Papadopoulos Didier 4

What Happened
Didier Papadopoulos, President of Aircraft OEM at Joby Aviation (JOBY), was granted two restricted stock unit (RSU) awards on March 18, 2026: 100,908 RSUs and 201,816 RSUs, for a total of 302,724 RSUs. Both awards were reported as derivative acquisitions at $0.00 per RSU (i.e., contingent rights to receive shares upon vesting). The filing was submitted March 20, 2026.

Key Details

• Transaction date: 2026-03-18; Form 4 filed: 2026-03-20 (filed within typical 2-business-day window).
• Awards: 100,908 RSUs (footnote F1) and 201,816 RSUs (footnote F2); reported acquisition price $0.00 (RSU grants).
• Total RSUs granted: 302,724. Each RSU represents the right to one share of common stock upon vesting.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote F1: Vesting schedule — 5% of total RSUs vest on each of the first four quarterly anniversaries of Jan 1, 2026, then 10% on each subsequent quarterly anniversary, subject to continued service.
• Footnote F2: Vesting in multiple tranches tied to achievement of specified goals, provided goals are met by the third anniversary of the grant and subject to continued service.
• No 10b5-1 plan, tax withholding event, or late filing was indicated in the provided information.

Context
RSU grants are a form of compensation and do not represent an open-market purchase or sale; they are contingent claims to company shares that convert upon meeting vesting conditions. Such awards are common for executive compensation and may vest over time or upon performance milestones. This filing reports the grant (award) itself and does not indicate any immediate share sale or purchase.