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

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

Rhea-AI Filing Summary

Joby Aviation director Ogawa Tetsuo increased his equity stake through routine equity compensation activity. On June 2, 2026, he exercised previously granted restricted stock units, receiving 19,157 shares of Common Stock, bringing his direct holdings to 85,029 common shares.

On the same date, he also received a new annual grant of 18,850 restricted stock units as a non-employee director award. According to the award terms, these RSUs will fully vest on the earlier of the next annual stockholder meeting or June 2, 2027, contingent on his continued service, with each RSU converting into one share of common stock upon vesting.

Positive

  • None.

Negative

  • None.
Insider Ogawa Tetsuo
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 --
Holdings After Transaction: Restricted Stock Units (RSUs) — 0 shares (Direct, null); Common Stock — 85,029 shares (Direct, null)
Footnotes (1)
  1. 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 exercise/conversion on June 2, 2026
Common shares held after transaction 85,029 shares Direct ownership following June 2, 2026 exercise
New RSU annual award 18,850 RSUs Grant to non-employee director on June 2, 2026
2025 Annual Award vesting deadline June 6, 2026 Earlier of next annual meeting or this date for vesting
2026 Annual Award vesting deadline June 2, 2027 Earlier of next annual meeting or this date for vesting
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.
annual award financial
"Represents an annual award of restricted stock units ("RSUs") to the Issuer's non-employee directors (the "2025 Annual Award")"
Service Provider financial
"subject to Reporting Person's continued status as a Service Provider (as defined in the Issuer's 2021 Incentive Award Plan)"
2021 Incentive Award Plan financial
"Service Provider (as defined in the Issuer's 2021 Incentive Award Plan) through the applicable vesting date"
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FAQ

What did Joby Aviation (JOBY) director Ogawa Tetsuo report in this Form 4?

Director Ogawa Tetsuo reported routine equity compensation activity. He exercised 19,157 RSUs into Common Stock and received a new grant of 18,850 RSUs, reflecting ongoing participation in Joby Aviation’s director compensation program.

How many Joby Aviation (JOBY) shares does Ogawa Tetsuo hold after these transactions?

After exercising restricted stock units, Ogawa Tetsuo directly holds 85,029 shares of Common Stock. This total reflects his updated equity position following the June 2, 2026 RSU conversion reported in the Form 4 filing.

What are the terms of the new RSU grant to Joby Aviation (JOBY) director Ogawa Tetsuo?

The new grant is 18,850 RSUs as an annual award to a non-employee director. These RSUs fully vest on the earlier of the next annual stockholder meeting or June 2, 2027, subject to his continued service, then convert into Common Stock.

Were any Joby Aviation (JOBY) shares sold in Ogawa Tetsuo’s reported transactions?

No sales were reported. The Form 4 shows acquisitions only: an exercise of 19,157 RSUs into Common Stock and a grant of 18,850 new RSUs, both tied to director compensation arrangements, with no dispositions disclosed.

What do the RSU awards mean for Joby Aviation (JOBY) director compensation?

The RSU awards represent equity-based compensation for a non-employee director. One award of 19,157 RSUs was exercised into shares, while a new annual grant of 18,850 RSUs will vest based on continued service and then settle in Common Stock.
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*
Ogawa Tetsuo

(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 Stock06/02/2026M19,157A$085,029D
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 (1) (1)Common Stock19,157$00D
Restricted Stock Units (RSUs)$006/02/2026A18,850 (2) (2)Common Stock18,850$018,850D
Explanation of Responses:
1. 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.
2. 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 Tetsuo Ogawa06/03/2026
** 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)