 147,678 shares of Joby Aviation common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
7 txns
Insider
Papadopoulos Didier
Role
President of Aircraft OEM
Sold
12,965 shs ($106K)
Approx. gross sale proceeds
$106K
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 12,965 | $8.15 | $106K |
| Exercise | Restricted Stock Units (RSUs) | 7,599 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units (RSUs) | 12,458 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units (RSUs) | 5,045 | $0.00 | $0.00 |
| Exercise | Common Stock | 7,599 | $0.00 | $0.00 |
| Exercise | Common Stock | 12,458 | $0.00 | $0.00 |
| Exercise | Common Stock | 5,045 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units (RSUs) — 221,067 contracts (Direct);
Common Stock — 147,678 shares (Direct)
Footnotes (5)
- 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. This transaction was executed in multiple trades at prices ranging from $8.15 to $8.43. 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.
- F3. Represents an award of restricted stock units ("RSUs") that vests in equal installments over four years, on the quarterly anniversary of July 1, 2023, 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.
- F4. Represents an award of restricted stock units ("RSUs") that vest in 16 equal installments on the quarterly anniversary of January 1, 2024, 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.
- F5. 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.
Key Figures
Shares sold: 12,965 shares
Weighted average sale price: $8.15 per share
RSUs converted: 25,102 units
+4 more
7 metrics
Shares sold
12,965 shares
Open-market sale on April 2, 2026
Weighted average sale price
$8.15 per share
Open-market sale used to cover taxes
RSUs converted
25,102 units
Three RSU awards vesting on April 1, 2026
Post-transaction holdings
147,678 shares
Common stock directly owned after transactions
Individual RSU award 1
7,599 units
RSU award vesting quarterly from July 1, 2023
Individual RSU award 2
12,458 units
RSU award vesting in 16 quarterly installments from January 1, 2024
Individual RSU award 3
5,045 units
RSU award with stepped quarterly vesting from January 1, 2026
Key Terms
Restricted Stock Units ("RSUs"), weighted average sale price, quarterly anniversary, contingent right to receive one share of Common Stock, +1 more
5 terms
Restricted Stock Units ("RSUs") financial
"Represents an award of restricted stock units ("RSUs") that vests in equal installments over four years"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
weighted average sale price financial
"The price reported above reflects the weighted average sale price"
quarterly anniversary financial
"vests in equal installments over four years, on the quarterly anniversary of July 1, 2023"
A quarterly anniversary marks the date that occurs every three months after a specific event, such as an investment or a business milestone. It is similar to a birthday that repeats four times a year, helping investors track the timing of important updates or changes. Recognizing these anniversaries allows investors to stay informed about progress and make timely decisions.
derivative security financial
"transaction code description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What did Joby Aviation (JOBY) executive Didier Papadopoulos report in this Form 4?
He reported RSU vesting and a related share sale. 25,102 RSUs vested and converted to common stock, and 12,965 shares were sold to cover taxes, leaving him with 147,678 shares directly owned.
How many Joby Aviation (JOBY) RSUs vested for Didier Papadopoulos?
Three RSU awards vested, converting into a total of 25,102 shares of common stock. The transactions show RSU amounts of 7,599, 12,458, and 5,045 units, each settling into an equal number of Joby Aviation shares.
How do the Joby Aviation (JOBY) RSU awards for the executive vest over time?
The footnotes describe RSU awards vesting in quarterly installments. One vests over four years from July 1, 2023, another in 16 equal quarterly installments from January 1, 2024, and a third with stepped quarterly vesting beginning January 1, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
