DeHoff Kate 4

4 · Joby Aviation, Inc. · Filed Mar 11, 2026

AI-generated summary of this filing

Updated Mar 11, 2026

Joby (JOBY) CLO Kate DeHoff Sells Shares After RSU Vesting

What Happened

Kate DeHoff, Chief Legal Officer and Corporate Secretary of Joby Aviation (JOBY), had RSUs convert to shares and completed both tax-withholding dispositions and open-market sales. On 2026-03-09 she converted/received 4,252 shares (2,958 + 1,294) at $0.00 (conversion of RSUs). Those 4,252 shares were immediately disposed (reported as $0) to cover taxes per the RSU terms. Separately, she sold 2,193 shares on 2026-03-10 at $10.25 ($22,478) and 1,433 shares on 2026-03-11 at $9.90 ($14,187) — total open-market proceeds of $36,665. The market sales were made under an approved 10b5-1 trading plan.

Key Details

Transaction dates and prices:
- 2026-03-09: conversion of 2,958 and 1,294 RSU-based shares at $0.00 (acquired then disposed for tax withholding)
- 2026-03-10: sold 2,193 shares @ $10.25 = $22,478 (open market, 10b5-1)
- 2026-03-11: sold 1,433 shares @ $9.90 = $14,187 (open market, 10b5-1)
Shares converted/withheld for taxes: 4,252 (reported disposals at $0 per footnote F1)
Open-market shares sold: 3,626 for $36,665 total
Notable footnotes:
- F1: Shares sold to cover taxes on RSU release
- F2: Market sales made under a 10b5-1 plan adopted May 13, 2025
- F3/F4: RSU award terms — vesting tied to performance and service; awards can convert to varying numbers of shares
Filing timeliness: Report filed 2026-03-11 for transactions on/through 2026-03-09; filing appears timely (no late-filing flag in provided data)
Shares owned after transaction: Not specified in the provided filing excerpts

Context

The “M” derivative entries reflect conversion/exercise of RSU-type awards into common stock; the immediate $0 disposals are tax-withholding (a routine payroll tax settlement), not open-market cash sales. The separate open-market sales were executed under an existing 10b5-1 plan, which schedules trades regardless of short-term views. Routine tax-withholding and 10b5-1 sales are common and do not, by themselves, indicate insider confidence or pessimism. Purchases generally carry more informational weight than routine sales.

Form 4

Period: 2026-03-09

See Remarks

Transactions

Exercise/Conversion
Common Stock
2026-03-09+2,958→ 162,835 total
Exercise/Conversion
Common Stock
2026-03-09+1,294→ 164,129 total
Sale
Common Stock
[F1]
2026-03-10$10.25/sh−2,193$22,478→ 161,936 total
Sale
Common Stock
[F2]
2026-03-11$9.90/sh−1,433$14,187→ 160,503 total
Exercise/Conversion
Restricted Stock Units (RSUs)
[F3]
2026-03-09−2,958→ 0 total
Exercise: $0.00→ Common Stock (2,958 underlying)
Exercise/Conversion
Restricted Stock Units (RSUs)
[F4]
2026-03-09−1,294→ 1,292 total
Exercise: $0.00→ Common Stock (1,294 underlying)

Footnotes (4)

[F1]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.
[F2]Sale made pursuant to the Reporting Person's approved 10b5-1 trading plan adopted on May 13, 2025.
[F3]Represents an award of restricted stock units ("RSUs"). Between 0% and 125% of the award will vest in equal installments on each of on January 12, 2026, February 9, 2026, and March 9, 2026, based on the achievement of specified goals and 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.
[F4]Between 0% and 200% of the award will vest in equal installments on each of on March 9, 2026, and April 7, 2026, based on the achievement of specified goals and subject to the Reporting Person's continued service through the applicable vesting date. Each RSU represents the contingent right to receive up to two shares of Common Stock upon vesting.

Signature

/s/ Sarah Slayen, Attorney-in-Fact for Kate Dehoff|2026-03-11

1 file