DeHoff Kate 4

What Happened
Kate DeHoff, Joby Aviation’s Chief Legal Officer and Corporate Secretary, was granted two restricted stock unit (RSU) awards on March 18, 2026 totaling 302,724 RSUs (100,908 RSUs and 201,816 RSUs). These were reported on a Form 4 as "A" (award/acquisition) at $0.00 per unit — RSUs are contingent rights to receive one share of common stock upon vesting, so no cash changed hands and no immediate shares were issued.

Key Details

• Transaction date: 2026-03-18; Form 4 filed 2026-03-20 (filed timely).
• Grants: 100,908 RSUs (Footnote F1) and 201,816 RSUs (Footnote F2). Reported price: $0.00 (derivative award). Total RSUs = 302,724.
• Shares owned after transaction: not specified in the provided filing information.
• Footnote F1: 100,908 RSUs vest over time — 5% of the total on each of the first four quarterly anniversaries of Jan 1, 2026, then 10% on each quarterly anniversary thereafter, subject to continued service.
• Footnote F2: 201,816 RSUs vest in multiple tranches tied to specified performance goals if achieved on or before the third anniversary of the grant date, and subject to continued service.
• Nature: Compensation award (not a market purchase or sale); classified as derivative awards (contingent equity).

Context
RSUs are common executive compensation and do not represent immediate ownership until they vest; performance- or service-based vesting means the ultimate share delivery depends on meeting conditions. These awards are informational about compensation and are not a direct buy/sell signal.