DeHoff Kate 4

What Happened

Kate DeHoff, Chief Legal Officer and Corporate Secretary of Joby Aviation (JOBY), received an award of 19,762 restricted stock units (RSUs) on March 6, 2026. The award was reported on Form 4 filed March 10, 2026. The RSUs were granted at $0.00 (no cash purchase); each RSU represents the contingent right to receive up to two shares of common stock upon vesting, so the award could convert into as many as 39,524 shares depending on performance and service.

Key Details

• Transaction type: Award/Grant (derivative RSUs) recorded for 19,762 RSUs on 2026-03-06; reported 2026-03-10.
• Grant price: $0.00 (compensation award, not a market purchase).
• Vesting: Between 0% and 200% of the award may vest on March 22, 2027, based on achievement of company performance objectives and continued service.
• Conversion: Each RSU may convert into up to two shares upon vesting (max possible shares = 39,524).
• Shares owned after transaction: Not specified in the filing.
• Filing timeliness: Reported on 2026-03-10 for a 2026-03-06 grant; appears timely under Form 4 reporting rules.
• Footnote: RSU vesting is performance- and service-contingent (see above).

Context

This was a compensation award (RSUs), not an open-market purchase or sale. Awards like this are common for executives and do not reflect an immediate change in market exposure until/if the RSUs vest and convert to shares. The ultimate number of shares delivered will depend on the company meeting the specified performance goals and DeHoff’s continued service through the vesting date.