Papadopoulos Didier 4
4 · Joby Aviation, Inc. · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
Joby (JOBY) President Didier Papadopoulos Sells 12,965 Shares
What Happened
Didier Papadopoulos, President of Aircraft OEM at Joby Aviation (JOBY), had RSUs vest and converted to 25,102 shares on April 1, 2026 (three separate conversions of 7,599; 12,458; and 5,045 shares). Following vesting, he sold 12,965 shares in the open market on April 2, 2026 for total reported proceeds of $105,665 (weighted average sale price reported as $8.15). The shares acquired on vesting were recorded at $0.00 cost (RSU conversion).
Key Details
- Transaction dates: RSU conversion/exercise/conversion on 2026-04-01; open-market sale on 2026-04-02. Filing date: 2026-04-03 (appears timely).
- Shares: 25,102 shares acquired via RSU conversion; 12,965 shares sold; net increase of 12,137 shares held (25,102 acquired − 12,965 sold).
- Sale price/proceeds: weighted average sale price $8.15; total proceeds $105,665. Per footnote, trades ranged $8.15–$8.43.
- Footnotes of note: F1—shares sold to cover taxes due on RSU release (sell-to-cover); F2—sale executed in multiple trades, weighted avg reported; F3–F5—these were RSU awards subject to multi-year/quarterly vesting schedules.
- Shares owned after the transaction: not specified in the provided excerpt of the filing.
Context
- These transactions represent RSU vesting and a routine sell-to-cover tax withholding, not an independent open-market purchase. RSU conversions show as exercise/conversion of a derivative (Form 4 code M); the immediate partial sale was to satisfy tax obligations.
- Sales to cover taxes are common and generally considered routine rather than a directional bet on the stock; no 10b5-1 plan or other trading plan was indicated in the provided notes.
Insider Transaction Report
Form 4
Papadopoulos Didier
President of Aircraft OEM
Transactions
- Exercise/Conversion
Common Stock
2026-04-01+7,599→ 143,140 total - Exercise/Conversion
Common Stock
2026-04-01+12,458→ 155,598 total - Exercise/Conversion
Common Stock
2026-04-01+5,045→ 160,643 total - Sale
Common Stock
[F1][F2]2026-04-02$8.15/sh−12,965$105,665→ 147,678 total - Exercise/Conversion
Restricted Stock Units (RSUs)
[F3]2026-04-01−7,599→ 37,994 totalExercise: $0.00→ Common Stock (7,599 underlying) - Exercise/Conversion
Restricted Stock Units (RSUs)
[F4]2026-04-01−12,458→ 87,210 totalExercise: $0.00→ Common Stock (12,458 underlying) - Exercise/Conversion
Restricted Stock Units (RSUs)
[F5]2026-04-01−5,045→ 95,863 totalExercise: $0.00→ Common Stock (5,045 underlying)
Footnotes (5)
- [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]This transaction was executed in multiple trades at prices ranging from $8.15 to $8.43. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F3]Represents an award of restricted stock units ("RSUs") that vests in equal installments over four years, on the quarterly anniversary of July 1, 2023, 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]Represents an award of restricted stock units ("RSUs") that vest in 16 equal installments on the quarterly anniversary of January 1, 2024, 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.
- [F5]Represents an award of restricted stock units ("RSUs") that vests with respect to 5% of the total number of RSUs on each of the first four quarterly anniversaries of January 1, 2026 and as to 10% of the total number of RSUs on each quarterly anniversary thereafter, 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.
Signature
/s/ Sarah Slayen, Attorney-in-Fact for Didier Papadopoulos|2026-04-03