Joby Aviation (NYSE: JOBY) executive sells shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Joby Aviation, Inc. executive Didier Papadopoulos, President of Aircraft OEM, reported an RSU vesting and related stock sales. On June 14, 2026, he acquired 11,641 shares of common stock upon the conversion of restricted stock units. Each RSU converts into one share of common stock.
To cover taxes due on the RSU release and settlement, he sold an aggregate 7,974 shares of common stock in open-market transactions on June 15 and 16, 2026 at weighted average prices of about $9.83 and $9.42 per share. These sales were made pursuant to an approved Rule 10b5-1 trading plan. Following the transactions, he directly holds 148,455 shares of Joby Aviation common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 7,974 shares ($77,575)
Net Sell
4 txns
Insider
Papadopoulos Didier
Role
President of Aircraft OEM
Sold
7,974 shs ($78K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,975 | $9.42 | $19K |
| Sale | Common Stock | 5,999 | $9.83 | $59K |
| Exercise | Restricted Stock Units (RSUs) | 11,641 | $0.00 | -- |
| Exercise | Common Stock | 11,641 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 148,455 shares (Direct, null);
Restricted Stock Units (RSUs) — 46,566 shares (Direct, null)
Footnotes (1)
- 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. Sale made pursuant to the Reporting Person's approved 10b5-1 trading plan adopted on September 2, 2025. This transaction was executed in multiple trades at prices ranging from $9.24 to $9.65. 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. Represents an award of restricted stock units ("RSUs") that vests with respect to 16.66% of the RSUs on June 14, 2022 and as to the remaining 83.34% in 20 quarterly installments 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: 7,974 shares
Sale price June 16: $9.42/share
Sale price June 15: $9.83/share
+2 more
5 metrics
Shares sold
7,974 shares
Aggregate open-market sales on June 15–16, 2026
Sale price June 16
$9.42/share
Weighted average sale price on June 16, 2026
Sale price June 15
$9.83/share
Weighted average sale price on June 15, 2026
RSUs converted
11,641 units
Restricted stock units converting into common stock on June 14, 2026
Shares held after
148,455 shares
Direct common stock ownership after reported transactions
Key Terms
Rule 10b5-1 trading plan, restricted stock units ("RSUs"), weighted average sale price, vests in 20 quarterly installments
4 terms
Rule 10b5-1 trading plan financial
"Sale made pursuant to the Reporting Person's approved 10b5-1 trading plan adopted on September 2, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock units ("RSUs") financial
"Represents an award of restricted stock units ("RSUs") that vests with respect to 16.66% of the RSUs on June 14, 2022..."
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
"This transaction was executed in multiple trades at prices ranging from $9.24 to $9.65. The price reported above reflects the weighted average sale price."
vests in 20 quarterly installments financial
"and as to the remaining 83.34% in 20 quarterly installments thereafter, subject to the reporting person's continued service..."
FAQ
What did Joby Aviation (JOBY) executive Didier Papadopoulos report in this Form 4?
Didier Papadopoulos reported an RSU vesting and related stock sales. He converted 11,641 restricted stock units into common shares and then sold 7,974 shares in open-market transactions linked to that vesting.
Was the Joby Aviation (JOBY) insider sale executed under a Rule 10b5-1 plan?
Yes. The filing notes that at least one of the sales was made under an approved Rule 10b5-1 trading plan adopted on September 2, 2025. Such pre-arranged plans automate trading according to preset instructions.
What restricted stock unit (RSU) award is involved in this Joby Aviation (JOBY) Form 4?
The RSU award vests 16.66% on June 14, 2022, with the remaining 83.34% vesting in 20 quarterly installments. Each RSU provides the right to receive one share of Joby Aviation common stock upon vesting.