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Joby Aviation (JOBY) director adds 19,157 shares, receives 18,850 RSU annual award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Joby Aviation director Michael N. Thompson Jr. reported routine equity compensation changes. He exercised 19,157 restricted stock units (RSUs), receiving the same number of Joby Aviation common shares, and his directly held common stock rose to 1,575,625 shares.

He also received a new grant of 18,850 RSUs as an annual award for non-employee directors, which will vest in full on the earlier of the next annual stockholder meeting or June 2, 2027, subject to continued service. Footnotes show additional indirect holdings through Reinvent Sponsor LLC and custodial accounts for his children, for which he disclaims beneficial ownership except for his pecuniary interest in the sponsor entity.

Positive

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Insights

Routine director equity awards and RSU vesting, with no share sales.

Michael N. Thompson Jr., a director of Joby Aviation, exercised 19,157 RSUs into common stock and received a new annual grant of 18,850 RSUs. Both actions are standard for non-employee director compensation and were recorded at a price of $0.00 per unit.

After the RSU conversion, his directly held common stock position increased to 1,575,625 shares. The filing also lists 17,130,000 common shares held indirectly via Reinvent Sponsor LLC and small custodial holdings for his children, with explicit disclaimers of beneficial ownership beyond his pecuniary interest.

No open-market purchases or sales occurred, so there is no clear trading signal about his view of the stock. The actions mainly update his mix of vested shares versus unvested RSUs, and future filings may provide further detail as the new RSU grant approaches its vesting date on June 2, 2027.

Insider Thompson Michael N. Jr.
Role null
Type Security Shares Price Value
Exercise Restricted Stock Units (RSUs) 19,157 $0.00 --
Grant/Award Restricted Stock Units (RSUs) 18,850 $0.00 --
Exercise Common Stock 19,157 $0.00 --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units (RSUs) — 0 shares (Direct, null); Common Stock — 1,575,625 shares (Direct, null); Common Stock — 17,130,000 shares (Indirect, Reinvent Sponsor LLC)
Footnotes (1)
  1. The Reporting Person elected to defer receipt of the shares in accordance with the Issuer's Non-Employee Director Compensation Program. The securities are directly held by Reinvent Sponsor LLC ("Sponsor"). The Reporting Person may be deemed a beneficial owner of securities held by Sponsor by virtue of his shared control over and indirect pecuniary interest in Sponsor. The Reporting Person disclaims beneficial ownership of the securities held by Sponsor, except to the extent of his pecuniary interest therein. Reflects shares in a custodial account for the child of the Reporting Person established pursuant to the Uniform Transfer to Minors Act, for which the Reporting Person serves as a custodian. The Reporting Person disclaims beneficial ownership of these shares. Represents an annual award of restricted stock units ("RSUs") to the Issuer's non-employee directors (the "2025 Annual Award"). The 2025 Annual Award shall fully vest on the earlier of (a) the date of the next annual meeting of the Issuer's stockholders and (b) June 6, 2026, in each case, subject to Reporting Person's continued status as a Service Provider (as defined in the Issuer's 2021 Incentive Award Plan) through the applicable vesting date. Each RSU represents a contingent right to receive one share of Common Stock upon vesting. Represents an annual award of restricted stock units ("RSUs") to the Issuer's non-employee directors (the "2026 Annual Award"). The 2026 Annual Award shall fully vest on the earlier of (a) the date of the next annual meeting of the Issuer's stockholders and (b) June 2, 2027, in each case, subject to Reporting Person's continued status as a Service Provider (as defined in the Issuer's 2021 Incentive Award Plan) through the applicable vesting date. Each RSU represents a contingent right to receive one share of Common Stock upon vesting.
RSUs exercised into common stock 19,157 shares Derivative RSU exercise into Joby Aviation common stock
New RSU grant 18,850 RSUs Annual award for non-employee director
Direct common shares after transactions 1,575,625 shares Total Joby Aviation common stock directly held post-transaction
Indirect shares via Reinvent Sponsor LLC 17,130,000 shares Common stock held by Reinvent Sponsor LLC, with disclaimed beneficial ownership except pecuniary interest
Child 1 custodial account 550 shares Common stock held in Uniform Transfer to Minors Act custodial account
Child 2 custodial account 550 shares Common stock held in second Uniform Transfer to Minors Act custodial account
Exercise price for RSU conversion $0.00 per unit Reported transaction price per share for RSU exercise
Restricted Stock Units (RSUs) financial
"Represents an annual award of restricted stock units ("RSUs") to the Issuer's non-employee directors"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Non-Employee Director Compensation Program financial
"elected to defer receipt of the shares in accordance with the Issuer's Non-Employee Director Compensation Program"
2021 Incentive Award Plan financial
"Service Provider (as defined in the Issuer's 2021 Incentive Award Plan) through the applicable vesting date"
Uniform Transfer to Minors Act financial
"custodial account for the child of the Reporting Person established pursuant to the Uniform Transfer to Minors Act"
Reinvent Sponsor LLC financial
"The securities are directly held by Reinvent Sponsor LLC ("Sponsor"). The Reporting Person may be deemed a beneficial owner"
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
Thompson Michael N. Jr.
(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/02/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/02/2026M19,157(1)A$01,575,625D
Common Stock17,130,000IReinvent Sponsor LLC(2)
Common Stock550IChild 1(3)
Common Stock550IChild 2(3)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units (RSUs)$006/02/2026M19,157 (4) (4)Common Stock19,157$00D
Restricted Stock Units (RSUs)$006/02/2026A18,850 (5) (5)Common Stock18,850$018,850D
Explanation of Responses:
1. The Reporting Person elected to defer receipt of the shares in accordance with the Issuer's Non-Employee Director Compensation Program.
2. The securities are directly held by Reinvent Sponsor LLC ("Sponsor"). The Reporting Person may be deemed a beneficial owner of securities held by Sponsor by virtue of his shared control over and indirect pecuniary interest in Sponsor. The Reporting Person disclaims beneficial ownership of the securities held by Sponsor, except to the extent of his pecuniary interest therein.
3. Reflects shares in a custodial account for the child of the Reporting Person established pursuant to the Uniform Transfer to Minors Act, for which the Reporting Person serves as a custodian. The Reporting Person disclaims beneficial ownership of these shares.
4. Represents an annual award of restricted stock units ("RSUs") to the Issuer's non-employee directors (the "2025 Annual Award"). The 2025 Annual Award shall fully vest on the earlier of (a) the date of the next annual meeting of the Issuer's stockholders and (b) June 6, 2026, in each case, subject to Reporting Person's continued status as a Service Provider (as defined in the Issuer's 2021 Incentive Award Plan) through the applicable vesting date. Each RSU represents a contingent right to receive one share of Common Stock upon vesting.
5. Represents an annual award of restricted stock units ("RSUs") to the Issuer's non-employee directors (the "2026 Annual Award"). The 2026 Annual Award shall fully vest on the earlier of (a) the date of the next annual meeting of the Issuer's stockholders and (b) June 2, 2027, in each case, subject to Reporting Person's continued status as a Service Provider (as defined in the Issuer's 2021 Incentive Award Plan) through the applicable vesting date. Each RSU represents a contingent right to receive one share of Common Stock upon vesting.
Remarks:
/s/ Kate DeHoff, Attorney-in-Fact for Michael Thompson06/03/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Joby Aviation (JOBY) director Michael N. Thompson Jr. report?

