Joby Aviation (NYSE: JOBY) director adds 19,157 shares and receives 18,850 RSU award
Filing Impact
Filing Sentiment
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 Trade Summary
19,157 shares exercised/converted
Mixed
3 txns
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)
- 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.
Key Figures
RSUs exercised into Common Stock: 19,157 shares
Common shares held after transaction: 85,029 shares
New RSU annual award: 18,850 RSUs
+2 more
5 metrics
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
Key Terms
Restricted Stock Units (RSUs), annual award, Service Provider, 2021 Incentive Award Plan
4 terms
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"
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.
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.
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.