Joby Aviation (JOBY) director adds 1,497 fully vested RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Saluja Dipender reported acquisition or exercise transactions in this Form 4 filing.
Joby Aviation director Dipender Saluja received a grant of 1,497 fully vested restricted stock units (RSUs), each representing one share of common stock. The award was granted at no cash cost and increased his direct holdings to 172,278 common shares.
In addition to these directly held shares, the filing lists large indirect holdings of Joby Aviation common stock through several investment entities, including Technology Impact Fund, L.P., Capricorn-Libra Investment Group, L.P., Technology Impact Growth Fund, LP, Capricorn-Libra Partners, LLC, and Saluja B. LLC. The filing states that Saluja may be deemed a beneficial owner of certain of these holdings but disclaims beneficial ownership except to the extent of his pecuniary interest in each entity.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Saluja Dipender
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,497 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 172,278 shares (Direct);
Common Stock — 21,514,683 shares (Indirect, By Technology Impact Fund, L.P.)
Footnotes (1)
- Represents Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of common stock of the Issuer. The RSUs are fully vested on the grant date. The shares of common stock are held of record by Technology Impact Fund, L.P., ("TIF"). The Reporting Person is an owner of the general partner of TIF. The Reporting Person disclaims beneficial ownership of the shares held by TIF except to the extent of his pecuniary interest therein, if any. The shares of common stock are held of record by Capricorn-Libra Investment Group, L.P. ("C-L Group"), for which the Reporting Person has voting and dispositive power and therefore may be deemed to be the beneficial owner of such shares. The Reporting Person disclaims beneficial ownership of the shares held by C-L Group except to the extent of his pecuniary interest therein, if any. The shares of common stock are held of record by Technology Impact Growth Fund, LP, ("TIGF"). The Reporting Person is an owner of the general partner of TIGF. The Reporting Person disclaims beneficial ownership of the shares held by TIGF except to the extent of his pecuniary interest therein, if any. The shares of common stock are held of record by Capricorn-Libra Partners, LLC ("C-L Partners"). The Reporting Person is the sole manager of C-L Partners. The Reporting Person disclaims beneficial ownership of the shares held by C-L Partners except to the extent of his pecuniary interest therein, if any. The shares of common stock are held of record by Saluja B. LLC, of which the Reporting Person is the manager. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any.
Key Figures
RSUs granted: 1,497 units
Direct shares after grant: 172,278 shares
Technology Impact Fund holding: 21,514,683 shares
+4 more
7 metrics
RSUs granted
1,497 units
Fully vested restricted stock units granted to Dipender Saluja
Direct shares after grant
172,278 shares
Joby Aviation common stock held directly by Saluja after transaction
Technology Impact Fund holding
21,514,683 shares
Joby Aviation common stock held by Technology Impact Fund, L.P.
Capricorn-Libra Investment Group holding
5,399,372 shares
Common stock held by Capricorn-Libra Investment Group, L.P.
Technology Impact Growth Fund holding
1,556,592 shares
Common stock held by Technology Impact Growth Fund, LP
Capricorn-Libra Partners holding
321,926 shares
Common stock held by Capricorn-Libra Partners, LLC
Saluja B. LLC holding
22,004 shares
Common stock held by Saluja B. LLC
Key Terms
Restricted Stock Units ("RSUs"), beneficial ownership, pecuniary interest, voting and dispositive power
4 terms
Restricted Stock Units ("RSUs") financial
"Represents Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share"
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.
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of the shares held by TIF except to the extent"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership of the shares held by C-L Group except to the extent of his pecuniary interest"
voting and dispositive power financial
"for which the Reporting Person has voting and dispositive power and therefore may be deemed"
FAQ
What did Joby Aviation (JOBY) director Dipender Saluja report in this Form 4?
Dipender Saluja reported receiving a grant of 1,497 fully vested RSUs, each convertible into one share of Joby Aviation common stock at no cash cost, increasing his directly held position to 172,278 common shares as of the reported date.
What are the key details of the 1,497 RSU grant to Dipender Saluja at Joby Aviation (JOBY)?
The filing states Saluja received 1,497 restricted stock units, fully vested on the grant date. Each RSU represents a right to receive one share of Joby Aviation common stock, and the award carried a stated price per share of $0.00 in the report.
How does the filing describe Dipender Saluja’s beneficial ownership of Joby Aviation (JOBY) shares held by funds?
For multiple funds and LLCs, the filing notes Saluja’s roles, such as owner of a general partner or sole manager, and states he may be deemed a beneficial owner. It also disclaims beneficial ownership except to the extent of any pecuniary interest he has in each entity.
Are the RSUs granted to Joby Aviation (JOBY) director Dipender Saluja subject to vesting conditions?
The RSUs reported in this filing are described as fully vested on the grant date. That means Saluja’s right to receive one share of Joby Aviation common stock for each of the 1,497 RSUs is not subject to future service or performance conditions.