He reported exercising 19,157 restricted stock units into an equal number of Joby Aviation common shares and receiving a new grant of 18,850 RSUs as an annual non-employee director award, with no open-market share sales disclosed in this filing.

How many Joby Aviation (JOBY) shares does Michael N. Thompson Jr. hold directly after this Form 4?

Following the RSU conversion, he directly holds 1,575,625 shares of Joby Aviation common stock. This reflects the addition of 19,157 shares from exercised RSUs, alongside a new grant of 18,850 RSUs that remain unvested and will settle into shares upon vesting.

What RSU awards did Michael N. Thompson Jr. receive from Joby Aviation (JOBY)?

He received an annual award of 18,850 restricted stock units as a non-employee director. Each RSU represents a contingent right to one Joby Aviation common share, vesting on the earlier of the next annual stockholder meeting or June 2, 2027, subject to continued service.

Did Michael N. Thompson Jr. buy or sell Joby Aviation (JOBY) shares on the open market?

The Form 4 shows no open-market purchases or sales. The reported activity consists of an RSU exercise converting 19,157 units into common stock and a new 18,850 RSU grant, both compensation-related rather than discretionary market trades in Joby Aviation shares.

What indirect Joby Aviation (JOBY) holdings are associated with Michael N. Thompson Jr.?

The filing lists 17,130,000 Joby Aviation common shares held by Reinvent Sponsor LLC and 550-share custodial accounts for each of his two children. He disclaims beneficial ownership of these shares except for his pecuniary interest in the sponsor entity, reflecting indirect exposure.

When will Michael N. Thompson Jr.’s new Joby Aviation (JOBY) RSUs vest?

The new 18,850 RSU annual award will fully vest on the earlier of the next Joby Aviation annual stockholder meeting or June 2, 2027. Vesting is conditioned on his continued service as a non-employee director under the company’s 2021 Incentive Award Plan.