Papadopoulos Didier 4

What Happened

• Didier Papadopoulos, Joby Aviation’s President of Aircraft OEM, received an award of 22,529 restricted stock units (RSUs) on 2026-03-06. The grant was reported on a Form 4 filed 2026-03-10. The award was reported at $0.00 (no cash exchanged) and is recorded as a derivative grant (transaction code A).
• Each RSU represents the contingent right to receive up to two shares of Joby common stock upon vesting, so the award could convert into as many as 45,058 shares if the maximum (200%) performance multiplier is achieved. Vesting is performance-based (0%–200%) and conditioned on continued service through the applicable vesting date; the specified vesting/performance measurement date is March 22, 2027.

Key Details

• Transaction date: 2026-03-06; reported on Form 4 filed 2026-03-10 (timely within the two-business-day filing window).
• Reported price: $0.00 (award of RSUs, no purchase or sale proceeds).
• Potential shares on vesting: up to 45,058 shares (22,529 RSUs × up to 2 shares per RSU).
• Shares owned after transaction: not disclosed in the filing.
• Footnote: RSUs vest between 0% and 200% on March 22, 2027 based on company performance and continued service (see above).

Context

• This is a compensation grant (award), not an open-market purchase or sale. Such awards are routine for executives and are tied to performance and service conditions rather than immediate insider buying/selling signals.